Rural Electrification Corporation’s (REC) wholly owned subsidiary - REC Transmission Projects Company (RECTPCL) - has been appointed as the bid process coordinator (BPC) for three transmission projects. Out of which, the first includes Transmission System Associated with IPPs of Vemagiri Area- Package A, Vemagiri Pooling Station-Khammam 765 kV 1xD/c (1st ckt.) line and Khamam - Hyderabad 765 kV D/C (1st ckt.) line. The Transmission System Associated with IPPs of Vemagiri Area- Package B, Vemagiri Pooling Station-Khammam 765 kV 1xD/C (2nd ckt.) line and Khamam - Hyderabad 765 kV D/C (2nd ckt.) line.
The third project includes Transmission System Associated with IPPs of Vemagiri Area- Package C and Wardha-Jabalpur Pooling Station 765 kV 1xD/c line. The company for the same is in process to incorporate three Special Purpose Vehicles (SPVs) as its wholly owned subsidiary companies.
Since, RECTPLCL is wholly owned subsidiary of REC, the company’s board of directors have approved the proposal of incorporation of three SPVs as subsidiary companies of RECTPCL, which will also be the subsidiaries of the company.
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