RECPDCL & Gujarat Govt Partner for Rs 2,094 Crore Smart Metering Projects
The project is to be implemented in Paschim Gujarat Vij Company Ltd (PGVCL) under the first phase of the Revamped Distribution Sector Scheme (RDSS).
PGVCL comes under Gujarat Urja Vikas Nigam Ltd (GUVNL).
According to a statement, an Memorandum of Understanding (MoU) was signed by GUVNL MD Jai Prakash Shivahare and RECPDCL CEO Rajesh Kumar Gupta in the presence of Gujarat Chief Minister Bhupendra Patel.
The MoU was signed ahead of the Vibrant Gujarat Summit 2024.
The Gujarat government is set to facilitate RECPDCL in obtaining necessary permissions and clearances for their upcoming projects in the state.
As per the statement, the MoU outlines a time-bound framework to streamline the establishment of RECPDCL's projects in Gujarat.
You May Like To Read
MORE NEWS
AMG Metals & Materials and Rio Tinto have signed an MoU to explore a 1 million tonne...
Indian shrimp exporters face challenges as the US reviews anti-dumping duties. They...
EaseMyTrip has denied any association with the Mahadev betting app, following ED...
Gold prices surged for the second day, reaching a new all-time high of Rs 95,935 per 10...
Prestige Estates reported a 48% rise in Q4 sales bookings, reaching Rs 7,000 crore....
IDFC First Bank's board approves a Rs 7,500 crore fund raise through preferential share...
Gensol Engineering stock plunged to its lowest ever on Thursday after Sebi barred the...
Hero MotoCorp suspends production at four plants from April 17-19 for supply alignment...
Arun Menon, independent director of Gensol Engineering, has resigned citing concerns...
Wipro shares tanked over 6% after the company predicted a 1.5-3.5% drop in IT services...