REC Hands Over ERES-XXXIX Power Transmission to Tata Power
REC Ltd's subsidiary, REC Power Development Consultancy, has handed over ERES-XXXIX Power Transmission Ltd to Tata Power Company Ltd. The project is targeted for implementation by December 2027.
Photograph: Courtesy Power Grid Corporation
New Delhi, Nov 14 (PTI) State-owned REC Ltd on Thursday said its arm REC Power Development Consultancy has handed over a project-specific special purpose vehicle (SPV), ERES-XXXIX Power Transmission Ltd, to Tata Power Company Ltd.
Tata Power Company Ltd emerged as the transmission service provider through a tariff-based competitive bidding process conducted by RECPDCL, the bid process coordinator, for development of the transmission project on a Build, Own, Operate & Transfer (BOOT) basis, REC said in a statement.
According to the statement, REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC Ltd, handed over project-specific SPV ERES-XXXIX Power Transmission Ltd to Tata Power Company on Thursday.
The project is targeted for implementation by December 2027.
Tata Power Company Ltd emerged as the transmission service provider through a tariff-based competitive bidding process conducted by RECPDCL, the bid process coordinator, for development of the transmission project on a Build, Own, Operate & Transfer (BOOT) basis, REC said in a statement.
According to the statement, REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC Ltd, handed over project-specific SPV ERES-XXXIX Power Transmission Ltd to Tata Power Company on Thursday.
The project is targeted for implementation by December 2027.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.23 (+ 3.58)
- 92239245
- Murae Organisor
- 1.55 (+ 4.73)
- 62369558
- G V Films
- 0.36 ( -7.69)
- 50653336
- Standard Capital
- 0.39 ( 0.00)
- 45381736
- Harshil Agrotech
- 2.22 (+ 2.78)
- 37346040
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback