RECPDCL, a subsidiary of REC Ltd, has handed over a project specific SPV to Apraava Energy for the Rajasthan Renewable Energy Zone Ph-IV transmission project.
New Delhi, Aug 21 (PTI) State-owned REC Ltd on Wednesday said its arm RECPDCL has handed over a project specific Special Purpose Vehicle to Apraava Energy.
The project will facilitate evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex), REC said in a statement.
Apraava Energy Pvt Ltd (AEPL) has emerged as the transmission service provider through tariff-based competitive bidding conducted by RECPDCL, the bid process coordinator.
The transmission project will be constructed on Build, Own, Operate & Transfer (BOOT) basis.
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