REC’s subsidiary RECPDCL hands over ‘KPS1 Transmission Ltd’ to M/s Megha Engineering
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the NBFC Maharatna CPSU under the aegis of the Ministry of Power, handed over the project-specific Special Purpose Vehicle (SPV).

REC’s subsidiary RECPDCL hands over ‘KPS1 Transmission Ltd’ to M/s Megha Engineering
NEW DELHI- REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the NBFC Maharatna CPSU under the aegis of the Ministry of Power, handed over the project-specific Special Purpose Vehicle (SPV), formed for the construction of Transmission Project viz., ‘KPS1 Transmission Limited to M/s Megha Engineering & Infrastructures Ltd. on 20th April 2023.
M/s Megha Engineering & Infrastructures Ltd. has been the successful bidder of the Inter-State Transmission Project of the Ministry of Power, Government of India and RECPDCL was the Bid Process Coordinator.
Read Also : PSU CSR: NCL to develop public toilets complex along with Sulabh InternationalThe SPV has been handed over by Shri Rahul Dwivedi, IAS, CEO, RECPDCL to Shri Pravin Sharad Dixit, Vice President, M/s Megha Engineering & Infrastructures Ltd. in the presence of Shri P.S. Hariharan, CGM, RECPDCL; Smt. Chandrakala, Company Secretary, MEIL; Shri Deepak Krishnan, Manager, CTUIL and other senior officials of RECPDCL, MEIL & CTUIL.
The selection of M/s Megha Engineering & Infrastructures Ltd. was carried out through Tariff Based Competitive Bidding (TBCB) for the selection of a Transmission Service Provider in line with the Standard Bidding Documents and Guidelines thereof as notified by the Ministry of Power, Government of India.
Read Also : Abhai Raj Singh Bhandari took over as ED of BPCL's Kochi RefineryThe work involves implementation of KPS1-Khavda PS GIS (KPS2) 765 kV double circuit line & augmentation of Khavda PS1. The project for implementation is targeted in 21 months.
With the handing over of the above SPV, RECPDCL successfully handed over 52 transmission projects till now costing around Rs. 70,974 crores.
Read Also : Shri Ashwini Vaishnaw chaired meeting of Consultative Committee for Ministry of RailwaysNews Must Read
- Abhai Raj Singh Bhandari took over as ED of BPCL's Kochi Refinery
- PFC bids farewell to Shri R.S. Dhillon, CMD
- CIL increased non-coking coal prices by 8%; expects Rs 2703 Cr Revenue
- Coal Minister Pralhad Joshi reviewed NCL's performance
- NMDC delayed commissioning of its newly demerged steel plant
- Power ‘Mini Ratna’ NHPC reports Net Profit up by 8% of Rs 3834 cr during FY23
- Salim G. Purushothaman assumed additional charge of CMD, BCL
- Union Coal Minister Pralhad Joshi inaugurates 1st Mining Start Up Summit at IIT Bombay
- MOIL double its digit production target in FY’24; Reports 250.59 cr profit in FY23
- ISRO launches GSLV NVS-01 mission