Tata Power Secures 35-Year Power Transmission Project from REC Power Development
The project, which will be developed on a Build-Own-Operate Transfer basis, is set to provide transmission service for a span of 35 years, commencing from the Scheduled Date of Commercial Operation (SCOD) on December 31, 2027.
Tata Power Secures 35-Year Power Transmission Project from REC Power Development
The Tata Power Company has announced that it has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for a power transmission project. The Mumbai-based utility firm has been selected to take over ERES-XXXIX Power Transmission Limited, which is a project-specific purpose vehicle (SPV).
The project, which will be developed on a Build-Own-Operate Transfer basis, is set to provide transmission service for a span of 35 years, commencing from the Scheduled Date of Commercial Operation (SCOD) on December 31, 2027. The annual transmission charge is Rs 289.729 crores.
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The project’s scope includes the construction of a 2 x 1500 mega volt-amperes, 765/ 400 kV kilovolt GIS substation at Gopalpur with associated bays at Angul and Gopalpur, a 190 km of 765-kilovolt double circuit transmission line from the existing Angul substation of PGCIL to the proposed 765 kilovolt GIS substation at Gopalpur, and a 12 km of 400-kilovolt line from the upcoming OPTCL substation at Gopalpur to the proposed 765 kilovolt GIS substation at Gopalpur.
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