REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, handed over the project specific SPV formed for construction of Transmission Project viz.,‘WR SR Power Transmission Limited to M/s Adani Transmission Limited(ATL), informed REC Ltd on Monday.
The SPV has been handed over by Shri Rahul Dwivedi, IAS, CEO, RECPDCL to Bhupendra Singh, DGM and lead, business development from M/s Adani Transmission Limited.
The work involves implementation of 765 kV double circuit line from Narendra (New) to Pune GIS substation.
REC Limited, formerly Rural Electrification Corporation Limited is a subsidiary of Power Finance Corporation Limited which in turn is under the ownership of the Ministry of Power, Government of India. It finances and promotes power projects across India.