In a significant stride towards enhancing the power transmission infrastructure in Uttar Pradesh, REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of the esteemed Maharatna CPSU, REC Limited, under the Ministry of Power, has successfully transferred its project-specific Special Purpose Vehicle (SPV) to Megha Engineering & Infrastructures Limited (MEIL).
This transfer involves the SPV, Meerut Shamli Power Transmission Limited, which has been entrusted with the pivotal project of constructing the Meerut (765 kV) – Shamli 400 kV double circuit line. This strategic handover marks the culmination of a rigorous Tariff-based Competitive Bidding (TBCB) process overseen by RECPDCL, underscoring its commitment to transparent and efficient project execution.
MEIL, having demonstrated its capability and expertise, emerged as the successful bidder, signifying its role in bolstering the state’s intra-state transmission capabilities. The formalities of the transfer were conducted in the presence of Satybaan Sahoo, General Manager (Engineering) of RECPDCL, along with other dignitaries from RECPDCL and Uttar Pradesh Power Transmission Corporation Limited (UPPTCL).
This transition not only highlights the collaborative efforts of various stakeholders but also aligns with the Government of Uttar Pradesh’s objectives to enhance the reliability and efficiency of its power transmission network, thus setting a benchmark for future endeavors in the sector.
Embarking on this project marks a significant stride toward addressing the escalating electricity needs of the region, thus guaranteeing a dependable and eco-friendly power provision. This initiative aligns with the overarching objectives of enhancing the country’s power infrastructure, thereby bolstering India’s pursuit of energy self-sufficiency and economic resilience.
REC Power Development and Consultancy Limited (RECPDCL) is a leading public sector undertaking under the Ministry of Power, Government of India. Established in 2008, RECPDCL plays a pivotal role in the development of the power sector by providing consultancy services for power projects in India and abroad.
RECPDCL specializes in offering end-to-end services in project development, including project management, engineering, procurement, and construction management. The company is committed to promoting sustainable development through the implementation of innovative and eco-friendly solutions.
With a strong focus on customer satisfaction and quality services, RECPDCL has successfully executed numerous projects across various segments of the power sector. The company’s expertise and experience make it a trusted partner for governments, utilities, and private sector clients seeking reliable and efficient power solutions.