RECPDCL Hands Over Musalgaon Power Transmission Ltd to Maharashtra Electricity Transmission Company

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Musalgaon Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Maharashtra State Electricity Transmission Company Limited, on 9 September.

Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.

The SPV was handed over by Ratnesh Kumar, General Manager (Engg.), RECPDCL, to Amit R Naik, Chief Engineer (TBCB), Maharashtra Electricity Transmission Company, in the presence of senior officials from Maharashtra Electricity Transmission Company, Maharashtra STU, and RECPDCL.

The transmission project broadly envisages establishment of a 220/132/33 kV AIS substation at Musalgaon, 220 kV D/c line of around 111 km from Musalgaon to Babhaleshwar (existing) & Raymond (existing) and 132 kV D/c line of around 13 km from Musalgaon to Sinner (existing) along with associated works. The implementation schedule of project is 12 months at an estimated cost of Rs 560 crores.