New Delhi: REC Power Development and Consultancy Limited (RECPDCL) has handed over Nawada Durgapur Power Transmission Limited, a project-specific special purpose vehicle (SPV), to Shivalaya Construction Limited for the development of an inter-state power transmission project.

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The SPV was handed over on October 16, following Shivalaya Construction Limited's selection as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, which served as the bid process coordinator.

The project, titled “ERES-47: Nawada–Durgapur–Jeerat (New) 765 kV Corridor,” will be developed on a Build, Own, Operate and Transfer (BOOT) basis.

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The handover was carried out by Rajkumar Sonkar, Head of Department (CS), RECPDCL, to Rajesh Kumar Singh, Head (Power and Transmission), Shivalaya Construction Limited, in the presence of senior officials from RECPDCL, Shivalaya Construction Limited and Central Transmission Utility of India Limited.

The project envisages the establishment of a new 765/400/220 kV substation at Nawada in Bihar and a new 765 kV switching station at Durgapur in West Bengal. It also includes the development of a 765 kV double-circuit transmission line spanning approximately 265 km between Nawada and Durgapur, and another line of approximately 145 km between Durgapur and Jeerat, along with associated infrastructure and works.

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