REC arm hands over Rs 839.55 crore Luhri power transmission project SPV to Terralight Solar Energy

New Delhi: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Luhri Power Transmission Limited, a project-specific special purpose vehicle (SPV), to Terralight Solar Energy Tinwari Private Limited for development of an inter-state power transmission project in Himachal Pradesh.

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The SPV was handed over to the successful bidder on August 21, following the completion of the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator.

Terralight Solar Energy Tinwari Private Limited emerged as the successful bidder for establishing the “Transmission System for Evacuation of Power from Sunni Dam HEP and Luhri Stage-I HEP” on a Build, Own, Operate and Transfer (BOOT) basis.

Rajkumar Sonkar, HoD (CS), RECPDCL, handed over the SPV to Nitin Mahajan, General Manager (Bidding), Terralight Solar Energy Tinwari Private Limited, in the presence of Ratnesh Kumar, General Manager (Engineering), RECPDCL, and senior officials from RECPDCL, Terralight Solar Energy Tinwari Private Limited and Central Transmission Utility of India Limited.

The transmission project envisages the establishment of a 400/220 kV GIS Nange Pooling Station in Himachal Pradesh, along with a 400 kV Nange Pooling Station–Koldam double-circuit transmission line spanning around 50 km and other associated works.

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The project is estimated to cost Rs 839.55 crore and is scheduled for commissioning by October 15, 2029, in line with the commissioning schedule of the Sunni Dam Hydroelectric Project (SDHEP) and Luhri Stage-I Hydroelectric Project (LHEP-I).

The project is aimed at strengthening the transmission infrastructure required for evacuation of power from the upcoming hydroelectric generation projects in Himachal Pradesh.

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