New Delhi, Jul 30 (PTI) REC Power Development and Consultancy Limited (RECPDCL) has handed over a project-specific SPV to Techno Electric & Engineering Company Limited.

The special purpose vehicle (SPV) namely NERGS-I Power Transmission has been formed for the establishment of a new 400 kV switching station at Bokajanand New Mariani 400 kV D/c line at Bokajan in Assam, a statement said.

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Techno Electric & Engineering Company emerged as the transmission service provider (TSP) for the scheme through a tariff-based competitive bidding (TBCB) process conducted by RECPDCL, the bid process coordinator.

The SPV was handed over by RECPDCL CEO TSC Bosh to Dinesh Parikh, General Manager (Commercial), Techno Electric & Engineering Company Limited in the presence of senior officials of RECPDCL, Central Transmission Utility (CTU) of India Limited and Techno Electric & Engineering Company Limited.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)