Cabinet approves PM-eBus Sewa-Payment Security Mechanism scheme (See 'Corp Brief') Cabinet okays Budgetary Support for enabling Infrastructure for Hydro Electric Projects (See 'Corp Brief') Indian Stamp Act -Arbitration award not duly stamped cannot be admitted as piece of evidence in trial court proceedings: HC (See 'Legal Desk') MNRE announces 4th Global Investment Meet & Expo (See 'Corp Brief') Steps taken to kayak towards paperless legislative environment: Rijiju (See 'Corp Brief') Arbitration Act,1996-Existence of arbitration clause in security deed cannot be disputed as per section 11(6): HC (See 'Legal Desk') NITI Aayog Hosts National Seminar on 'Sustainable Rural Livelihoods' (See 'Corp Brief') QCI approves National Test House, Ghaziabad, as Certification Body for drones (See 'Corp Brief') Companies Act- Section 446(1) of CompaniesAct,1956 can permit applicants to proceed with execution proceedings: HC (See 'Legal Desk') BRICS Labour & Employment Ministerial Declaration adopted (See 'Corp Brief') Second regional program to focus on Digital Public Infrastructure (See 'Corp Brief') Companies Act,2013- Failure to exercise due diligence and being grossly negligent in conduct of professional duties is illegal: NFRA (See 'Legal Desk') Coal Ministry conducts Mid-Year Review Meeting of Coal PSUs' CSR Activities (See 'Corp Brief') PM to inaugurate Global RE-INVEST at Gandhi Nagar (See 'Corp Brief') IBC-Existing criminal liability of Company and its erstwhile Directors will not get extinguished in view of resolution plan approved by NCLT: HC (See 'Legal Desk') Army & IAF ink MoU with Gati Shakti Vishwavidyalaya to enhance skills in logistics (See 'Corp Brief') IEPFA organised 'Niveshak Mashal' annual half marathon to promote financial literacy (See 'Corp Brief') Constitution of India-Constituional court exercising its powers of judicial review under Article 226 should not interfere when there is alternate and efficacious remedy available within agreement itself: HC (See 'Legal Desk') Health Ministry releases 'Health Dynamics of India Infrastructure & HRs report (See 'Corp Brief') FERA-Law prescribing special procedure for investigation of breaches of foreign exchange regulations will not be hit by Article 14 as it was based on classification which had just and reasonable relation to object of legislation: HC (See 'Legal Desk') BRICS Employment Working Group Meeting 2024 Convened in Sochi, Russia (See 'Corp Brief') DG RPF leads Tribute to Police Martyrs at Hot Springs memorial, Ladakh (See 'Corp Brief') Negotiable Instruments Act- Independent directors cannot be made vicarioulsy liable for incriminating act committed by company: HC (See 'Legal Desk')

Print

RECPDCL hands over Rajasthan Power Transmission to M/s Apraava Energy

Published: Aug 23, 2024

By TIOLCorplaws News Service

NEW DELHI, AUG 23, 2024: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle). viz, Rajasthan IV-A Power Transmission Limited to M/s Apraava Energy Private Limited (AEPL). The project will facilitate evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex).

M/s Apraava Energy Private Limited (AEPL) emerged as the Transmission Service Provider (TSP) through Tariff-based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the above transmission project on Build, Own, Operate & Transfer (BOOT) basis.

The project covers construction of 765/400 kV, 4x1500 MVA & 400/220 kV, 5x500 MVA Pooling Station at Fategarh -IV, 184.56 Kms of 400 kV line and associated works.

The SPV was handed over by T.S.C. Bosh, CEO, RECPDCL to Mr. Naveen Munjal, Director (BD), AEPL in the presence of Senior Officials of RECPDCL, AEPL and Central Transmission Utility of India Limited. The project is targeted for implementation in 2 years.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.