REC Power Development and Consultancy Limited (RECPDCL)

Stories

POWERGRID wins HVDC project to move 6 GW of Rajasthan solar power

Ran the TBCB auction that POWERGRID won; transferred the project company to POWERGRID on September 23, 2026

Power Grid Corporation of India has placed the main equipment orders for its 6-gigawatt solar line. GE Vernova T&D India holds a Letter of Award dated November 3, 2026, for the high-voltage direct current (HVDC) converter stations at Barmer-II and South Kalamb.

Updated 4 days ago

Power Grid acquires Lakadia II transmission SPV for 7,500 MW Gujarat renewables

Built World

Handed over Lakadia II SPV to PGCIL

Power Grid Corporation of India now owns all of Lakadia II Power Transmission Limited, the company building a 7,500-megawatt transmission link for Gujarat's Lakadia renewable energy zone. The state-run utility paid about Rs 18.43 crore for the project company, and its winning bid set annual transmission charges at Rs 1,152.49 crore, pending approval by the Central Electricity Regulatory Commission.

Updated Oct 29