RECPDCL Hands Over Ranipur Chunar Power Transmission Ltd, a SPV of Intra State Transmission Project of Uttar Pradesh, to H G Infra Engineering Ltd
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Ranipur Chunar Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s H G Infra Engineering Limited, on 26th September 2026. M/s H G Infra Engineering Limited emerged as the successful…
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, transferred Ranipur Chunar Power Transmission Limited, an intra-state transmission project SPV, to H G Infra Engineering Ltd on September 26, 2026. The successful bidder was chosen through a Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL.
The SPV was developed for the construction of 220/132/33 kV AIS substations in Ranipur (Mau) and Chunar (Mirzapur), along with a 220 kV DC line from Rasra to Ranipur and other associated works. The project is expected to be completed in 18 months. The handover was conducted by Rajesh Raj, Sr. GM & HoD of RECPDCL, to Ujjval Verma, CGM (Finance) of H G Infra Engineering Ltd, in the presence of other senior officials from both companies and Uttar Pradesh Power Transmission Corporation Limited.
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