State-owned REC Ltd. on Wednesday said its arm REC Power Development and Consultancy Ltd. has handed over a project specific Special Purpose Vehicle to Apraava Energy Pvt Ltd.
The project will facilitate evacuation of power from Rajasthan Renewable Energy Zone Phase-IV (Jaisalmer/Barmer Complex), REC said in a statement.
Apraava Energy has emerged as the transmission service provider through tariff-based competitive bidding conducted by RECPDCL, the bid process coordinator.
The transmission project will be constructed on Build, Own, Operate & Transfer basis.
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