Tata Power Awarded Large Transmission Project by REC, Involving 250 km Line Route Development
Tata Power Company Ltd has been granted a significant project related to the transmission services in Karnataka, following an award from REC Power Development and Consultancy Limited. The project involves building and operating the Ryapte Power Transmission Limited, a specialized project special purpose vehicle (SPV).The initiative entails the construction and commissioning of approximately 250 km of critical line route infrastructure, including both D/C and Underground cable lines. This development is set to establish crucial power substations in the region.
REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, awarded the project. The scope covers establishing two green field substations: one at Ryapte in Tumkur District (400/220 kV AIS) and another at Doddathaggalli, Hosakote (400/220 kV GIS).
Project Details and Timeline
The project outlines a Build-Own-Operate Transfer model for providing transmission services. The Scheduled Commercial Operation Date (SCOD) is set thirty months after the SPV transfer. The Transmission Service Agreement period is 35 years.Key components of the project include:
- Line Construction: Constructing approx. 250 km of line route, which encompasses 400 kV D/C line, 220 kV D/C line, and 220 kV Underground cable. This includes the route from Ryapte AIS Sub-station to proposed 400/220 kV Doddathaggalli GIS S/s, along with connecting lines near Kolar and Ekarajapura.
- Substation Establishment: Establishing a 5x500 MVA, 400/220 kV S/s at Ryapte in Tumkur District (alongside 2x125MVAr 400 kV Bus Reactors) and a 3X500 MVA, 400/220kV GIS sub-station at Doddathaggalli near Hosakote (alongside 2x125 MVA, 400 kV Bus Reactors).
The Annual Transmission Charges for this project have been set at ₹ 521.07 crore. The award grants the company a service period of 35 years.
Details regarding the awarded contract are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | REC Power Development and Consultancy Limited |
| Nature of Project | Construction and commissioning of approx. 250 km line route and establishing two green field substations (Ryapte & Doddathaggalli). |
| Service Model | Build-Own-Operate Transfer |
| SCOD Timeline | 30 months from SPV transfer |
| Agreement Period | 35 years |
| Annual Charges | ₹ 521.07 crore |
TATAPOWER Stock Price Movement
As of 10:54 AM, Tata Power Company Limited shares are edging lower to ₹402.35, having shed ₹0.55 or 0.14% in live trading. The stock has seen robust activity throughout the session, with over 609,212 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.