Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) completed the formal handover of project SPV “Davanagere Power Transmission Ltd,” housing an interstate transmission system (ISTS) scheme, to Power Grid Corporation of India Ltd (PGCIL), on September 24, 2025.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has recently shortlisted six bidders for opening of initial prices bids for an ISTS scheme aiming at strengthening interregional transfer between the Southern Region (SR) and Western Region (WR) grids.
Union Minister of Power, Manohar Lal, chaired the 5th meeting with Group of Ministers constituted for addressing the issues related to viability of electricity distribution utilities in New Delhi, on September 16, 2025. The Group of Ministers reiterated their commitment, to take necessary measures for improving the financial viability of distribution utilities.