Sakoli

Ashoka Buildcon acquires Sakoli intrastate-TBCB scheme in Maharashtra, enters development space

Ashoka Buildcon has formally acquired the project SPV associated with the Sakoli intrastate transmission system (InSTS) scheme in Maharashtra, which it won under the tariff-based competitive bidding (TBCB) route. The project SPV “Sakoli Power Transmission Ltd” was acquired from Read more

Eight in race for Sakoli intrastate-TBCB scheme in Maharashtra

Eight contenders are in the race for the Sakoli intrastate scheme in Maharashtra under the tariff-based competitive bidding (TBCB) model. It is reliably learnt that bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has prequalified eight entities, Read more

RECPDCL forms two SPVs for intrastate schemes in Maharashtra

REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated two wholly-owned subsidiaries that will act as project special purpose vehicles for as many intrastate schemes in Maharashtra. The two entities, incorporated on July 7, 2025, are Umred Power Read more