Tata Power Company has received Letter of Intent (LoI) from REC Power Development and Consultancy (a wholly owned subsidiary of REC) to acquire ERES-XXXIX Power Transmission (ERES-XXXIX), a project special purpose vehicle (SPV). The Project SPV ERES-XXXIX would be developed on Build-Own-Operate Transfer basis, to provide transmission service for 35 years from the Scheduled Date of Commercial Operation (SCOD) on December 31, 2027.
The scope of project involves constructing 2 x 1500 MVA, 765/ 400 kV GIS substation at Gopalpur with associated bays at Angul and Gopalpur (OPTCL), around 190 km of 765 kV double circuit transmission line from existing Angul substation of PGCIL to the proposed 765 kV GIS substation at Gopalpur and around 12 km of 400 kV line from upcoming OPTCL substation at Gopalpur to the proposed 765 kV GIS substation at Gopalpur.
Tata Power Company is India’s largest integrated power company.
