In Short : REC Power Development and Consultancy Limited (RECPDCL) has transferred the Davanagere Power Transmission SPV to Power Grid Corporation of India (POWERGRID) after it emerged as the top bidder in a Tariff-Based Competitive Bidding process. Valued at ₹366.26 crore, the project involves installing new transformers and 220 kV line bays, enhancing regional transmission […]