Published On:June 11 2011
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REC to invest Rs.1300 Cr on transmission projects in AP
Rural Electrification Corp plans Rs.1300 Cr project for laying transmission system in Andhra Pradesh.
REC has invited technical bids from domestic and international developers to award Rs 1,300 crore contract.
The contract involves laying two high capacity transmission lines of 250 km length each for connecting various independent power stations in Vemagiri to Hyderabad.
Rural Electrification Corp would conduct bidding for the build, own, operate and maintain contract. Last date for submission of technical bids is June 14, 2011.
The government has identified four more such high capacity transmission systems to be awarded to private companies. Power Finance Corp and Rural Electrification Corp would conduct bidding for the projects.
The government have so far awarded six such projects worth Rs 10,860 crore pertaining mainly to strengthening of interconnection between north and western region.