Daily News Wrap-Up: REC Subsidiary Invites Bids to Evacuate 20 GW Renewable Power
Tamil Nadu proposes DSM rules for solar and wind projects
September 15, 2023
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REC Power Development and Consultancy floated a tender to select a transmission service provider through a tariff-based competitive bidding process to establish an inter-state transmission system to evacuate 20 GW of power from renewable energy zones in Rajasthan under Phase -III, Part I. The last date for the submission of bids is October 27, 2023. Bids will be opened on the same day. The scheduled commercial operation date of the project is 42 months from the effective date. The bidder must submit ₹500,000 (~$6,026) as the cost of the tender.