REC hands over Vemagiri Transmission project SPV to PGCIL
April 24, 2012 REC Transmission Projects Co Ltd has handed over Vemagiri Transmission System project specific special purpose vehicle to Power Grid Corporation of India Ltd (PGCIL) that quoted lowest bid to bag the Rs 1,300 crore contract. PGCIL quoted a levelised tariff of Rs. 119.7 crore per annum for......