Deals19 Jun 2026, 10:45 am
Tata Power Bags ₹521 Cr Annual Transmission Contract
AI Summary
Tata Power Company Ltd has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for the acquisition of Ryapte Power Transmission Limited. The project involves constructing approximately 250 km of transmission lines and two substations on a Build-Own-Operate-Transfer basis for 35 years. The annual transmission charges are valued at ₹521.07 crore. This significant contract underscores Tata Power's expanding role in the power transmission sector.
Key Highlights
- Secured LOI for Ryapte Power Transmission project.
- Contract duration is 35 years from SCOD.
- Annual Transmission Charges valued at ₹521.07 crore.
- Project involves 250 km of transmission lines and two substations.
- Acquisition is on a Build-Own-Operate-Transfer basis.
Price Impact
More from TATAPOWER