Acquisitions11 Dec 2025, 04:04 pm
Tata Power Company Ltd Receives LOI from REC Power Development for Jejuri Hinjewadi Power Transmission Project
AI Summary
Tata Power Company Ltd has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, for the acquisition of Jejuri Hinjewadi Power Transmission Limited. The project will be developed on a Build-Own-Operate Transfer basis for a period of 35 years from the Scheduled Commercial Operation Date (SCOD), which is set 24 months after the SPV transfer. The project includes the construction of approximately 115 km of 400 kV double-circuit (D/c) line between Jejuri and Hinjewadi and extension of 400 kV GIS line bays at substations in both locations. The annual transmission charges for the project are INR 155.78 crore.
Key Highlights
- Tata Power Company Ltd receives LOI from REC Power Development for Jejuri Hinjewadi Power Transmission Project
- Project to be developed on Build-Own-Operate Transfer basis for 35 years from SCOD
- Includes construction of approximately 115 km of 400 kV double-circuit line and extension of 400 kV GIS line bays at substations
- Annual transmission charges set at INR 155.78 crore