AJMER PHAGI TRANSCO LIMITED is a project specific SPV, incorporated on 12th March, 2019 as a wholly owned subsidiary of REC Transmission Projects Company Limited.
M/s Power Grid Corporation of India Limited had emerged as the lowest bidder with the levelized tariff of Rs. 613.31 Million per annum. The SPV was transferred to M/s Power Grid Corporation of India Limited on 03.10.2019.
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