RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore

CEO

04.01.2024 - 16:44

Reading now: 106

economictimes.indiatimes.com:

REC Power Development and Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC, has inked an initial pact with the Gujarat government for implementing smart metering projects worth Rs 2,094.28 crore. The project is to be implemented in Paschim Gujarat Vij Company Ltd (PGVCL) under the first phase of the Revamped Distribution Sector Scheme (RDSS).

PGVCL comes under Gujarat Urja Vikas Nigam Ltd (GUVNL).
According to a statement, an Memorandum of Understanding (MoU) was signed by GUVNL MD Jai Prakash Shivahare and RECPDCL CEO Rajesh Kumar Gupta in the presence of Gujarat Chief Minister Bhupendra Patel.

The MoU was signed ahead of the Vibrant Gujarat Summit 2024.
The Gujarat government is set to facilitate RECPDCL in obtaining necessary permissions and clearances for their upcoming projects in the state.

Read more on economictimes.indiatimes.com

All news from economictimes.indiatimes.com

About this in other media

Homegrown Tiger Logistics, Bangladesh-based Sikder Group ink initial pact to increase trade economictimes.indiatimes.com /9 months ago

IndoSpace inks pact with Maharashtra govt to acquire 100 acres in Pune’s Chakan-Talegaon economictimes.indiatimes.com /9 months ago

Centre creates new SFC posts; clears thermal power projects worth ₹21,547 crore livemint.com /9 months ago

The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.