Ashoka Buildcon Limited has secured a letter of intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL) under the tariff-based competitive bidding (TBCB) route, for establishing the 400/220/132 kV air-insulated substation at Sakoli in Bhandara district, Maharashtra.
The project entails an annual transmission charge of Rs 1,265.37 million for a period of 35 years. It is scheduled to be completed within 24 months, followed by an operation and maintenance period of 35 years.
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