| Tata Power Company has received a Letter of Intent (LOI) from REC Power Development and Consultancy , a wholly owned subsidiary of REC, for the acquisition of Jejuri Hinjewadi Power Transmission, a project special purpose vehicle (SPV). <p> The Project SPV, Jejuri Hinjewadi Power Transmission, will be developed on a Build-Own-Operate Transfer basis to provide transmission services for 35 years from the Scheduled Commercial Operation Date (SCOD), set 24 months after the SPV transfer. <p> The project includes construction and commissioning 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. <p> The annual transmission charges are Rs 155.78 crore. |