Tata Power gets LoI to develop Jalpura Khurja power transmission project
Tata Power on Friday said it has received a letter of intent from REC Power Development and Consultancy to develop the Jalpura Khurja Power Transmission project at an estimated cost of Rs 838 crore.
In an exchange filing, Tata Power said, “It has received a letter of intent (LoI) from REC Power Development and Consultancy Ltd (RECPDCL) — a wholly-owned subsidiary of REC Ltd — to acquire Jalpura Khurja Power Transmission Limited, a project special purpose vehicle”.
The estimated cost of the project is Rs 838 crore, Tata Power said.
