TATAPOWER : ACQUIRES RYAPTE POWER TRANSMISSION LTD FROM REC

• TATA POWER's wholly owned subsidiary received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited for the acquisition of Ryapte Power Transmission Limited • The project SPV will be developed on a Build-Own-Operate-Transfer basis for 35 years from the Scheduled Commercial Operation Date (SCOD) • Scope includes constructing approx. 250 km line route comprising 400 kV D/C line, 220 kV D/C line and 220 kV Underground cable • Also includes establishing 5x500 MVA, 400/220 kV S/s at Ryapte and 3X500 MVA, 400/220kV GIS sub-station at Doddathaggalli • Major terms include SCOD 30 months from effective date (SPV transfer) and a 35-year Transmission Service Agreement period • The award is placed on the Company for a period of 35 years, with annual transmission charges of ₹521.07 crore

Tata Power Company Limited

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