India, Dec. 26 -- Dilip Buildcon Limited has been declared the L-1 (lowest) bidder by REC Power Development and Consultancy Limited (RECPDCL) for the project involving the establishment of a 400 kV sub-station at Mekhali along with associated transmission lines in Belagavi district, Karnataka.
In a regulatory filing, the company said it has been selected as the successful bidder for a 35-year concession period from the Commercial Operation Date (COD). RECPDCL acted as the Bid Process Coordinator on behalf of the Government of Karnataka.
The project entails setting up a 400/220/33 kV AIS sub-station at Mekhali, along with associated 400 kV and 220 kV transmission lines, and will be executed on a Build, Own, Operate and Transfer (BOOT) basi...