NSEBagging/Receiving of orders/contracts19 Jun 2026 · 19 Jun 2026, 10:51 am
Bagging/Receiving of orders/contracts
Tata Power Company Limited · TATAPOWER
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Tata Power Company Limited has announced it received a Letter of Intent (LOI) for the acquisition of Ryapte Power Transmission Limited. This project special purpose vehicle (SPV) is being acquired from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited. This strategic acquisition signifies Tata Power's continued expansion within the power transmission sector. For investors, this move underscores the company's growth initiatives and potential strengthening of its market position.
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Full Announcement
Tata Power Company Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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VPTPCL_19062026105114_Reg_30_LOI_Ryapte_final.pdf
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June 19, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, 5th Floor
1st Floor, New Trading Ring Plot No. C/1, G Block
Rotunda Bldg., P. J. Towers Bandra-Kurla Complex
Dalal Street, Fort Bandra (East)
Mumbai – 400 001. Mumbai – 400 051.
Scrip Code: 500400 Symbol: TATAPOWER
Dear Sir/Madam,
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, we hereby inform you that the Company has received a Letter of Intent (LOI) from
REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, for the
acquisition of Ryapte Power Transmission Limited, a project special purpose vehicle (SPV).
The details pertaining to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated
January 30, 2026, (‘SEBI Circular’) are provided below -
Sl. Particulars Description
a) Name of the entity awarding the REC Power Development and Consultancy
order(s)/contract(s); Limited
b) Significant terms and conditions of The Project SPV, Ryapte Power
order(s)/contract(s) awarded in brief; Transmission Limited, 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 30 months after the SPV
transfer.
The scope of project involves constructing
approx. 250 km line route comprising 400
kV D/C line, 220 kV D/C line and 220 kV
Underground cable in the following region
i 400 kV D/C line from Ryapte AIS Sub-
station to proposed 400/220 kV
Doddathaggalli GIS S/s,
ii 400 kC D/C line from existing Kolar S/s
to proposed Doddathaggalli GIS S/s
iii 220 kV D/C line from proposed
Doddathaggalli GIS S/s to 220 kV
existing substation of Ekarajapura,
Hosakote and Sarjapura in Karnataka.
iv 220 kV Underground cable from
Doddathaggalli GIS S/s to Ekarajapura,
Hosakote and Sarjapura s/s.
In addition, the project scope includes
(a) Establishing 5x500 MVA, 400/220 kV
S/s at Ryapte in Tumkur District along
with 2x125MVAr 400 kV Bus Reactors
(b) Establishing 3X500 MVA, 400/220kV
GIS sub-station at Doddathaggalli
(Near Hosakote) along with 2x125
MVA, 400 kV Bus Reactors
Major terms and conditions:
SCOD – 30 months from effective date
(SPV transfer).
Transmission Service Agreement period
– 35 years.
c) Whether order(s) / contract(s) have been Domestic Entity
awarded by domestic/ international entity;
d) Nature of order(s) / contract(s); Construction and commissioning of approx.
250 km line route comprising 400 kV D/C
line, 220 kV D/C line and 220 kV
Underground cable and establishing two
green field S/s one at Ryapte, Tumkur
(400/220 kV AIS) and other one at
Doddathaggalli, Hoskote (400/220 kV GIS)
e) Whether domestic or international; Domestic
f) Time period by which the order(s)/contract(s) The award is placed on the Company for a
is to be executed; period of 35 years.
g) Broad consideration or size of the Annual Transmission Charges –
order(s)/contract(s); ₹ 521.07 crore
h) Whether the promoter/ promoter group / Not applicable
group companies have any interest in the
entity that awarded the order(s)/contract(s)? If
yes, nature of interest and details thereof;
i) Whether the order(s)/contract(s) would fall Not applicable
within related party transactions? If yes,
whether the same is done at “arm’s length”.
The above information is being made available on the website of the Company: www.tatapower.com
This is for your information and records.
Yours Sincerely,
For The Tata Power Company Limited
Vispi S. Patel
Company Secretary
FCS 7021