Reliance Energy (REL), an Anil Dhirubhai Ambani Group company, has bagged two contracts worth about Rs 1,200 crore for the execution of 400 KV extra high voltage transmission systems. The company said the contracts were bagged by its engineering, procurement and construction (EPC) division.The contracts were awarded by two independent private transmission companies that are 100% owned by Reliance Power Transmission.The contracts are for two projects - Western Region System Strengthening Scheme (WRSSS) Project B covering about 1,000 km in Maharashtra and WRSSS Project C spread around 500 km in Gujarat.The company has also applied for obtaining two separate transmission licences from Central Electricity Regulatory Commission.