REC Ltd Incorporates Wholly Owned Subsidiary Kesurdi Power Transmission

REC Limited has announced the incorporation of its wholly-owned subsidiary, Kesurdi Power Transmission Limited (CIN: U42202DL2026GOI468443). This new entity is a subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which is itself a wholly-owned subsidiary of REC Limited. Kesurdi Power Transmission Limited was incorporated on July 14, 2026, following a Government of Maharashtra notification appointing RECPDCL as the Bid Process Coordinator for establishing a 220 kV GIS Kesurdi project. The subsidiary has an authorized and paid-up capital of ₹5,00,000/-. It is intended that this company will be transferred to the successful bidder selected through the Tariff Based Competitive Bidding process. The incorporation is for the establishment of the 220 kV GIS Kesurdi project.