New Launch7 Jan 2026, 01:16 pm
REC Ltd Subsidiary, Munak Power Transmission Limited, Incorporated for Creation of 400 kV Substation and Transmission Lines
AI Summary
REC Ltd has informed about the incorporation of its new wholly owned subsidiary, Munak Power Transmission Limited. The new company has been incorporated for the creation of a 400 kV substation and its associated transmission lines for evacuation of 800 MW power from DCRTPP, Yamunanagar. REC Power Development and Consultancy Limited (RECPDCL) has been appointed as the Bid Process Coordinator (BPC) for the selection of the bidder. The new company is a related party of REC Limited, but the promoter, promoter group/group companies do not have any interest in it except to the extent of its shareholding.
Key Highlights
- REC Ltd has incorporated a new wholly owned subsidiary, Munak Power Transmission Limited
- Munak Power Transmission Limited is incorporated for the creation of a 400 kV substation and its associated transmission lines
- The substation and transmission lines are for evacuation of 800 MW power from DCRTPP, Yamunanagar
- REC Power Development and Consultancy Limited (RECPDCL) has been appointed as the Bid Process Coordinator (BPC) for the selection of the bidder
- Munak Power Transmission Limited is a related party of REC Limited, but the promoter, promoter group/group companies do not have any interest in it except to the extent of its shareholding