Latest Markets Business BEEPS Earnings Personal Finance

REC Sets Up Subsidiary In Madhya Pradesh For Renewable Energy Power Evacuation

The company has been incorporated as a Transmission System for the Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III.

PTI

Rajgarh III Power Transmission Ltd is a related party of REC Ltd.

REC Ltd. office (Source: Company website)

State-owned REC on Wednesday said it has formed a subsidiary for the evacuation of power from renewable energy projects in Madhya Pradesh.

Rajgarh III Power Transmission Lte has been incorporated as a wholly-owned subsidiary of its wholly-owned arm REC Power Development and Consultancy Ltd on Wednesday, REC said in an exchange filing.

Rajgarh III Power Transmission Ltd is a related party of REC Ltd.

The promoter, promoter group/ group companies do not have any interest in the new entity, except to the extent of its shareholding.

The company has been incorporated as a Transmission System for the Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III.

"After selection of the successful bidder in accordance with the Tariff Based Competitive Bidding guidelines, the company would be transferred to the successful bidder, along with all assets and liabilities," it said.

Also Read: Buy, Sell, Or Hold: DLF, Zen Technologies, Metro Brands, GAIL, REC, RailTel —Ask Profit

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

Jaishankar At UNGA: Pakistan Linked To Major Terror Attacks, Pahalgam Most Recent Example

  • chevron-double-right External Affairs Minister Jaishankar described Pakistan as a 'terrorism epicentre' at the UN General Assembly.
  • chevron-double-right The most recent example of 'cross-border barbarism' was the murder of innocent tourists in Pahalgam, he said.
  • chevron-double-right Operation Sindoor brought to justice the organisers and perpetrators of Pahalgam attack, the minister added.
More Beeps chevron-right

RECOMMENDED FOR YOU

BHEL Gets DIPAM Thumbs Down For JV Plan With REC Power Arm
timelogo Sep 25, 2025
Adani Power's Capacity Doubles In Madhya Pradesh After Greenshoe Option
timelogo Sep 11, 2025
Ganesh Idol Immersion: Seven Die In Maharashtra, Madhya Pradesh
timelogo Sep 08, 2025
Adani Power Receives LoA For 800 MW Thermal Power Plant In Madhya Pradesh
timelogo Aug 30, 2025

POPULAR

1
Stampede At Actor-Politician Vijay's Rally In Karur Leaves 38 Dead; PM Modi, CM Stalin React
2
Jaishankar At UNGA: Pakistan Linked To Major Terror Attacks, Pahalgam Most Recent Example
3
FHRAI Seeks Restoration Of Input Tax Credit On Room Tariffs Up To Rs 7,500
4
India To Host World Seafood Congress For The First Time In 2026
5
India's Cold Desert Biosphere Reserve Designated By UNESCO
Google Badge