MoneyWorks4Me

REC's arm incorporates 3 transmission SPVs as subsidiaries

03 Dec 2015 Evaluate

REC Transmission Projects, subsidiary of Rural Electrification Corporation (REC) has incorporated three project specific Special Purpose Vehicles (SPVs) as its subsidiaries.

The three SPVs are -- North Karanpura Transco, Khargone Transmission and Dinchang Transmission.

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.

Peers
Company Name CMP
Power Finance Corpn. 344.40
REC 308.00
NHIT 171.00
Satin Creditcare Net 214.80
IFCI 76.96
View more..