Rural Electrification Corporation (REC) has received approval for incorporation of project specific Special Purpose Vehicle (SPV), as wholly owned subsidiary of REC Transmission Projects Company for construction of transmission network for evacuation of power from 2x660MW Jawaharpur Thermal Power Project and Construction of 400kV substation at Firozabad with associated transmission line.
The meeting of the Board of Directors of the company held on June 22, 2018, approved the same.
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.
