REC’s subsidiary REC Power Development and Consultancy (RECPDCL) has handed over Rajgarh Transmission to G R Infraprojects. Rajgarh Transmission is a Special Purpose Vehicle (SPV) which was formed for the construction of transmission projects in Rajgarh and Madhya Pradesh.
The SPV was formed for construction of transmission project viz. transmission system for evacuation of power from RE projects in Rajgarh (2,500 MW) SEZ in Madhya Pradesh. G R Infraprojects was the successful bidder of the inter-state transmission project of the power ministry.
REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.
