REC’s wholly owned subsidiary -- REC Power Development & Consultancy has incorporated wholly owned subsidiary namely ‘Khavda V-A Power Transmission’. The said company is also subsidiary company of REC, in terms of the provisions of Section 2(87) of the Companies Act, 2013.
The company has been incorporated to develop Transmission system for evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A.
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.
