REC’s wholly owned subsidiary -- REC Power Development & Consultancy has incorporated as wholly owned subsidiary (WOS) in name of Bhadla-III 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 for Additional Transmission system for evacuation of power from Bhadla-III PS as part of Rajasthan REZ Phase-III scheme (20 GW).
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.
