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REC’s arm incorporates Wholly Owned Subsidiary

16 Aug 2024 Evaluate

REC’s Wholly Owned Subsidiary -- REC Power Development & Consultancy (RECPDCL) has incorporated Wholly Owned Subsidiary namely Rajasthan IV 4B Power Transmission. The company has been incorporated for Transmission system for evacuation of power from Rajasthan REZ PhIV (Part-4: 3.5 GW): Part B.  

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.


Peers
Company Name CMP
Power Finance Corpn. 323.00
REC 300.50
NHIT 168.00
Satin Creditcare Net 228.50
IFCI 65.54
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