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REC’s arm incorporates wholly owned subsidiaries

20 Jul 2026 Evaluate

REC’s wholly owned subsidiary -- REC Power Development and Consultancy (RECPDCL) has incorporated wholly owned subsidiaries in the names of Beed Parli Power Transmission and Yavatmal Power Transmission. The said companies are also subsidiary companies of REC, in terms of the provisions of Section 2(87) of the Companies Act, 2013

Beed Parli Power Transmission has been incorporated on July 17, 2026 for establishment of 765 kV AIS Parli (District - Beed). Yavatmal Power Transmission has been incorporated July 18, 2026 for establishment of 400 kV AIS Yavatmal (Babhulgaon) (Dist. - Yavatmal).

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. 353.25
REC 312.90
NHIT 171.00
Satin Creditcare Net 216.75
IFCI 82.32
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