REC Ltd.

BSE: 532955 | NSE: RECLTD
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REC’s arm incorporates wholly owned subsidiary

Date: 31-10-2024

REC’s wholly owned subsidiary -- REC Power Development & Consultancy (RECPDCL) has incorporated as wholly owned subsidiary in name of Lakadia B Power Transmission. The subsidiary company has been incorporated for Transmission scheme for evacuation of power from Transmission system for Augmentation of transformation capacity at 765/400 kV Lakadia S/s (WRSS XXI (A) Transco) in Gujarat - 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.