REC Merger & Restructuring Worth ₹1.88 Cr
REC Ltd transferred its entire stake in Ranipur Chunar Power Transmission Ltd to H G Infra Engineering Ltd for Rs.1.88 Crore.
- Value
- ₹1.88 Cr
- From
- H G Infra Engineering Limited
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REC Ltd transferred its entire stake in Ranipur Chunar Power Transmission Ltd to H G Infra Engineering Ltd for Rs.1.88 Crore.
REC Limited sold its subsidiary, Sakoli Power Transmission Limited, to Ashoka Buildcon Limited for ₹3.06 Crore. The transaction was completed on 23 September 2026.
REC Limited is selling its subsidiary, Barmer HVDC Power Transmission Limited, to Power Grid Corporation of India Limited for a total consideration of ₹18.98 Crore.
REC Limited sold its stakes in subsidiaries Barmer HVDC Power Transmission and Sakoli Power Transmission for a combined consideration of ₹22.03 Crore.
REC Limited has sold its subsidiary, Musalgaon Power Transmission Limited, to Maharashtra State Electricity Transmission Company Limited for ₹2.21 Crore.
REC Limited’s subsidiary, RECPDCL, incorporated a new SPV, Vikramshila Power Transmission Limited, for a power transmission project. This incorporation involved a cash consideration of ₹0.05 Crore.
REC Limited incorporated two new wholly-owned subsidiaries, Vikramshila Power Transmission Limited and Alkud II Power Transmission Limited, as special purpose vehicles for power transmission projects.
REC Limited sold its wholly-owned subsidiary, Luhri Power Transmission Limited, to Terralight Solar Energy Tinwari Private Limited for ₹14.13 Crore. The transaction involves the complete shareholding transfer.
REC Limited's subsidiary RECPDCL sold its entire shareholding in Vizag Power Transmission Limited to Adani Energy Solutions Limited. This divestment follows a tariff-based competitive bidding process.
Beacon Trusteeship Limited has issued a No Objection Certificate to REC Limited regarding the company's proposed merger with Power Finance Corporation.