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.
REC Limited transferred its entire shareholding in Ryapte Power Transmission Limited to Tata Power for ₹10.87 Crore. This sale of subsidiary concludes the project transfer.
REC Limited's subsidiary, RECPDCL, incorporated a new entity, Kukshi Alirajpur Transmission Limited, for an intra-state power transmission project. This SPV will be transferred to a successful bidder.
REC Limited incorporated a wholly owned subsidiary, Kukshi Alirajpur Transmission Limited, to act as a special purpose vehicle for a transmission project in Madhya Pradesh.
REC Limited is divesting its subsidiary, Shongtong Power Transmission Limited, to Terralight Solar Energy Tinwari Private Limited. The cash-based transaction is valued at approximately ₹20.41 Crore.
REC Limited sold its subsidiary, Bhadla Ramgarh Power Transmission Limited, to Power Grid Corporation of India Limited for ₹12.86 Crore in an all-cash deal.
REC Limited has divested two project-specific subsidiaries, Bhadla Ramgarh Power Transmission Limited and Shongtong Power Transmission Limited, for a total consideration of ₹33.26 Crore.
REC Limited incorporated a new wholly-owned subsidiary, Dharashiv Power Transmission Limited, to establish a 400 kV GIS switching station in Maharashtra. This subsidiary is a special-purpose vehicle.
REC Limited's subsidiary, RECPDCL, incorporated Yavatmal Power Transmission Limited to facilitate an intra-state transmission project. The subsidiary was incorporated with a cash consideration of ₹0.05 Crore.
REC Ltd has incorporated two new wholly-owned subsidiaries, Beed Parli Power Transmission Limited and Yavatmal Power Transmission Limited, to facilitate power transmission projects.
REC Limited incorporated Nawada Durgapur Power Transmission Limited as a wholly-owned subsidiary. The entity will act as a project-specific vehicle for power transmission projects.
REC Limited's Board approved a merger scheme with Power Finance Corporation. The proposed share exchange ratio is 88 shares of PFC for 100 shares of REC.
REC Ltd approved a merger by absorption into Power Finance Corporation. The board also proposed raising up to ₹14,000 crore via NCDs.
REC Limited sold its subsidiary, Jalna Power Transmission Limited, for ₹3.22 Crore. The transaction with Maharashtra State Electricity Transmission Company was completed via cash consideration.
REC Limited sold its SPV subsidiary Jalna Power Transmission Ltd for ₹0.32 Crore. The transaction removes the entity from REC's consolidated structure.
REC Limited completed the sale of its subsidiary, Mekhali Power Transmission Limited, to Dilip Buildcon Limited for ₹8.06 Crore. The cash transaction finalized on May 30, 2026.
REC Limited sold its subsidiary, Hampapura Power Transmission Limited, to Resonia Limited for ₹8.61 Crore. The cash transaction involves a non-related party and was executed at arm's length.
REC Limited's subsidiary transferred two project-specific SPVs to successful bidders for ₹16.67 Crore. These entities are no longer subsidiaries of the company.
REC Limited incorporated three new wholly-owned transmission subsidiaries with a combined capital of ₹0.15 Crore. These entities will manage interstate power transmission projects.