REC Merger & Restructuring Worth ₹0.05 Cr
REC Limited disclosed incorporation of Bikaner V Part D Power Transmission Limited, a wholly owned subsidiary via RECPDCL. Cash consideration of ₹0.05 Crore was paid for 100% subscription.
- Value
- ₹0.05 Cr
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REC Limited disclosed incorporation of Bikaner V Part D Power Transmission Limited, a wholly owned subsidiary via RECPDCL. Cash consideration of ₹0.05 Crore was paid for 100% subscription.
REC Limited disclosed incorporation of three wholly owned power transmission subsidiaries. Each has paid-up capital of ₹5,00,000 and no turnover yet.
REC Limited is selling its subsidiary, Jam Khambhaliya Jamnagar Power Transmission Limited, to Ceigall India Limited for a consideration of ₹18.40 Crore.
REC Limited sold its subsidiaries Jam Khambhaliya Jamnagar Power Transmission Ltd and Lakadia II Power Transmission Ltd for a total consideration of ₹36.82 Crore.
RECPDCL, a REC subsidiary, incorporated Bikaner V Part A Power Transmission Ltd for a 6GW transmission project. The SPV will transfer to the successful TBCB bidder post-selection.
REC Ltd incorporated three wholly-owned transmission subsidiaries—Bikaner V Part A, Part B, and Mirzapur—under RECPDCL. They will bid for transmission projects and transfer to bidders.
REC Limited sold its subsidiary, Balsane Power Transmission Limited, to Resonia Limited for ₹5.59 Crore following a competitive bidding process.
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.