Corporate News     29-Jun-24
Board of REC approves incorporation of project specific SPVs
At meeting held on 29 June 2024
The Board of REC at its meeting held on 29 June 2024 and approved incorporation of two project-specific special purpose vehicles, as wholly owned subsidiary companies of REC Power Development & Consultancy (a wholly owned subsidiary of REC), for the purpose of selection of Bidder as Transmission Service Provider (TSP) to establish following two Interstate Transmission Systems projects allocated by Ministry of Power, Government of India, through Tariff Based Competitive Bidding (TBCB) process.

1. Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part- 4: 3.5 GW): Part A

2. Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part- 4: 3.5 GW): Part B

Previous News
  Sensex slides 200 pts; IT shares slides
 ( Market Commentary - Mid-Session 18-Sep-24   14:32 )
  REC appoints Jitendra Srivastava as chairman & MD
 ( Hot Pursuit - 22-Apr-25   15:05 )
  REC schedules board meeting
 ( Corporate News - 31-Jan-25   11:32 )
  REC Ltd up for five straight sessions
 ( Hot Pursuit - 09-Dec-24   13:00 )
  REC rallies on incorporating WOS for RE projects in Madhya Pradesh
 ( Hot Pursuit - 26-Dec-24   15:38 )
  Nifty November futures trade at premium
 ( Market Commentary - Futures Market 02-Nov-23   16:26 )
  REC Ltd gains for third straight session
 ( Hot Pursuit - 05-Mar-25   13:06 )
  Board of REC recommends interim dividend
 ( Corporate News - 29-Jul-24   09:13 )
  REC Ltd soars 2.42%, Gains for third straight session
 ( Hot Pursuit - 31-Jan-25   13:05 )
  Board of REC approves transfer of Ramgarh-II Transmission to Power Grid
 ( Corporate News - 27-Sep-23   15:19 )
  REC signs Euro 200 mn loan agreement with KfW
 ( Corporate News - 09-Dec-23   13:41 )
Other Stories
  Board of Piccadily Agro Industries allots 6.72 lakh equity shares on conversion of warrants
  12-Jun-25   18:12
  Board of Canara Bank approves capital raising plan for FY 2026
  12-Jun-25   18:09
  SG Mart secures orders worth Rs 266 cr
  12-Jun-25   18:02
  Happiest Minds Technologies appoints Anand Balakrishnan as CFO
  12-Jun-25   18:01
  SEPC bags solar power project of Rs 650 cr
  12-Jun-25   17:57
  Galada Finance AGM scheduled
  12-Jun-25   17:51
  Hindustan Unilever to conduct EGM
  12-Jun-25   17:51
  Cyient DLM to hold AGM
  12-Jun-25   17:51
  Safa Systems & Techs. to conduct AGM
  12-Jun-25   17:51
  Atal Realtech to conduct EGM
  12-Jun-25   17:50
Back Top