The Board of REC at its meeting held on 04 August 2022 has approved incorporation of project specific vehicles as wholly owned subsidiaries of REC Power Development Consultancy for selection of successful bidder for implementation of the following projects allocated by Ministry of Power Government of India through tariff based competitive bidding process a ISTS Network Expansion Scheme in Western Southern region for export of surplus power during high RE scenario in Southern Region; b Transmission system for evacuation of power from Luhri Stage-I HEP; and c Inter-regional ER-WR Interconnection The proposed companies will also be subsidiary companies of REC
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