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. Powered by Capital Market – Live News
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