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REC Limited has completed the sale and transfer of two project-specific subsidiaries, Rajasthan IV 4A Power Transmission Limited and Rajasthan IV 4B Power Transmission Limited. This transaction involved selling the entire shareholding, comprising 50,000 equity shares of each subsidiary, at par value to the successful bidders selected through a tariff-based competitive bidding process. The buyers are Power Grid Corporation of India Limited for Rajasthan IV 4A and Dineshchandra R. Agrawal Infracon Private Limited for Rajasthan IV 4B. The consideration received includes a professional fee of ₹15 crore and reimbursement of expenses. Following this transaction, these subsidiaries will no longer be associated with REC or RECPDCL, potentially streamlining operations and focusing on core business activities. Watch closely for any impacts this may have on REC's strategic direction.