REC Limited — Important, 25-10-2024: General Updates

REC Limited has incorporated a wholly-owned subsidiary, Rajasthan V Power Transmission Limited. This new entity, established for a power transmission project in Rajasthan, will operate under REC Power Development & Consultancy Limited. The authorized and paid-up capital is ₹5,00,000. Once a successful bidder is selected, the company will transfer its assets and liabilities accordingly. The initiative aligns with REC's strategy to enhance its power sector operations.