Corporate News     18-Jun-20
Board of REC approves incorporation of two project specific SPVs
At meeting held on 17 June 2020
The Board of REC at its meeting held on 17 June 2020 has approved the incorporation of two Project Specific Special Purpose Vehicles (SPVs), as Wholly Owned Subsidiary Companies of REC Transmission Projects Company for development of intra-state transmission work in Madhya Pradesh, through Tariff Based Competitive Bidding, allocated by Government of Madhya Pradesh.
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