Corporate News 04-Feb-21
Board of REC approves sale of three wholly owned subsidiaries (SPVs)
At meeting held on 04 February 2021
The Board of REC at its meeting held on 04 February 2021 approved the proposals for sale and transfer of Fatehgarh Bhadla Transco, Sikar New Transmission and Ramgarh New Transmission to the successful bidder (Power Grid Corporation of India), selected through Tariff Based Competitive Bidding Process.
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