Corporate News     21-Apr-23
REC transfers KPSI1 Transmission to Megha Engineering & Infrastructures
REC has concluded the sale and transfer of KPSI1 Transmission to Megha Engineering & Infrastructures, the successful bidder selected through tariff based competitive bidding process for "Transmission scheme for injection beyond 3 GW RE power at Khavda PS1 (KPS1) " on 20 April 2023.

Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary REC.

Previous News
  REC registers highest ever loan sanctions in FY24
 ( Hot Pursuit - 08-Apr-24   15:19 )
  Board of REC approves incorporation of subsidiaries
 ( Corporate News - 19-Mar-24   15:21 )
  Board of REC to consider fund raising proposal
 ( Corporate News - 28-May-24   18:55 )
  REC Ltd spurts 2.17%, up for third straight session
 ( Hot Pursuit - 28-Jun-23   13:05 )
  Board of REC recommends Third Interim dividend
 ( Corporate News - 19-Mar-24   14:13 )
  Board of REC approves sale of three subsidiaries of REC Power Development and Consultancy
 ( Corporate News - 19-Mar-24   15:17 )
  REC to hold AGM
 ( Corporate News - 18-Aug-23   14:24 )
  REC fixes record date for final dividend
 ( Market Beat - Reports 18-Jun-24   17:14 )
  REC to conduct board meeting
 ( Corporate News - 23-Oct-23   17:06 )
  REC fixes record date for bonus issue
 ( Market Beat - Reports 01-Jul-22   10:40 )
  REC announces incorporation of wholly owned step down subsidiary
 ( Corporate News - 28-Mar-24   19:05 )
Other Stories
  Share India Securities allots 16.92 lakh equity shares on conversion of warrants
  06-Jul-24   13:11
  Tinna Trade raises Rs 49 cr to fund its growth plans
  06-Jul-24   11:10
  Integra Essentia announces merger with G G Engineering
  06-Jul-24   11:05
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
Back Top