Corporate News     04-Feb-22
Board of REC approves incorporation of 12 project specific SPVs
At meeting held on 04 February 2022
The Board of REC at its meeting held on 04 February 2022 has approved the incorporation of twelve (12) project-specific special purpose vehicles, as wholly owned subsidiaries of REC Power Development & Consultancy (RECPDCL), for development of inter-state transmission projects allocated by Ministry of Power, Government of India.

The Board also approved the sale and transfer of Gadag Transmission to ReNew Transmission Ventures, the successful bidder selected through tariff based competitive bidding process.

Previous News
  REC consolidated net profit rises 1.48% in the September 2022 quarter
 ( Results - Announcements 27-Oct-22   12:57 )
  Board of REC approves incorporation of project specific SPVs
 ( Corporate News - 29-Jun-24   11:48 )
  REC fixes record date for interim dividend
 ( Market Beat - Reports 27-Oct-22   12:43 )
  REC consolidated net profit rises 20.94% in the June 2023 quarter
 ( Results - Announcements 26-Jul-23   16:24 )
  REC Ltd leads losers in 'A' group
 ( Hot Pursuit - 04-Jun-24   15:00 )
  REC standalone net profit declines 0.38% in the September 2022 quarter
 ( Results - Announcements 27-Oct-22   12:45 )
  REC to hold board meeting
 ( Corporate News - 29-May-24   15:05 )
  Board of REC approves appointment of nominee director
 ( Corporate News - 04-Feb-22   20:34 )
  Board of REC recommends Interim Dividend
 ( Corporate News - 27-Oct-22   12:38 )
  Board of REC approves launch of capital gains tax exemption bonds aggregating Rs 1500 cr
 ( Corporate News - 10-Mar-21   16:14 )
  REC Ltd down for fifth straight session
 ( Hot Pursuit - 15-Jul-22   13:35 )
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