REC’s arm incorporates wholly owned subsidiary

28 Oct 2024 Evaluate

REC’s Wholly Owned Subsidiary-- REC Power Development & Consultancy (RECPDCL) has incorporated wholly owned subsidiary namely ‘Banaskantha Transco’. The company has been incorporated for Transmission scheme for evacuation of power from Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS).  

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.

REC Share Price

491.05 -25.30 (-4.90%)
21-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 453.75
REC 491.05
Indian Railway Finance 141.60
Satin Creditcare 148.05
MAS Financial Serv 277.25
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