REC’s arm incorporates wholly owned subsidiary

31 Oct 2024 Evaluate

REC’s wholly owned subsidiary -- REC Power Development & Consultancy (RECPDCL) has incorporated as wholly owned subsidiary in name of Lakadia B Power Transmission. The subsidiary company has been incorporated for Transmission scheme for evacuation of power from Transmission system for Augmentation of transformation capacity at 765/400 kV Lakadia S/s (WRSS XXI (A) Transco) in Gujarat - Part B.

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

526.55 3.85 (0.74%)
01-Nov-2024 18:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 458.90
REC 526.55
Indian Railway Finance 157.95
Satin Creditcare 165.15
MAS Financial Serv 292.05
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