https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

REC Incorporates New Subsidiary to Develop Transmission Projects for Renewable Energy Zones in Madhya Pradesh

Rajgarh Neemuch Power Transmission Limited to Support 2,500 MW RE Evacuation Infrastructure
Indian Masterminds Stories

New Delhi: In a move aimed at strengthening renewable energy transmission infrastructure in India, REC Limited – a Maharatna Central Public Sector Enterprise under the Ministry of Power – has announced the incorporation of a new wholly owned subsidiary, Rajgarh Neemuch Power Transmission Limited.

The subsidiary has been formed under REC Power Development and Consultancy Limited (RECPDCL), a 100% subsidiary of REC. This development follows the Ministry of Power’s allocation of a significant interstate transmission system project, notified in the Gazette on March 18, 2025.

Boost to Renewable Energy Evacuation
Rajgarh Neemuch Power Transmission Limited will be responsible for implementing transmission systems for the evacuation of 2,500 MW of renewable energy—1,500 MW from Rajgarh SEZ (Phase III) and 1,000 MW from Neemuch SEZ (Phase II) in Madhya Pradesh. These initiatives are part of the Centre’s broader strategy to integrate more clean energy into the national grid through effective inter-state connectivity.

TBCB and Transfer to Private Operator
The project is being developed under the Tariff-Based Competitive Bidding (TBCB) mechanism, with RECPDCL serving as the Bid Process Coordinator (BPC). Once the bidding process concludes and a successful Transmission Service Provider (TSP) is selected, the new company will be transferred to that bidder, along with its assets and liabilities.

The company has been incorporated with an authorised and paid-up capital of ₹5 lakh, and operations have not yet commenced. REC has clarified that while this is a related-party transaction due to subsidiary linkage, no promoter or promoter group interest exists beyond the shareholding structure.

Key Strategic Initiative
This move reflects REC’s continued commitment to enabling India’s renewable energy ambitions, particularly in Special Economic Zones designed for clean energy. By setting up dedicated transmission corridors, the company is facilitating faster grid integration of renewable power and supporting decarbonization goals.

Read Also: REC Limited Marks World Blood Donor Day with Inspiring Blood Donation Camp – Details Inside

About REC

REC Limited (formerly Rural Electrification Corporation Limited) is a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India. Established in 1969, REC is a leading non-banking financial company (NBFC), playing a pivotal role in financing and promoting power sector development across India.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
DMF fund utilisation
District Collectors Must Ensure Timely Use of DMF Funds, Says Mines Secretary; Flags Non-Spending in Some States
Petroleum and Natural Gas Regulatory Board (PNGRB)1
PNGRB Unveils 2025–26 Action Plan: Petroleum Products Exchange, Unified Gas Tariff, & Hydrogen Safety in Focus
OIL GAIL
15-Year Gas Pact Signed Between OIL and GAIL for Rajasthan Power Generation, Strengthens Domestic Gas Supply
Screenshot 2025-07-09 200810
NTPC Simhadri Inaugurates First Rooftop Solar Plant on 28th Raising Day - Details Inside
Uttar Pradesh CM resized
Yogi Government Unveils Delta Ranking for Aspirational Development Block; Top 5 to Receive Rs 20 Crore Incentive, Jalaun Tops the List
Niti-Aayog
Jharkhand: Ranchi’s Sankalp Sinha Appointed to NITI Aayog's Standing Committee on Research & Innovation
NBCC C-DOT Innovation Hub Mehrauli
Next-Gen Tech Wonderland in Delhi: NBCC & C-DOT Partner on Rs 220 Crore Innovation Hub
Punauradham
Punauradham to Undergo Rs 882.87 Crore Transformation as Bihar Aims to Develop a Grand Ramayana Pilgrimage Hub - Details Inside
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-07 at 3.15
The Martial Artist IRS Officer Who Conquered North East India on a Cycle
WhatsApp Image 2025-07-03 at 13.33
IRS Sanjay Bahadur: The Officer With a Pen That Bites | Video Interview
Inderjit Singh Air India
Is Air India Carrying The Burden of Split Before Privatisation?
ADVERTISEMENT
UPSC Stories
Sushmitha and Ishwarya Ramanathan
Their Home Was Washed Away — Sushmitha & Ishwarya Built a Legacy Instead
Sushmitha and Ishwarya lost their home to the 2004 tsunami. But with books, belief, and each other, they...
IAS SHWETA BHARTI Bihar
From Wipro to Civil Services: How Bihar's IAS Shweta Bharti Juggled a BPSC Job While Preparing for UPSC
IAS Shweta Bharti, from rural Bihar, balanced a full-time job and UPSC prep with discipline, cracked...
IPS Deepak Meghani
Deepak Meghani, IPS: A Journey of Focus, Failure, and Quiet Discipline
A passionate writer, he has authored several books in Gujarati, ranging from exam strategy guides to...
Social Media
G S Roshni
Kerala’s Fearless Forest Officer G.S. Roshni Rescues 16-Foot King Cobra with Bare Hands, Garners Praise & Critique
Beat Forest Officer G.S. Roshni’s first-ever king cobra rescue goes viral, earning her the title of ‘Green...
Kaziranga Baby Elephant
Chotu the Baby Elephant Reunited with Mother in Kaziranga: Retired IFS Officer’s Post Goes Viral
A baby elephant's emotional reunion with its mother in Kaziranga, shared by retired IFS officer Susanta...
PV Sindhu
PV Sindhu’s Visit to NADT Turns into a Wholesome Tribute to Legacy—and ‘Moolchandj
The Olympic champion shared nostalgic memories, met aspiring IRS officers, and sparked viral laughter...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Dr Virendra Prasad IAS
Not Just an Officer, But a Storyteller Too
DMF fund utilisation
District Collectors Must Ensure Timely Use of DMF Funds, Says Mines Secretary; Flags Non-Spending in Some States
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-07 at 3.15
WhatsApp Image 2025-07-03 at 13.33
Inderjit Singh Air India
ADVERTISEMENT
ADVERTISEMENT