New Delhi: REC Limited, a Maharatna public sector enterprise, has announced the incorporation of a new subsidiary company, Munak Power Transmission Limited, to strengthen its power transmission infrastructure initiatives in Haryana. The move is part of REC’s broader strategy to develop critical transmission assets and support large-scale power evacuation projects.
Purpose of Incorporation
Munak Power Transmission Limited has been established to develop a 400 kV substation at Munak in Haryana and the associated transmission lines required for the evacuation of 800 MW of power from the Deenbandhu Chhotu Ram Thermal Power Plant (DCRTPP), Yamunanagar.
The project was allocated by Haryana Vidyut Prasaran Nigam Limited (HVPNL) on October 1, 2025, appointing REC Power Development and Consultancy Limited (RECPDCL) as the Bid Process Coordinator (BPC) under the Tariff Based Competitive Bidding (TBCB) framework. Once a successful bidder is selected, the newly incorporated company will be transferred along with its assets and liabilities in line with regulatory norms.
Key Corporate Details
- Company Name: Munak Power Transmission Limited
- Date of Incorporation: January 5, 2026
- Certificate Received: January 7, 2026
- Authorized & Paid-up Capital: ₹5 lakh
- Turnover: Not applicable (newly incorporated)
- Industry: Power Sector
- Shareholding: 100% held by RECPDCL
- Nature of Consideration: Cash subscription at face value
REC Limited confirmed that the incorporation of Munak Power Transmission Limited complies with SEBI Listing Regulations and has been duly intimated to the stock exchanges.
Strategic Importance
The incorporation of this subsidiary is expected to enhance the transmission infrastructure in Haryana, facilitating the efficient evacuation of power from DCRTPP to meet growing energy demands in the region. The project aligns with India’s broader goal of strengthening grid capacity and improving power distribution reliability.
About REC Limited
REC Limited is a Maharatna public sector enterprise and a key player in India’s power sector. With a strong presence across the entire power value chain, REC focuses on power generation, transmission, and consultancy services, contributing to the country’s energy security and infrastructure development initiatives.
