Rajgarh III Power Transmission struck off after project merger

Rajgarh III Power Transmission Limited, a project-specific special purpose vehicle (SPV), has been struck off the Register of Companies, effective January 20, 2026. The entity was a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is a subsidiary of REC Limited.

The dissolution follows a decision announced by REC in June 2025 to consolidate two transmission projects in Madhya Pradesh. Rajgarh III Power Transmission Limited was incorporated in December 2024 for the Rajgarh Phase III scheme. It was rendered redundant after the National Committee on Transmission recommended merging the project with the neighbouring Neemuch Phase II scheme to streamline development.

As part of the restructuring, a new SPV, Rajgarh Neemuch Power Transmission Limited, was incorporated on 17 June 2025. The new entity will implement the combined transmission system, which has an estimated project cost of Rs 3,472 crore and is intended to evacuate power from renewable energy zones in Rajgarh and Neemuch.

The consolidation was undertaken to address logistical constraints and land acquisition issues near the Pachora pooling station. The bidding process for the merged project is currently underway, and the selected developer will take over the newly incorporated SPV. Following the strike off, Rajgarh III Power Transmission Limited has ceased to be a subsidiary of both RECPDCL and REC Limited.

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