REC incorporates three transmission SPVs, issues RFP for Sakoli project
REC Limited has disclosed the incorporation of three new special purpose vehicles (SPVs) between 19 December 2025 and 20 December 2025. The entities have been set up through its wholly owned subsidiary REC Power Development and Consultancy Limited REC Power Development and Consultancy Limited (RECPDCL) to implement intra-state transmission projects in Maharashtra. Balsane Power Transmission Limited was incorporated on 18 December 2025. The company has been created for the establishment of the 765/400/220 kV AIS…

