REC board nod sale & transfer of KPSI Transmission

REC board nod sale & transfer of KPSI Transmission

by admin- Friday, March 31st, 2023 06:17:06 PM

 

REC at its board meeting hung on March 30, 2023, permitted the sale and switch of the complete shareholding of KPS 1 Transmission Ltd, currently held by way of REC Power Development and Consultancy Ltd (RECPDCL), absolutely owned subsidiary of REC, to Mi s Megha Engineering & Infrastructures Limited, the a hit bidder selected via Tariff Based Competitive Bidding process.

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