RECPDCL incorporates subsidiary to set up power substation in Karnataka

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..... RECPDCL incorporates subsidiary to set up power substation in Karnataka
PTI News
Dated:- 20-5-2025
PTI
New Delhi, May 20 (PTI) REC Power Development and Consultancy Limited (RECPDCL) has i .....

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..... ncorporated Mekhali Power Transmission Limited as its wholly-owned subsidiary to set up a substation in Karnataka. RECPDCL is a wholly-owned subsidiary of state-owned REC, a non-banking finance comp .....

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..... any (NBFC) under the Ministry of Power focusing on power sector financing in India. The company has been incorporated for establishing a 400 KV substation at Mekhali along with associated transmissi .....

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..... on lines at Belagavi in Karnataka. Mekhali Power Transmission Limited has been incorporated on May 20, 2025. After selection of the successful bidder in accordance with the tariff-based competitiv .....

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..... e bidding guidelines, the company would be transferred to the successful bidder along with all assets and liabilities. RECPDCL acts as the bid process coordinator for selection of transmission servi .....

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..... ce provider for independent inter-state and intra-state transmission project assigned by the Ministry of Power and state governments. PTI ABI HVA
News - Press release - PIB .....

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