REC Ltd incorporates wholly-owned subsidiary Kukshi Alirajpur Transmission Limited
REC Ltd has incorporated a new entity, Kukshi Alirajpur Transmission Limited, as part of its strategic move within the power transmission sector. The company is a wholly-owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is a wholly-owned subsidiary of REC Limited.Kukshi Alirajpur Transmission Limited was incorporated on July 29, 2026. This entity falls under the power sector and has been established with the objective of strengthening the intra-state transmission system in the Kukshi / Alirajpur area by establishing new EHV Substations and associated transmission lines.
The project stems from an order issued on February 9, 2026, by the Government of Madhya Pradesh. Under this mandate, RECPDCL has been appointed to act as the Bid Process Coordinator (BPC) for the initiative.
The incorporation details and current status of Kukshi Alirajpur Transmission Limited are summarized below:
| Particulars | Details |
|---|---|
| Name | Kukshi Alirajpur Transmission Limited |
| Industry | Power Sector |
| Incorporation Date | July 29, 2026 |
| Authorized Capital | Approximately 5,00,000/- |
| Paid up Capital | Approximately 5,00,000/- |
| Turnover | Not Applicable (A newly incorporated company) |
As a related party of REC Limited, Kukshi Alirajpur Transmission Limited was established to oversee the project. The incorporation involved 100% subscription to the equity share capital in cash at face value.
RECPDCL itself functions as the BPC for selecting the Transmission Service Provider through the Tariff Based Competitive Bidding (TBCB) process, an assignment given by the Ministry of Power and various State Governments for independent inter-state and intra-state transmission projects.
Once the successful bidder is selected according to the TBCB guidelines, Kukshi Alirajpur Transmission Limited will be transferred to that bidder along with all assets and liabilities pertaining to the project.
RECLTD Stock Price Movement
REC Limited edged higher to close at ₹374.9 today, gaining 0.23% after settling post-market. The stock saw intraday trading range between a low of ₹371.15 and a high of ₹377.25 amid over 4 million shares being traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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