CE-MAT 2025

Mekhali Power Transmission incorporated as wholly-owned subsidiary of RECPDCL

Mekhali Power Transmission Limited has been incorporated as Wholly Owned Subsidiary of RECPDCL.

Mekhali Power Transmission incorporated as wholly-owned subsidiary of RECPDCL

New Delhi, 20 May, 2025: Mekhali Power Transmission Limited has been incorporated as Wholly Owned Subsidiary of RECPDCL.

The company has informed through exchange filing. This is to inform that Mekhali Power Transmission Limited has been incorporated as Wholly Owned Subsidiary of REC Power Development and Consultancy Limited ("RECPDCL" - a Wholly Owned Subsidiary ofREC Limited). The said company is also subsidiary company of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013, as per the filing stated.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel CE-MAT 2025

Read Also : Goa Shipyard backed Fifth FPV ‘Achal’ Launched for ICG

The Company has been incorporated for Establishing 400 KV Substation at Mekhali along with associated transmission lines (Belagavi District, Kamataka).

On 4th March 2025, Energy department of Government of Karnataka had allocated one intra-state transmission project, wherein REC Power Development and Consultancy Limited (RECPDCL) has been appointed to act as Bid Process Coordinator (EPC) for the purpose of selection of Bidder for Establishing 400 KV Substation at Mekhali along with associated transmission lines (Eelagavi District, Karnataka).

Read Also : HPCL signs MoU with Snap-E Cabs for HP e-Charge Facility

Therefore, Mekhali Power Transmission Limited has been incorporated on May 20, 2025. After selection of the successful bidder in accordance with the Tariff Based Competitive Bidding (TBCB) guidelines, said company would be transferred to the successful bidder along with all assets & liabilities.

Read Also : NLCIL Corporate Environment Cell bags Greentech Environment Award 2025

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions