FilingReader Intelligence

REC forms new power transmission subsidiary, Apta Power Transmission Limited

December 25, 2025 at 01:19 PM UTCBy FilingReader AI

REC Limited, through its wholly-owned subsidiary REC Power Development and Consultancy Limited (RECPDCL), has incorporated a new company named Apta Power Transmission Limited on December 24, 2025. This new entity will operate as a wholly-owned subsidiary of RECPDCL and, consequently, a subsidiary of REC Limited. Apta Power Transmission Limited has an authorized capital of ₹5,00,000 and a paid-up capital of ₹5,00,000, fully subscribed in cash by RECPDCL.

The primary objective of Apta Power Transmission Limited is the establishment of a 765/400/220kV AIS Apta (Dist. Raigad) project. This incorporation follows an order dated October 3, 2025, from the Government of Maharashtra, which allocated an intra-state transmission project and appointed RECPDCL as the bid process coordinator for bidder selection. Once a successful bidder is chosen through the tariff based competitive bidding guidelines, Apta Power Transmission Limited, along with its assets and liabilities, will be transferred to that bidder.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:RECLTDBombay Stock Exchange

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