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rec News & Updates - March 18, 2025


RECPDCL hands Over Rajasthan-IV H-1 Power Transmission Limited to Power Grid Corporation
Infrastructure   -  Oct 16,2024
REC Power Development and Consultancy Limited (RECPDCL) has handed over the Rajasthan-IV H-1 Power Transmission Limited project to Power Grid Corporation of India Limited (PGCIL) on October 15, 2024. .


REC, DVC ink Rs 588-crore deals for tubed coal mine development in Damodar valley region
Power Generation   -  Feb 16,2024
REC Ltd signed Rs 588 crore agreements with Damodar Valley Corporation (DVC) for tubed coal mine development in the region. The agreements encompass term loan, escrow, and hypothecation deeds, aiming .


RECPDCL hands over 5 SPVs to successful bidders
Power Generation   -  Feb 12,2024
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, facilitated the formation of Special Purpose Vehicles (SPVs) for Inter State Transmission Projects. Successful bid .


IndiGrid secures two transmission projects with over Rs 1,000 cr capex
Power Generation   -  Jan 03,2024
India Grid, an infrastructure investment trust (InvIT), secured two inter-state transmission projects worth over Rs 1,000 crore. REC Power Development and Consultancy Limited awarded the projects thro .


REC extends Rs 6,075 crore loan to Greenko
Power Generation   -  Sep 19,2023
Greenko, a renewable energy company, secured a Rs 6,075 crore loan from REC Limited for its 1,440-megawatt Standalone Pumped Storage Project. REC Ltd, designated a Maharatna Central Public Sector Ente .


Hero Future Energies inks Rs 6,200-cr MoUs for renewable energy projects
Power Generation   -  Jul 26,2023
Hero Future Energies (HFE) has signed two contracts with REC Ltd and PFC Ltd to develop green energy projects. The agreements, totaling Rs 6,200 crore, were signed during the 4th G20 Energy Transition .