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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. .

Rewa Airport gets DGCA nod; will become sixth in MP
Infrastructure - Sep 16,2024
The Directorate General of Civil Aviation (DGCA) has granted an operating license to the new Rewa Airport in Madhya Pradesh's Vindhya region. This addition will enhance economic activity and regi .

REC inks pact with JNPA for financing projects up to Rs 45,000 crore
Infrastructure - Aug 28,2024
REC Limited signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to fund up to Rs 45,000 crore for JNPA's infrastructure projects, including Vadhavan port development. The agreement, signed .

REC to provide Rs 1,869-crore financial assistance for Kiru hydro project in J&K
Power Generation - Apr 25,2024
REC will provide a Rs 1,869 crore term loan for the 624 MW Kiru Hydro Electric Project in Jammu & Kashmir, managed by Chenab Valley Power Project (CVPPPL). The project on Chenab river includes a 135 .

Biliti Electric invests Rs 400 crore in new manufacturing plant
Automotive Industries - Mar 14,2024
Biliti Electric, an electric mobility firm, commences construction of a new manufacturing plant in Hyderabad, investing Rs 400 crore ($5.6 billion). The facility aims to produce over 2,000 electric th .

REC, DVC ink Rs 588-crore deals for tubed coal mine development in Damodar valley region
Infrastructure - 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
Automotive Industries - 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
Infrastructure - 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 .