State-owned REC connected Thursday said Ratle Kiru Power Transmission has been incorporated arsenic a wholly-owned subsidiary of REC Power Development & Consultancy Limited (RECPDCL).
RECPDCL is simply a wholly-owned subsidiary of REC, the institution said successful an regulatory filing. The entity has been incorporated for transmission strategy for evacuation of powerfulness from Ratle HEP (hydroelectric project).
RECPDCL acts arsenic the bid process coordinator for enactment of transmission work supplier done tariff based competitory bidding (TBCB) process, for autarkic inter-state and intrastate transmission task assigned by the Ministry of Power and authorities governments.