REC’s Wholly Owned Subsidiary-- REC Power Development & Consultancy (RECPDCL) has incorporated Wholly Owned Subsidiary (WOS) by name ‘Rajasthan V Power Transmission’ on October 25, 2024. Ministry of Power, vide gazette notification dated August 30, 2024 had allocated one transmission project, wherein RECPDCL has been appointed to act as Bid Process Coordinator (BPC) for the purpose of selection of Bidder for Transmission system for evacuation of power from Rajasthan REZ Ph-V (Part-I: 4 GW) [Sirohi/ Nagaur] Complex.

In view of the above, Rajasthan V Power Transmission has been incorporated on October 25, 2024. 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. 

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.