REC’s Wholly Owned Subsidiary -- REC Power Development and Consultancy has incorporated two wholly owned subsidiaries by name ‘WRNES Talegaon Power Transmission’ and ‘Khavda V-BIB2 Power Transmission’.

WRNES Talegaon Power Transmission has been incorporated on November 16, 2024 (Certificate of Incorporation was received on November 18, 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. The company has been incorporated for Transmission scheme for Network Expansion scheme in Western Region to cater to Pumped storage potential near Talegaon (Pune).

Khavda V-B1B2 Power Transmission has been incorporated on November 18, 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. The company has been incorporated for Transmission scheme for Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme).

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.