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Published 1 month ago

REC Hands Over Meerut Shamli Power Transmission SPV To Megha Engineering

Summary by NDTV Profit
REC Power Development and Consultancy Ltd., a wholly owned subsidiary of REC Ltd., handed over the entire shareholding of its project-specific special purpose vehicle—Meerut Shamli Power Transmission Ltd.—to Megha Engineering and Infrastructures Ltd.The SPV Meerut Shamli Power Transmission, comprising 50,000 equity shares, was formed for the construction of Meerut (765 kV)–Shamli 400 kV D/C Line in Uttar Pradesh, according to its exchange filing…

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