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News18•28-09-2026, 20:00
REC Arm Transfers UP Power Project to HG Infra Engineering
  • •REC Power Development and Consultancy (RECPDCL) transferred Ranipur Chunar Power Transmission, a project-specific special purpose vehicle (SPV), to H G Infra Engineering.
  • •The transfer occurred on September 26, following H G Infra Engineering's success in a tariff-based competitive bidding process.
  • •RECPDCL, a wholly-owned subsidiary of REC Ltd., acted as the bid process coordinator for the intra-state transmission project in Uttar Pradesh.
  • •The project will be developed on a Build, Own, Operate and Transfer (BOOT) basis.
Read Full Article on News18 in English

Key Questions Answered

H G Infra Engineering took over the Ranipur Chunar Power Transmission project after it was handed over by REC Power Development and Consultancy.

The special purpose vehicle was transferred to H G Infra Engineering after they emerged as the successful bidder through a tariff-based competitive bidding process conducted by RECPDCL.

REC Power Development and Consultancy Limited operates as a wholly-owned subsidiary of the public sector entity REC Ltd.

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