REC Power Development and Consultancy Limited (RECPDCL), REC Limited, has established two wholly owned subsidiaries through its wholly owned subsidiary for intra-state transmission projects in Bihar and Maharashtra.
Alkud II Power Transmission Limited and Vikramshila Power Transmission Limited are the two businesses. According to Section 2(87) of the Companies Act, 2013, both businesses are subsidiaries of REC Limited as well as fully owned subsidiaries of RECPDCL.
Vikramshila Power Transmission Limited was incorporated on August 24, 2026, with its Certificate of Incorporation received on August 25, 2026. The company has an authorised capital of ₹5,00,000 and paid-up capital of ₹5,00,000. Its turnover is not applicable as it is a newly incorporated company and is yet to commence its business.
The company has been incorporated for the Evacuation of Power from 3×800 MW STPP Pirpainti project. The Government of Bihar, through its Gazette Notification dated May 7, 2026, allocated the intra-state transmission project, for which RECPDCL has been appointed as the Bid Process Coordinator (BPC).
Following the selection of the successful bidder in accordance with the Tariff Based Competitive Bidding (TBCB) guidelines, Vikramshila Power Transmission Limited would be transferred to the successful bidder along with all assets and liabilities.
Alkud II Power Transmission Limited was incorporated on August 25, 2026. It has an authorised capital of ₹5,00,000 and paid-up capital of ₹5,00,000. Its turnover is not applicable as it is a newly incorporated company and is yet to commence its business.
The company has been incorporated for the Establishment of 765/400/220 kV AIS Alkud-II/Jath (Dist. Sangli) project. The Government of Maharashtra, through its Gazette Notification dated July 10, 2026, allocated the intra-state transmission project, with RECPDCL appointed as the Bid Process Coordinator (BPC).
After selection of the successful bidder in accordance with the TBCB guidelines, Alkud II Power Transmission Limited would be transferred to the successful bidder along with all assets and liabilities.
Both companies operate in the power sector and have been incorporated through 100% subscription to their equity share capital in cash. REC Limited holds 100% shareholding and control in each company.
For autonomous interstate and intrastate transmission projects that are occasionally awarded by the Ministry of Power and State Governments, RECPDCL serves as the Bid Process Coordinator for the TBCB process.
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
