REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd, has announced the incorporation of Jalna Power Transmission Limited as its newest subsidiary. The move is part of REC’s broader strategy to strengthen India’s power transmission backbone and support the evacuation of renewable energy from emerging generation hubs.
Here’s a detailed breakdown of the development and its strategic implications.
Key Highlights of the Incorporation
- Jalna Power Transmission Limited was officially incorporated on June 29, 2025, as a public company under the Ministry of Power
- The company is registered with the Registrar of Companies, Delhi, with an authorised and paid-up capital of Rs 5 lakh
- It is classified as a Union government company and will operate under the administrative control of RECPDCL
- The company’s registered office is located at Scope Complex, Lodhi Road, New Delhi
Strategic Purpose and Operational Scope
- Jalna Power Transmission has been established to undertake the development, construction, and maintenance of power transmission lines
- The company will focus on projects that facilitate the evacuation of power from renewable energy zones and industrial clusters
- It is expected to participate in tariff-based competitive bidding (TBCB) processes for interstate transmission system (ISTS) projects
- The subsidiary will also serve as a Special Purpose Vehicle (SPV) to be transferred to successful bidders post project award
Governance and Management
- The board of Jalna Power Transmission comprises three directors: Arun Kumar Chaturvedi, Navita Dubal, and Neerajkumar Vijay Sharma
- The company is currently in its pre-operational phase, with no financials or annual general meetings reported yet
- It will operate under the strategic guidance of RECPDCL, which has a proven track record in executing transmission projects across India
Sectoral Context and National Relevance
- The incorporation aligns with India’s push to integrate 500 GW of non-fossil fuel capacity by 2030
- With increasing renewable energy generation in states like Maharashtra, robust transmission infrastructure is critical for grid stability and power evacuation
- REC’s initiative supports the government’s vision of building a modern, resilient, and green power grid
As India accelerates its energy transition, the formation of Jalna Power Transmission Limited marks another milestone in REC’s commitment to enabling infrastructure that powers inclusive and sustainable growth.
Sources: Falcon Ebiz, Ministry of Corporate Affairs, June 2025
