{"id":11433,"date":"2015-04-21T11:41:36","date_gmt":"2015-04-21T11:41:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=11433"},"modified":"2015-04-21T11:41:36","modified_gmt":"2015-04-21T11:41:36","slug":"rural-electrification-corporation-incorporates-3-transmission-spvs-as-subsidiaries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rural-electrification-corporation-incorporates-3-transmission-spvs-as-subsidiaries\/","title":{"rendered":"Rural Electrification Corporation incorporates 3 transmission SPVs as subsidiaries"},"content":{"rendered":"<p>NEW DELHI: State-run Rural Electrification Corporation today said it has formed three subsidiaries with a focus on as many number of power transmission projects. <\/p>\n<p>&#8220;REC Transmission Projects, an arm of REC has incorporated three project specific Special Purpose Vehicles (SPVs) as its subsidiaries,&#8221; REC said in a filing to the BSE. <\/p>\n<p>The three SPVs &#8212; Vemagiri II Transmission Limited, NER II Transmission Limited and Alipurduar Transmission Limited &#8212; have been absorbed as subsidiaries of REC Transmission Projects. <\/p>\n<p>The transmission projects or schemes include the strengthening of transmission system beyond Vemagiri, NER system strengthening system &#8211; II, and transmission system strengthening in Indian system for transfer of power from new hydel plants in Bhutan. <\/p>\n<p>Following the announcement, shares of REC were trading at Rs 325, up 0.12 per cent on the BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run Rural Electrification Corporation today said it has formed three subsidiaries with a focus on as many number of power transmission projects. &#8220;REC Transmission Projects, an arm of REC has incorporated three project specific Special Purpose Vehicles (SPVs) as its subsidiaries,&#8221; REC said in a filing to the BSE. The three SPVs &#8212; Vemagiri II Transmission Limited, NER II Transmission Limited and Alipurduar Transmission Limited &#8212; have been absorbed as subsidiaries of REC Transmission Projects. The transmission projects or schemes include the strengthening of transmission system beyond Vemagiri, NER system strengthening system &#8211; II, and transmission system strengthening [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-11433","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/11433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=11433"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/11433\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=11433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=11433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=11433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}