{"id":305817,"date":"2019-12-16T12:06:47","date_gmt":"2019-12-16T06:36:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305817"},"modified":"2019-12-16T12:13:40","modified_gmt":"2019-12-16T06:43:40","slug":"rec-divest-entire-stake-in-its-subsidiary-to-power-grid-corporation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-divest-entire-stake-in-its-subsidiary-to-power-grid-corporation\/","title":{"rendered":"REC divest entire stake in its subsidiary to Power Grid Corporation"},"content":{"rendered":"<p>REC informed the bourses that it has sold the entire shareholding of REC Transmission Projects Company (RECTPCL), a wholly-owned subsidiary, in Rampur Sambhal Transco to Power Grid Corporation of India. RECTPCL has received \u20b97.06 crore by selling 50,000 shares of Rampur Sambhal Transco along with all its assets and liabilities on December 12. Shares of REC closed 0.78 per cent higher at \u20b9136.10 while those of Power Grid rose 1.06 per cent to \u20b9186.35 on the BSE on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REC informed the bourses that it has sold the entire shareholding of REC Transmission Projects Company (RECTPCL), a wholly-owned subsidiary, in Rampur Sambhal Transco to Power Grid Corporation of India. RECTPCL has received \u20b97.06 crore by selling 50,000 shares of Rampur Sambhal Transco along with all its assets and liabilities on December 12. Shares of REC closed 0.78 per cent higher at \u20b9136.10 while those of Power Grid rose 1.06 per cent to \u20b9186.35 on the BSE on Friday.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-305817","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305817","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305817"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305817\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}