REC Limited Incorporates Munak Power Transmission Limited for 400 KV Infrastructure

REC Limited has officially incorporated Munak Power Transmission Limited on January 5, 2026, with the Certificate of Incorporation received on January 7, 2026. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant expansion in its power transmission infrastructure portfolio.

Corporate Structure and Regulatory Details

Munak Power Transmission Limited (CIN: U42202DL2026GOI461101) has been established as a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which is itself a wholly owned subsidiary of REC Limited. Under Section 2(87) of the Companies Act, 2013, the entity also qualifies as a subsidiary company of REC Limited.

Corporate Parameter	Details
Incorporation Date	January 5, 2026
Certificate Received	January 7, 2026
CIN Number	U42202DL2026GOI461101
Authorized Capital	₹5.00 lakh
Paid-up Capital	₹5.00 lakh
Shareholding	100% by RECPDCL

Project Mandate and Infrastructure Scope

The incorporation follows Haryana Vidyut Prasaran Nigam Limited's (HVPNL) letter dated October 1, 2025, which allocated an intra-state transmission project to RECPDCL. Under this arrangement, RECPDCL has been appointed as Bid Process Coordinator (BPC) for selecting a bidder to create the 400 KV substation Munak (HVPNL) and its associated transmission lines.

Infrastructure Specification	Details
Substation Voltage	400 KV
Power Evacuation Capacity	800 MW
Source Location	DCRTPP, Yamunanagar
Selection Process	Tariff Based Competitive Bidding (TBCB)

Strategic Implementation Framework

The newly incorporated entity will facilitate the development of critical transmission infrastructure for evacuating 800 MW power from DCRTPP, Yamunanagar. Following the selection of a successful bidder through the TBCB guidelines, Munak Power Transmission Limited will be transferred to the winning bidder along with all associated assets and liabilities.

This operational model demonstrates REC's role in facilitating infrastructure development while ensuring competitive bidding processes for transmission projects. The 400 KV transmission infrastructure represents high-voltage technology essential for efficient long-distance power delivery and grid interconnection, supporting India's expanding electrical transmission network requirements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.60%	+4.09%	+5.12%	-5.16%	-27.95%	+246.16%

REC Limited witnessed significant institutional trading activity on the National Stock Exchange (NSE) through a substantial block trade transaction. The deal represents a notable movement in the stock, indicating active participation from large investors.

Block Trade Details

The transaction details highlight the scale of institutional interest in REC Limited shares:

Parameter:	Details
Total Shares Traded:	~697,074 shares
Price Per Share:	₹379.60
Total Transaction Value:	₹26.46 crores
Exchange:	National Stock Exchange (NSE)

Market Implications

Block trades of this magnitude typically involve institutional investors, mutual funds, or other large market participants. Such transactions are executed outside the regular market to avoid impacting the stock's market price during normal trading hours. The execution at ₹379.60 per share reflects the prevailing market conditions and investor sentiment towards REC Limited.

Transaction Significance

The ₹26.46 crore transaction represents a substantial investment in REC Limited, demonstrating continued institutional confidence in the company. Block trades often serve as indicators of portfolio restructuring activities among large investors or strategic positioning by institutional players in the financial services sector.