REC Limited Appoints Power Sector Veteran Thangarajan Subash Chandira Bosh as Director (Projects)

2 min read     Updated on 03 Oct 2025, 07:18 PM
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Ashish ThakurScanX News Team
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Overview

REC Limited, a 'Maharatna' CPSU under the Ministry of Power, has appointed Shri Thangarajan Subash Chandira Bosh as the new Director (Projects). Bosh, with over 35 years of experience in the power sector, will serve until May 31, 2029, or until further orders. He previously held positions as Executive Director at REC and CEO at REC Power Development & Consultancy Limited. Bosh has been instrumental in implementing major national electrification programs and has expertise in project financing and management across various power sector segments.

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*this image is generated using AI for illustrative purposes only.

REC Limited , a premier NBFC and 'Maharatna' CPSU under the Ministry of Power, Government of India, has announced a significant addition to its leadership team. Shri Thangarajan Subash Chandira Bosh has been appointed as the new Director (Projects) of the company, bringing over 35 years of extensive experience in the power sector to the role.

Appointment Details

The Ministry of Power, through an official order dated October 3, 2025, confirmed Bosh's appointment. His tenure is set to begin from the date of assuming charge and will continue until May 31, 2029, or until further orders, whichever comes earlier. Bosh took charge of his new position on October 3, 2025.

Rich Experience and Previous Roles

Prior to this appointment, Bosh served as the Executive Director at REC and held the position of Chief Executive Officer at REC Power Development & Consultancy Limited. His career spans various leadership roles, showcasing his expertise in strategic decision-making, business development, and stakeholder coordination.

Key Contributions to National Electrification Initiatives

Bosh has played a pivotal role in the successful implementation of major national electrification programs. His contributions include:

  • Instrumental in rolling out the Deen Dayal Upadhyaya Gram Jyoti Yojana, which brought electricity to thousands of remote villages.
  • Key player in the Pradhan Mantri Sahaj Bijli Har Ghar Yojana – Saubhagya scheme, which achieved the landmark goal of universal household electrification in India.

Expertise in Project Financing and Management

In his previous role as Executive Director (Engineering) at REC, Bosh demonstrated exceptional project leadership and strategic foresight. His responsibilities included:

  • Steering the financing of power and infrastructure sector projects across state-owned and private sector entities.
  • Evaluating and funding critical projects in Power Generation, Transmission & Distribution, and Renewable Energy segments.
  • Implementing large-scale Power Transmission & Distribution projects for the Government of India.

Broad Oversight and Vision

Bosh's strategic oversight extends to various corporate functions, including:

  • Business Development
  • Human Resources
  • Information Technology
  • Corporate Social Responsibility
  • Project Monitoring
  • Corporate Communications

His appointment is expected to further strengthen REC's position as a key enabler in India's power and infrastructure development sectors.

Regulatory Compliance

REC Limited has confirmed that Shri Thangarajan Subash Chandira Bosh is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority, ensuring compliance with regulatory requirements.

As REC Limited welcomes Shri Bosh to this crucial role, the power sector will be watching closely to see how his extensive experience and visionary leadership will contribute to the company's growth and India's energy landscape.

Historical Stock Returns for REC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.60%+1.63%+2.45%-1.64%-24.41%+402.53%

REC Expands Power Transmission Portfolio with Two New Subsidiaries

1 min read     Updated on 30 Sept 2025, 06:49 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

REC Limited has incorporated two new wholly-owned subsidiaries through its subsidiary RECPDCL: Kempegowda Power Transmission Limited and Barmer HVDC Power Transmission Limited. Each has an authorized and paid-up capital of ₹5,00,000. Kempegowda will establish a 400 kV Layout in Bengaluru, while Barmer will focus on power evacuation from Rajasthan REZ Ph-IV. Both will operate under Tariff Based Competitive Bidding guidelines and will be transferred to successful bidders once selected.

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*this image is generated using AI for illustrative purposes only.

REC Limited, a Maharatna company under the Government of India, has announced the incorporation of two new wholly-owned subsidiaries, marking a significant expansion in its power transmission operations.

New Subsidiaries

REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, has established two new companies:

  1. Kempegowda Power Transmission Limited
  2. Barmer HVDC Power Transmission Limited

Both entities were incorporated on September 30, with an authorized and paid-up capital of ₹5,00,000 each.

Project Details

Kempegowda Power Transmission Limited

This subsidiary was formed in response to an order dated May 16 from the Energy Department, Government of Karnataka. The company will focus on:

  • Establishing a 400 kV Kempegowda Layout in Bengaluru Urban
  • Acting as the Bid Process Coordinator (BPC) for selecting a bidder for the project

Barmer HVDC Power Transmission Limited

Created following a Gazette Notification dated August 29 by the Ministry of Power, Government of India, this subsidiary will:

  • Establish a Transmission System for Evacuation of Power from Rajasthan REZ Ph-IV (Part-5:6 GW) [Barmer Complex]
  • Focus on Barmer-II: 6 GW (Solar) (LCC Configuration)
  • Serve as the BPC for selecting a bidder for the project

Bidding Process and Future Ownership

Both subsidiaries will operate under the Tariff Based Competitive Bidding (TBCB) guidelines. Once a successful bidder is selected, each company will be transferred to the respective bidder along with all assets and liabilities.

Industry Impact

These new subsidiaries underscore REC's commitment to expanding India's power transmission infrastructure. By facilitating the development of key transmission projects in Karnataka and Rajasthan, REC is playing a crucial role in enhancing the country's renewable energy capacity and improving power distribution.

Corporate Structure

As wholly-owned subsidiaries of RECPDCL, both new entities are also considered subsidiaries of REC Limited, as per Section 2(87) of the Companies Act, 2013. This structure allows REC to maintain strategic control while preparing for eventual transfer to successful bidders.

The establishment of these subsidiaries demonstrates REC's proactive approach in supporting India's growing energy needs and its commitment to facilitating efficient power transmission across the country.

Historical Stock Returns for REC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.60%+1.63%+2.45%-1.64%-24.41%+402.53%
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