New Delhi, May 20 (PTI) REC Power Development and Consultancy Limited (RECPDCL) has incorporated Mekhali Power Transmission Limited as its wholly-owned subsidiary to set up a substation in Karnataka.

RECPDCL is a wholly-owned subsidiary of state-owned REC, a non-banking finance company (NBFC) under the Ministry of Power focusing on power sector financing in India.

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The company has been incorporated for establishing a 400 KV substation at Mekhali along with associated transmission lines at Belagavi in Karnataka.

Mekhali Power Transmission Limited has been incorporated on May 20, 2025.

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After selection of the successful bidder in accordance with the tariff-based competitive bidding guidelines, the company would be transferred to the successful bidder along with all assets and liabilities.

RECPDCL acts as the bid process coordinator for selection of transmission service provider for independent inter-state and intra-state transmission project assigned by the Ministry of Power and state governments.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)