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REC board okays incorporation of 7 SPVs to facilitate evacuation of renewable energy

The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia approved the proposal for incorporation of seven project specific special purpose vehicles (SPVs) as wholly-owned subsidiaries of REC Transmission Projects Company Ltd New Delhi: State-owned shadow banking firm REC Ltd on Wednesday said its board has approved a proposal […]

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