REC Power Development and Consultancy Limited (RECPDCL) has transferred two project specific special purpose vehicles (SPV): Rajasthan IV-C Power Transmission Limited for Rs 185.2 million and Rajasthan IV-E Power Transmission Limited for Rs 185.4 million to Power Grid. It will be implemented on build, own, operate and transfer (BOOT) model. Further, RECPDCL has transferred the project-specific SPV, Rajasthan IV-A Power Transmission Limited to Apraava Energy Private Limited (AEPL) for 50,000 shares at par value.
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