About Rectpcl Rec Transmission Projects Company Limited
REC Transmission Projects Company Limited (RECTPCL) is a wholly owned subsidiary of Rural Electrification Corporation Limited, a Navratna Public Sector Undertaking, and was incorporated on 8 January 2007 as public limited company. RECTPCLs registered office is situated at Core-4, SCOPE Complex, 7, Lodhi Road, New Delhi-110003, India. RECTPCL is engaged inter -alia in the business to promote, organize or carry on the consultancy services and/ or project implementation in any field relating to transmission and distribution of electricity in India or abroad.
In fiscal 2007, the Government initiated a scheme under the Electricity Act to invite private sector investments in major transmission projects pursuant to which private developers are proposed to become Transmission Service Provider on Build, Own, Operate and Maintain basis. In addition, post January 5, 2011, all inter-state transmission projects shall be implemented through tariff based competitive bidding basis barring few exceptions such as HVDC system, 1200kV transmission system etc.