In Short : REC Limited has formed a subsidiary, RECPDCL, to develop renewable power transmission infrastructure in Madhya Pradesh. The subsidiary will support the state’s renewable energy targets, aiming for 20% of electricity from renewables by FY 2024 and 50% by FY 2030. This initiative aligns with India’s renewable energy goals and strengthens clean energy integration into the state’s grid.
In Detail : REC Limited has launched a new subsidiary focused on the renewable power sector in Madhya Pradesh. The new entity, REC Power Development and Consultancy Limited (RECPDCL), aims to develop and manage infrastructure for renewable energy projects in the region. This strategic move aligns with India’s broader push to enhance its renewable energy capacity and promote sustainable energy sources across the country.
The new subsidiary will primarily focus on the development of power transmission infrastructure needed to evacuate energy generated from renewable sources. With Madhya Pradesh setting ambitious targets to generate a significant portion of its electricity from renewables, RECPDCL will play a key role in supporting these goals by ensuring the smooth integration of renewable energy into the state’s grid.
This development is particularly crucial as Madhya Pradesh plans to achieve 20% of its electricity from renewable sources by FY 2024, 30% by FY 2027, and 50% by FY 2030. The formation of this subsidiary will enable the state to meet these targets by improving transmission capabilities and facilitating the flow of clean energy from solar, wind, and other renewable sources to the grid.
RECPDCL’s role will also extend to identifying and managing renewable power transmission projects, a key component in scaling up the state’s renewable energy infrastructure. As India strives to reduce its dependence on fossil fuels, such initiatives are vital to achieving the country’s renewable energy targets set for the coming decades.
This move underscores REC’s commitment to supporting India’s renewable energy transformation. By establishing this subsidiary, the company is not only helping to meet the growing demand for clean energy in Madhya Pradesh but also contributing to India’s overall renewable energy objectives. This development is expected to boost investment in the region’s clean energy infrastructure.
With its focus on renewable energy transmission, the new subsidiary of REC Limited will also create job opportunities, stimulate economic growth, and encourage further investments in the renewable energy sector. It is a step toward ensuring energy security in Madhya Pradesh while promoting environmental sustainability and supporting India’s clean energy transition.
