REC Subsidiary Launches Vizag Entity for Green Hydrogen Initiative

REC Power Development and Consultancy Ltd (RECPDCL), a subsidiary of Rural Electrification Corporation Ltd

, incorporated Vizag Power Transmission Ltd on February 16, 2026, as a wholly owned subsidiary. This new entity, with authorized and paid-up capital of ₹5 lakh, will develop the transmission infrastructure for Phase I of proposed green hydrogen and green ammonia projects in Visakhapatnam, Andhra Pradesh. The setup complies with regulatory mandates, involving full equity subscription at face value, though operations remain pre-launch with zero turnover. REC shares closed 1.90% higher at ₹353.50, amid recent corporate shifts including its subsidiary status under Power Finance Corporation Ltd. This positions REC to support India's green energy expansion in the region. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.