REC Limited has announced the incorporation of a new wholly owned subsidiary, Ambernath Power Transmission Limited (CIN: U42202DL2025GOI460058). This new entity is a subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which itself is a wholly owned subsidiary of REC Limited. The incorporation of Ambernath Power Transmission Limited follows an order from the Government of Maharashtra dated October 3, 2025, which allocated an intra-state transmission project. RECPDCL has been appointed as the Bid Process Coordinator (BPC) for selecting a bidder for the establishment of a 400/220 kV GIS Ambemath project in the Thane district. Ambernath Power Transmission Limited has an authorized and paid-up capital of ₹5,00,000 each. As it is a newly incorporated company, it has no turnover to date. After the selection of a successful bidder through the Tariff Based Competitive Bidding (TBCB) process, this subsidiary company, along with its assets and liabilities, will be transferred to the successful bidder. The company operates within the Power Sector, and its primary objective is the establishment of the 400/220 kV GIS Ambemath project. The incorporation was completed on December 19, 2025, through a 100% subscription to the equity share capital in cash at face value.