Ratle Kiru Power Transmission, 37.7% 31mar2031, INR (2, Conv.) (FIGI BBG01W8R2G84, INE1X6V08018)
Tahviller, Konvertibl, Interest at Maturity, Senior Unsecured
Tahviller, Konvertibl, Interest at Maturity, Senior Unsecured
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Ratle Kiru Power Transmission Limited was incorporated on 23 October, 2024. The company operates in the power transmission sector, specifically developing an inter-state transmission system (ISTS) scheme for evacuation of power from the Ratle (850 MW) ...
Ratle Kiru Power Transmission Limited was incorporated on 23 October, 2024. The company operates in the power transmission sector, specifically developing an inter-state transmission system (ISTS) scheme for evacuation of power from the Ratle (850 MW) and Kiru (624 MW) hydropower projects located in the Union Territory of Jammu & Kashmir, India. The company was established as a special purpose vehicle (SPV) by REC Power Development & Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Limited, to develop and implement the transmission scheme under a tariff-based competitive bidding process. The project includes construction of high-voltage transmission lines and associated infrastructure to connect the hydropower projects to the grid.
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