REC Limited has sold its project-specific SPV, Musalgaon Power Transmission Limited, to MSETCL, completing the transaction on September 9, 2026, after a competitive bidding process. The sale included 50,000 equity shares and related assets for ₹2,20,89,930. Musalgaon Power Transmission Limited is no longer a subsidiary of REC or RECPDCL post-transaction.
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