REC Limited sells Ryapte Power Transmission SPV to Tata Power Company Limited

Type: Sale · Technology: Transmission · Country: India · Announced: 2026-07-31

REC Limited sold its project‑specific special purpose vehicle, Ryapte Power Transmission Limited, to Tata Power Company Limited, completing the transfer after receiving the required consideration. The transaction, announced in July 2026, was conducted through a competitive bidding process overseen by the regulator. Ryapte Power Transmission Limited is a transmission asset that will be integrated into Tata Power’s existing grid portfolio in India. The acquisition expands Tata Power’s transmission footprint, supporting its strategy to strengthen network reliability across key regions. The deal underscores REC Limited’s focus on monetising non‑core assets while Tata Power accelerates its infrastructure growth. No financial advisors or legal counsel were disclosed in the announcement.

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