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CERC Grants Inter-State Trading Licence to REC Power Development & Consultancy Ltd (RECPDCL)
Jan 23, 2025
The Central Electricity Regulatory Commission (CERC) has awarded a "Category I" inter-state trading licence to REC Power Development & Consultancy Ltd (RECPDCL), a subsidiary of REC Ltd.
This licence, valid for 25 years, empowers RECPDCL to trade electricity across India, marking a significant step for the organization in facilitating inter-state energy transactions and bolstering the country's power market.
This development is expected to enhance energy accessibility, promote efficiency in electricity distribution, and support India's transition to a more robust and integrated power sector.