Mandar Transmission Limited is a project specific SPV, incorporated on 26th March 2018 at New Delhi as wholly owned subsidiary of REC Transmission Projects Company Limited. RECTPCL has been appointed as Bid Process Co-ordinator by Government of Jharkhand vide notification no. 03/06/17/2648 dated 21/08/2017 for selection of the developer for the project. On completion of the bid process, the successful bidder is to acquire one hundred percent (100%) of the equity shares of the company along with all its related assets and liabilities.
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