# REC Power Development and BHEL form 50:50 joint venture for renewable energy projects

The board of REC approved the formation of a joint venture between its wholly owned subsidiary REC Power Development & Consultancy and Bharat Heavy Electricals, with 50:50 shareholding, for joint development of renewable energy and other power and infrastructure projects.

- Type: Partnership
- Announced: 2025-05-08
- Where: India
- Status: announced
- Products: renewable energy projects, power infrastructure
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Bharat Heavy Electricals](https://endata.com/companies/1451.md) (partner)
- [REC Power Development and Consultancy](https://endata.com/companies/58423.md) (partner)
- [REC](https://endata.com/companies/84628.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/board-of-rec-approves-jv-between-rec-power-development-and-bhel-125050801561_1.html), 2025-05-08: "The board of REC at its meeting held on 08 May 2025 has approved the formation of a joint venture between REC Power Development & Consultancy and Bharat Heavy Electricals in the shareholding of 50:50 for joint development of renewable energy / other power and infrastructure projects."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.