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REC achieves a ‘Perfect’ score on MoU parameters for FY21 – the best amongst all CPSEs

REC achieves a ‘Perfect’ score on MoU parameters for FY21 – the best amongst all CPSEs

🕔20:25, 24.Jan 2022

Gurugram, 24th January 2022: State-owned Non-Banking Financial Company and a ‘Navratna’ enterprise under administrative control of the Ministry of Power, REC Limited has been evaluated as the highest score of 100 for FY21 for the targets and milestones set by

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Progress of Revamped Distribution Sector Scheme

Progress of Revamped Distribution Sector Scheme

🕔19:53, 25.Dec 2021

Gurugram, 25th December 2021: The Ministry of Power, Government of India, had launched the Reforms-based and Results-linked, Revamped Distribution Sector Scheme (RDSS), with the objective to improve the operational efficiencies and financial sustainability of State owned DISCOMs/ Power Departments by providing financial

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REC commits ₹1.27 crore to NIMHANS to enhance mental health rehabilitation services

REC commits ₹1.27 crore to NIMHANS to enhance mental health rehabilitation services

🕔14:04, 24.Dec 2021

Gurugram, 23rd December 2021: REC Limited has committed financial assistance of about ₹1.27 crore under its CSR initiative to Psychiatric Rehabilitation Services department (PRS) of NIMHANS in Bengaluru. The objective of the project is to promote growth and development of mental

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‘Bijli Utsav’ organized by REC in Kevadia as part of Azadi Ka Amrit Mahotsav

‘Bijli Utsav’ organized by REC in Kevadia as part of Azadi Ka Amrit Mahotsav

🕔11:16, 1.Nov 2021

Gurugram, 29th October 2021: As part of ‘Azadi Ka Amrit Mahotsav’ – to celebrate 75 years of Independence and in remembrance of the Iron Man of India Vallabhbhai Patel, REC Limited, a public sector company under the Ministry of Power organized a

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REC Limited closes US$75million SOFR linked Term Loan with Sumitomo Mitsui Banking Corporation (SMBC)

REC Limited closes US$75million SOFR linked Term Loan with Sumitomo Mitsui Banking Corporation (SMBC)

🕔15:39, 20.Oct 2021

Gurugram, 20th October 2021: In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore

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REC Limited and J-PAL South Asia enter Data-sharing Agreement

REC Limited and J-PAL South Asia enter Data-sharing Agreement

🕔21:09, 22.Sep 2021

Gurugram, 22nd September 2021: REC Limited, a public infrastructure finance company under the Ministry of Power and the Abdul Latif Jameel Poverty Action Lab (J-PAL) South Asia are partnering to create an annual, data-based assessment of 79 public and private power distribution

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REC ANNOUNCED ITS QUARTERLY PROFIT AT RS. 2,247 CRORES

REC ANNOUNCED ITS QUARTERLY PROFIT AT RS. 2,247 CRORES

🕔20:44, 5.Aug 2021

DECLARES FINAL DIVIDEND OF RS. 1.71 PER SHARE OF RS. 10 EACH FOR FY 2020-21 DECLARES INTERIM DIVIDEND OF RS. 2 PER SHARE OF RS. 10 EACH FOR FY 2021-22  New Delhi, 5th August 2021: The Board of Directors of REC

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REC provides ₹ 4.99 crore for Construction of Operation Theater in Ayodhya

REC provides ₹ 4.99 crore for Construction of Operation Theater in Ayodhya

🕔09:37, 1.Aug 2021

REC Limited has committed financial assistance to the tune of ₹ 4.99 crore through its CSR arm REC Foundation to The Leprosy Mission Hospital. As part of the project, ₹ 42 lakh has been sanctioned for “Construction of Operation Theater

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Cabinet Minister for Power and MoS for Power inaugurate REC’s New Corporate Office at Gurugram, Haryana

Cabinet Minister for Power and MoS for Power inaugurate REC’s New Corporate Office at Gurugram, Haryana

🕔05:31, 26.Jul 2021

REC Celebrates its 52nd Foundation Day at its New Corporate Office at Gurugram, Haryana Report on Key Regulatory Parameters of Power Utilities Released by Cabinet Minister for Power and Minister of State for Power On the occasion of 52nd foundation Day

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R K Singh, Power Minister releases “Ranking &9th Integrated Rating of State Power Distribution utilities” Report

R K Singh, Power Minister releases “Ranking &9th Integrated Rating of State Power Distribution utilities” Report

🕔05:48, 17.Jul 2021

New Delhi, July 16 – Union Minister of Power, New and Renewable Energy, R.K. Singh today released the “Ranking &Ninth Integrated Ratings for State-owned Power Distribution Utilities” on the occasion of PFC’s 36th Foundation Day in the presence of Krishan

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REC Records Its Highest Ever Yearly Profit At Rs. 8,362 Crores

REC Records Its Highest Ever Yearly Profit At Rs. 8,362 Crores

🕔20:45, 28.May 2021

New Delhi, 28th May 2021:The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for Q4 & 12M FY21 today. Operational and Financial Highlights –FY21 vs FY20 (Standalone) Sanctions – Rs. 1,54,821 crore vs.Rs. 1,10,908

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REC organizes Covid-19 vaccination camp

REC organizes Covid-19 vaccination camp

🕔20:25, 12.May 2021

New Delhi, 12th May 2021: REC Limited, a Navratna CPSE under the Ministry of Power had organized a vaccination camp on the occasion of International Nurses Day in collaboration with Apollo Hospitals for employees of various Power Sector CPSEs and their family

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REC to Support Education Project of Haryana CSR Advisory Board

REC to Support Education Project of Haryana CSR Advisory Board

🕔12:54, 12.Apr 2021

REC Limited, a leading NBFC, through its CSR arm REC Foundation has committed financial assistance to the tune of ₹ 1.01 crore under its CSR initiative to Haryana CSR Advisory Board. As part of the project, more than 10,000 candidates

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REC RECORDS ITS HIGHEST EVER QUARTERLY PROFIT AT RS. 2,263 CRORES

REC RECORDS ITS HIGHEST EVER QUARTERLY PROFIT AT RS. 2,263 CRORES

🕔21:35, 4.Feb 2021

New Delhi, 4 February 2021:The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q3&9MFY21. Operational and Financial Highlights – Q3 FY21 vs Q3 FY20 (Standalone) Total Income – Rs.9,047crore vs. Rs. 7,653 crore,

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आरईसी द्वारा राजभाषा गोष्ठी का आयोजन

आरईसी द्वारा राजभाषा गोष्ठी का आयोजन

🕔20:09, 22.Jan 2021

नई दिल्ली: आरईसी लिमिटेड द्वारा 21 जनवरी 2021 को निगम कार्यालय, नई दिल्ली में राजभाषा गोष्ठी का आयोजन किया गया। इस गोष्ठी के मुख्य अतिथि डॉ. सुमीत जैरथ, सचिव, राजभाषा विभाग, गृह मंत्रालय, भारत सरकार थे। श्री बी. एल. मीणा, निदेशक (सेवा), राजभाषा विभाग, गृह मंत्रालय भी गोष्ठी में उपस्थित थे। आरईसी के सीएमडी श्री संजय मल्होत्रा, निदेशक (तकनीकी) श्री संजीव

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Recognition for REC’s Corporate Communications Team

Recognition for REC’s Corporate Communications Team

🕔12:41, 12.Nov 2020

Leading power financier and one of India’s premier NBFCs, REC Limited’s corporate communication team was recognized as one of the ‘Top 30 Corporate Communication Teams’ in India by Reputation Today. Reputation Today is a quarterly print magazine that features the

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REC bags SKOCH Award for ‘Response To Covid’

REC bags SKOCH Award for ‘Response To Covid’

🕔05:15, 4.Nov 2020

State-run power financier, REC Limited has bagged the Skoch Award (Gold) in the ‘Response To Covid’ category. CMD of REC Limited, Shri Sanjeev Kumar Gupta was presented with the award through a virtual ceremony. Notably, REC Limited has undertaken several measures

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संसदीय राजभाषा समिति की दूसरी उपसमिति ने 03 अक्टूबर, 2020 को आरईसी निगम कार्यालय, नई दिल्ली का निरीक्षण किया

संसदीय राजभाषा समिति की दूसरी उपसमिति ने 03 अक्टूबर, 2020 को आरईसी निगम कार्यालय, नई दिल्ली का निरीक्षण किया

🕔14:40, 8.Oct 2020

संसदीय राजभाषा समिति की दूसरी उपसमिति ने 03 अक्टूबर, 2020 को आरईसी निगम कार्यालय, नई दिल्ली का निरीक्षण किया। इस दौरान समिति ने कंपनी के हिंदी कार्यों की समीक्षा की और हिंदी के प्रचार-प्रसार के लिए कंपनी द्वारा किए जा रहे प्रयासों की सराहना की।

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REC supports setting up of 2 MW Solar Power plant at IIM Tiruchirapalli

REC supports setting up of 2 MW Solar Power plant at IIM Tiruchirapalli

🕔05:13, 3.Oct 2020

REC foundation, the CSR arm of REC Limited has funded the setting up of a 2 MW solar power plant at IIM Tiruchirapalli. The inauguration of the power plant was held online through a digital platform. Chief Guest, Shri SK

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REC committed to achieve ambitious MoU Targets

REC committed to achieve ambitious MoU Targets

🕔19:01, 1.Oct 2020

New Delhi, Sep 30: Department of Public Enterprises (DPE) has finalised ambitious targets for REC Ltd in the ongoing financial year. Revenue target for FY2021 has been set at Rs. 35,000 Cr, up by 17.5% from the previous year achievement. Operating

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