Gurugram, 30th May, 2022: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the NBFC Navaratna CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle) formed for construction of
Gurugram: REC Limited has received Platinum recognition at the prestigious Titan Business Awards. REC was declared the winner in two categories: Financial Services and Fastest-growing Company of the year. Amongst several organisations from across the globe that were recognised, REC is the only
Gurugram, May 17 Vivek Kumar Dewangan (IAS,MN..1993) took charge as CMD of REC Limited. Speaking on the occasion, Dewangan said “REC is a corporation of national importance and has always been and shall continue to be the Government’s biggest partner
Gurugram, 13th May 2022: The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for Q4 & 12M FY22. Operational and Financial Highlights – FY22 vs FY21 (Standalone) Total Income: ₹39,230 crores vs. ₹35,410 crores, up 11%
Gurugram, 28th April 2022: As part of ‘Azadi Ka Amrit Mahotsav’ – to celebrate 75 years of India’s Independence, REC Limited, a public infrastructure finance company under the Ministry of Power organized a ‘Bijli Utsav’ in the states of Manipur, Odisha and Chattisgarh.
Gurugram, 7th April 2022: Being a responsible and responsive corporate citizen while also acknowledging its responsibility towards the society, more so, towards the needy and less served elderly people, REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary
Gurugram, 5th April 2022: REC Limited, a Navratna Enterprise under the Ministry of Power has committed financial assistance of about ₹1.34 Cr. under its CSR initiative for procurement and installation of medical equipment to help strengthen the healthcare services in
Gurugram, 17th March 2022: REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, handed over the project-specific SPV (Special Purpose Vehicle) formed for the construction of Transmission Project viz., ‘Transmission Scheme for Solar Energy Zone in Gadag (2500 MW),
Gurugram, 8th March 2022: REC Limited, the ‘Navratna’ NBFC under the administrative control of the Ministry of Power, celebrated International Women’s Day as part of ‘Azadi ka Amrit Mahotsav’ through a series of activities aimed at encouraging gender equality and inclusivity. The
Gurugram, 28th February 2022: As part of ‘Azadi Ka Amrit Mahotsav’ – to celebrate 75 years of Independence, REC Limited, a public infrastructure finance company under the Ministry of Power organized a ‘Bijli Utsav’ at Babura village in Bhojpur district near Patna
Gurugram, 4th February 2022:The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q3 FY22 today. Financial Highlights – Q3 FY22 vs Q3 FY21 (Standalone) Total Income – ₹10,039croresvs. ₹9,047 crores, up 11% Net
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
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
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
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
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
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
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
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
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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