New Delhi, Nov 22: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited the NBFC Maharatna Company, CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle), formed
Gurugram, 20th October, 2022: In an event organized at Mumbai, REC Limited – A Maharatna CPSE under Ministry of Power, signed a loan agreement with Mumbai Metropolitan Region Development Authority (MMRDA) for nine metro projects being developed in the Mumbai
Gurugram, 19th October, 2022: REC Limited and Power Finance Corporation Limited (PFC) – Maharatna CPSEs under the Ministry of Power have signed a Memorandum of Loan Agreement with SJVN Thermal Private Ltd. (STPL) for financing2x660 MW coal based Buxar Thermal
Gurugram, Oct 18 REC Limited – A Maharatna CPSE and Power Finance Corporation Limited (PFC) have signed a Memorandum of Agreement (MoA) with SJVN Thermal Private Ltd. (STPL) for financing2x660 MW coal based Buxar Thermal Power Plant (BTPP). The MoA was
Gurugram, 14th October, 2022: In a ceremony held in Bengaluru, REC Limited – A Maharatna CPSE under the aegis of Ministry of Power bagged the ‘Best Public Sector IT Project ‘ award at the Technology Excellence Awards 2022. RP Vaishnaw, Executive Director
Gurugram; 3rd October, 2022: REC Limited, a Maharatna CPSE, has extended Rs.15.89 Cr under its CSR initiatives to Swami Vivekananda National Institute of Rehabilitation Training and Research (SVNIRTAR) for construction of 100 bedded Annex Hospital “REC Centre of Excellence for
Gurugram, 30thSeptember, 2022: REC Limited has been recognized as the ‘Best PSU’ in the Financial Services category and also as the ‘Best Navratna’ by Dun&Bradstreet for FY21-22. The ceremony took place in New Delhi. Executive Directors of REC, TSC Bosh
Gurugram, 30th September, 2022: REC Limited has been recognized as the ‘Best PSU’ in the Financial Services category and also as the ‘Best Navratna’ by Dun & Bradstreet for FY21-22. The ceremony took place in New Delhi. Executive Directors of REC, TSC
Gurugram, 15th September, 2022: REC Limited, under its CSR initiative has committed a sum of ₹100 crore for the development of sports in India. The funds will assist sports persons to excel in their respective field by providing opportunities to train
Gurugram, 15th September, 2022: REC Limited, under its CSR initiative has committed a sum of ₹100 crore for the development of sports in India. The funds will assist sports persons to excel in their respective field by providing opportunities to
New Delhi, Sept 07: Power Finance Corporation Limited (PFC) has successfully resolved yet another stressed project, 600 MW Thermal Power Project of Jhabua Power Ltd., situated in Seoni district of Madhya Pradesh. PFC is the largest lender to the project,
Gurugram, 4th August, 2022: As a step towards addressing the issue of mounting dues of the State power utilities which has now crossed ₹1,50,000 crore, the Ministry of Power, Govt. of India has issued Electricity, (Late Payment Surcharge and Related Matters) Rules,
Gurugram, 17th June, 2022: Abdul Latif Jameel Poverty Action Lab (J-PAL) South Asia, REC Limited (a public infrastructure finance company under the Ministry of Power, Government of India), and Energy Policy Institute at the University of Chicago (EPIC) partnered to organize a
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
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