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REC’s subsidiary RECPDCL handed over the ‘Rajgarh Transmission Limited’, the Project SPV to M/s G R Infraprojects Limited

REC’s subsidiary RECPDCL handed over the ‘Rajgarh Transmission Limited’, the Project SPV to M/s G R Infraprojects Limited

🕔18:40, 1.Jun 2022

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

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REC Limited wins Platinum at Titan Business Awards

REC Limited wins Platinum at Titan Business Awards

🕔18:53, 30.May 2022

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

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Vivek Kumar Dewangan takes charge as Chairman & Managing Director of REC Limited

Vivek Kumar Dewangan takes charge as Chairman & Managing Director of REC Limited

🕔10:26, 19.May 2022

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

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REC records its highest annual profit at ₹10,046 Crores

REC records its highest annual profit at ₹10,046 Crores

🕔08:34, 15.May 2022

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%

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

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

🕔05:18, 29.Apr 2022

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.

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RECPDCL commits CSR support to Healthy Aging India for providing cost-effective living facility

RECPDCL commits CSR support to Healthy Aging India for providing cost-effective living facility

🕔07:09, 7.Apr 2022

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

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REC provides CSR support of ₹1.34 Cr. to District Health & Family Welfare Society, Faridabad

REC provides CSR support of ₹1.34 Cr. to District Health & Family Welfare Society, Faridabad

🕔20:09, 6.Apr 2022

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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REC’s subsidiary RECPDCL handed over the ‘Gadag Transmission Limited’, the Project SPV to M/s ReNew Transmission Ventures Private Limited

REC’s subsidiary RECPDCL handed over the ‘Gadag Transmission Limited’, the Project SPV to M/s ReNew Transmission Ventures Private Limited

🕔05:25, 18.Mar 2022

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),

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REC marks International Women’s Day under Azadi ka Amrit Mahotsav

REC marks International Women’s Day under Azadi ka Amrit Mahotsav

🕔10:38, 9.Mar 2022

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

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

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

🕔15:31, 1.Mar 2022

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

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REC Q3 results: Net profit up 23% at Rs 2,773 cr

REC Q3 results: Net profit up 23% at Rs 2,773 cr

🕔19:29, 4.Feb 2022

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

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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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