New Delhi, 08th August 2019: REC Limited received the first prize for “Best House Journal (English)” at the SCOPE Corporate Communication Excellence Awards 2019. REC Limited bagged the second prize for “Best Corporate Communications-Internal” for its employee engagement programme “REC Engage”
Interest income INCREASES BY 22% to Rs. 6,972 crore for Q1 fy20 LOAN BOOK GROWS BY 20% TO Rs. 2.91 lakh CRORE New Delhi, 6th August 2019: The Board of Directors of REC Limited (formerly Rural Electrification Corporation Limited) approved
REC Ltd., a Navratna NBFC, founded in 1969, celebrated its 50th Foundation Day on 25th July 2019 at an event held in New Delhi. The company has funded projects across the power sector value chain to the tune of nearly
PRICING OF USD 650 MILLION3.375% FIXED RATE SENIOR UNSECURED DOLLAR NOTES OF 5-YEAR TENOR REC Limited has successfully raised USD 650 million (INR 4,450 crore), 5-year bond from REG S Bonds under the established Global Medium Term Programme of USD
REC extends CSR support for Rs. 1.34 crore to National Association for the Blind for the project, holistic Education & Rehabilitation for Children with Blindness at R.K Puram Campus, Delhi. REC Limited, A Govt. of India Navratna Enterprise, committed financial
REC Ltd. (formerly Rural Electrification Corporation Limited) has signed a performance-based ‘Memorandum of Understanding’ (MoU) with Power Finance Corporation Ltd (PFC) detailing various targets to be achieved by REC during FY 2019-20. The MoU has been signed by Shri Rajeev
New Delhi, 13th June 2019 India’s leading power sector financer REC Limited (A Navratna – Government of India Enterprise) celebrated World Blood Donor by organizing a blood donation drive at its Corporate Office on 13th June 2019 in collaboration with Lions
New Delhi, 4th June 2019: REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with Agewell Foundation in New Delhifor providing digital literacy to senior citizen in Delhi/NCR.The project is aimed at empowering the
1st significant development last FY 2018-19 was acquisition of REC PFC has successfully completed the acquisition of REC Ltd. As regards the consolidated numbers for FY 2018-19 post PFC acquisition of REC is concerned Consolidated loan asset book is at
New Delhi, 24th May 2019: The Board of Directors of REC Limited (Formerly Rural Electrification Corporation Limited) approved the audited standalone financial results for Q4 and 12M FY19 today. Highlights – Q4 FY19 vs Q4 FY18 Sanctions – Rs. 22,256
REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with The Institution of Engineers (India) in Dehradun extending CSR support of Rs. 25 lakh for Renovating the Seminar Hall of the Institution of
Mumbai, Feb 19 The Power Finance Corporation (PFC) on Monday said that it plans to acquire government’s shareholding and management control of Rural Electrification Corporation (REC) by March 31, 2019. In December 2018, the central government had given an “in
Mumbai, 8th February 2019: The Board of Directors of REC Limited (Formerly Rural Electrification Corporation Limited) approved the unaudited standalone financial results for Q3 and 9M FY19 today. Highlights – Q3 FY19 vs Q3 FY18 – Sanctions – Rs. 28,587
New Delhi, Dec 7 The Cabinet Committee on Economic Affairs (CCEA) on Thursday accorded in-principle approval for the strategic sale of the governments existing 52.63 per cent majority shareholding in the Rural Electrification Corporation (REC) to the state-run Power Finance
REC Limited, the Navratna power sector financier, presented the REC-VoW Awards to authors for literary excellence on the 25th of November at the Valley of Word (VoW) Literature and Arts festival in Dehradun. The REC-VoW Awards were given in four
PRICING OF USD 700 MILLION 5.25 % FIXED RATE SENIOR UNSECURED DOLLAR NOTES OF 5-YEAR TENOR REC Limited has successfully raised USD 700 million (INR 5,140 crore), 5-year bond from its inaugural foray into the 144a market (US Securities and Exchange
The award was presented at the 18th London Global Convention in the presence of business leaders 25 October 2018: REC Limited, the state-owned ‘Navratna’ financier in the power sector, bagged the prestigious Golden Peacock Award 2018 for Excellence in Corporate
REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with Central Institute of Plastic Engineering & Technology (CIPET) extending a CSR support of Rs. 6.00 crore for skill development training (residential) to 1000
REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with Madurai Kamaraj University (MKU) for installation of 1 MWp solar PV system in MKU extending CSR support of Rs. 7.25 crore. The project
New Delhi, July 24 Rural Electrification Corporation Limited (REC Limited) has been awarded the Dun & Bradstreet PSU Awards 2018 for ‘Excellence in Financial Services’ at the function held in New Delhi on 24th July 2018. The Award was received by Shri
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