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
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, 25th August, 2022: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a NBFC Navratna PSU CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle) formed for construction of Transmission
New Delhi, 18th August, 2022: The Minister of Power & New and Renewable Energy, R. K. Singh, launched the first ever Consumer Services Rating of DISCOMs (CSRD) for the FY 2020-21, in the Review Planning and Monitoring (RPM) Meeting with
Mumbai, Aug 18 (IANS) REC Group, an international pioneering solar energy company headquartered in Norway, and its new parent company, Reliance Industries Limited, are putting on a compelling show at Renewable Energy India (REI) from 28 to 30 September. REC is
New Delhi, 4th August, 2022: The Board of Directors of REC Limited, today approved the unaudited standalone and consolidated financial results for Q1 FY23. Operational and Financial Highlights –Q1 FY23 vs Q1 FY22 (Standalone) Net Interest Income: ₹ 3,880 crores vs. ₹
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, 15th July, 2022: V K Singh has taken charge as Director (Technical) of REC Limited with effect from 15th July, 2022. Before this elevation V K Singh had been Executive Director in REC holding portfolio of key business areas including
To initially offer Term Ahead Market (TAM), Green Term Ahead Market (GTAM) and Renewable Energy Certificates (REC) HPX to be powered by same technology that makes BSE the fastest exchange globally On Day 1 of operations, Hindustan Power Exchange Ltd
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: 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
New Delhi, May 23: Power Cup 2022, a T-20 cricket tournament hosted by NHPC is being organized from 22nd May to 12th June 2022 amongst teams from various power sector CPSUs under Ministry of Power/ MNRE. Alok Kumar, Secretary (Power), Govt. of
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, 31st March 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’ in the states of Assam, Rajasthan, Maharashtra and
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, 16th March 2022: The Energy Policy Institute at the University of Chicago (EPIC India) has signed a Memorandum of Understanding (MoU) with REC Limited, a public infrastructure finance company and REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned
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, 24th 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 Ananthapura village near Bengaluru in Karnataka. V.
Gurugram, 17th February 2022: REC Limited, a Navratna Enterprise under the Ministry of Power has committed financial assistance of about ₹7.50 Cr. under its CSR initiative for “Construction of REC – MSSC Motorsports Race Track and Sports Complex” at Lengpui, Mamit
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