Gurugram, 1stNovember 2021: 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
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
New Delhi, 29th October 2021: The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q2 FY22 today. Financial Highlights – Q2 FY22 vs Q2 FY21 (Standalone) Total Income – Rs. 10,079 crores vs. Rs. 8,791
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
New Delhi, Oct 11 REC is the only company globally to commercialise tech that consumes 75 per cent less power than the Chinese companies. RIL acquired REC Group, an integrated solar PV maker, for S$771m. REC is the only player
N.K. Premachandran and Suresh Purjari, MPs and Members of Committee on Subordinate Legislation, Lok Sabha, along with Ajoy Choudhury, Director (Finance), REC visited the NHPC NimmoBazgo Power Station (UT of Ladakh) on 03.10.2021. During the visit A.K. Singh, CMD, NHPC
Gurugram, 30th September 2021: 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 Dharmawala, Vikasnagar Block of Dehradun district and
New Delhi, Sept 30: Union Minister of Power and New & Renewable Energy, RK Singh has given his assent to amendments in the existing Renewable Energy Certificate (REC) mechanism. The intent behind this decision is to align the ‘mechanism’ with
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
Lucknow, Aug 11 The huge investments being made by companies in the solar energy sector have opened up great opportunities for permanent employment in Uttar Pradesh. The UP government’s Solar Energy Policy 2017 is not only dispelling darkness from every
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 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
New Delhi, July 16 – Union Minister of Power, New and Renewable Energy, R.K. Singh today released the “Ranking &Ninth Integrated Ratings for State-owned Power Distribution Utilities” on the occasion of PFC’s 36th Foundation Day in the presence of Krishan
REC Power Distribution Company Limited (RECPDCL), a wholly owned subsidiary of REC Limited under Ministry of Power, handed over two projects specific Special Purpose Vehicles (SPVs) ‘Fatehgarh Bhadla Transco Limited’ & ‘Sikar New Transmission Limited’ to M/s Power Grid Corporation
नई दिल्ली, 28 मई 2021: आरईसी लिमिटेड के निदेशक मंडल द्वारा आज वित्तीय वर्ष 2020-21 की चौथी तिमाही और 12 महीने के लेखापरीक्षित स्टैण्डअलोन और कंसोलिडेटेड वित्तीय परिणामों को जारी कर दिया गया है। प्रमुख प्रचालन एवं वित्तीय बिंदु- वित्तीय वर्ष 2019-20 और
New Delhi, 28th May 2021:The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for Q4 & 12M FY21 today. Operational and Financial Highlights –FY21 vs FY20 (Standalone) Sanctions – Rs. 1,54,821 crore vs.Rs. 1,10,908
REC Limited, a leading NBFC, through its CSR arm REC Foundation has committed financial assistance to the tune of ₹ 1.01 crore under its CSR initiative to Haryana CSR Advisory Board. As part of the project, more than 10,000 candidates
New Delhi, Mar 31 PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of Indian Power Sector capturing a significant market share in financing Indian Power Sector. PFC and REC as group companies have been aligning
NEW DELHI . Power Finance Corporation Ltd secured 2nd runner-up position in the recently concluded Power Cup 2021 (Delhi) T-20 Cricket Tournament. Power Cup 2021 (Delhi) was organized by NHPC. A total of 8 teams including teams from the Ministry
Power sector behemoth and one of India’s largest NBFCs, REC Limited through its CSR arm REC Foundation has committed financial assistance to the tune of ₹ 4.33 crore under its CSR initiative to Tata Memorial Centre for strengthening cancer screening
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