Back to homepage

Tag "rec"

REC Contributes Rs.10 Crore to Swachh Bharat Kosh

REC Contributes Rs.10 Crore to Swachh Bharat Kosh

🕔13:14, 24.Apr 2018

REC Foundation, the CSR arm of REC Limited,the Navratna Govt. enterprise, has contributed Rs. 10.00 crore to the Swachh Bharat Fund for the contribution towards Swachh Bharat Abhiyaan aimed at making India clean open defecation free. This is REC’s third

Read Full Article
REC bags two awards at Dainik Bhaskar India Pride Award 2018

REC bags two awards at Dainik Bhaskar India Pride Award 2018

🕔20:43, 2.Apr 2018

REC received two awards during the 9th edition of India Pride Award organized by Dainik Bhasker Group at an awards ceremony held on 28th March 2018. Union Minister of Petroleum and Natural Gas, Shri Dharmendra Pradhan, gave away the eminent

Read Full Article
REC’s subsidiary handover SPV to M/s Power Grid Corporation of India Limited

REC’s subsidiary handover SPV to M/s Power Grid Corporation of India Limited

🕔06:47, 28.Mar 2018

New Delhi, March 27 REC Transmission Projects Company Limited, a wholly owned subsidiary of Rural Electrification Corporation Ltd, – a ‘Navratna’ Central Public Sector Undertaking, under Ministry of Power, handed over project specific Special Purpose Vehicle (SPV) “WR-NR Power Transmission

Read Full Article
REC raises $300 Million through Dollar Bond

REC raises $300 Million through Dollar Bond

🕔21:39, 15.Mar 2018

REC has successfully priced 10 year USD Reg-S Bond at a coupon of 4.625% and raised USD 300 million. The issuance received an excellent response with order book of more than USD 900 million. The net proceeds will be used

Read Full Article
NBCC TO BUILD REC TOWNSHIP – SIGNS MoU

NBCC TO BUILD REC TOWNSHIP – SIGNS MoU

🕔12:22, 9.Mar 2018

NBCC (India) Ltd., a Navratna CPSE, signed an MoU with Rural Electrification Corporation Ltd. (REC) on March 1, 2018 for construction of ‘REC Township’ at Gurugram (Haryana) at a project cost of approx. Rs 192 crores. The proposed Township shall

Read Full Article
REC, PFC not to give loans to discoms without loss-cutting plans

REC, PFC not to give loans to discoms without loss-cutting plans

🕔07:49, 9.Mar 2018

New Delhi, March 8 (IANS) The two financing arms of the Power Ministry have been directed not to grant loans to distribuition companies (discoms) making heavy losses unless these submit time-bound plans for reducing such losses, the Ministry said on Thursday.

Read Full Article
REC: A must for India to achieve renewable energy targets

REC: A must for India to achieve renewable energy targets

🕔12:30, 7.Feb 2018

Renewable Energy Certificates (RECs) have been in existence in India since 2011 to enable compliance of Renewable Purchase Obligations (RPOs). The country has made some progress towards creating a market mechanism for RECs, but a lot more needs to be

Read Full Article
REC Registers Sanctions of Rs. 95k crore in 9MFY18

REC Registers Sanctions of Rs. 95k crore in 9MFY18

🕔11:20, 7.Feb 2018

Rural Electrification Corporation (REC) Limited, a Navratna public sector company focused on financing power projects, announced its financial results for the quarter ended 31st December 2017 in a meeting held on 6th February 2018. The Net worth of the company

Read Full Article
REC Partners with T-Hub to Launch ‘REC Innovation Platform’

REC Partners with T-Hub to Launch ‘REC Innovation Platform’

🕔19:26, 1.Feb 2018

REC Foundation, the CSR arm of REC Limited, has joined hands with Telangana’s startup incubator T-Hub to launch ‘REC Innovation Platform’ aimed at raising 1800 young innovators in 30 government institutions in Telangana and Andhra Pradesh. Students will be mentored

Read Full Article
REC and UNFPA join hands for CSR initiatives in India

REC and UNFPA join hands for CSR initiatives in India

🕔21:12, 31.Jan 2018

Rural Electrification Corporation Ltd. (RECL) and United Nations Population Fund (UNFPA) India signed an agreement of Rs. 32.84 crore to support a range of innovative projects across the country under CSR initiatives of REC. The projects will be implemented and

Read Full Article
REC extends CSR support of Rs 1.31 crore to REACHA for primary education of 3000 children

REC extends CSR support of Rs 1.31 crore to REACHA for primary education of 3000 children

🕔11:16, 30.Jan 2018

REC extends CSR support for 1.31 crore to the Research and Extension Association for Conservation Horticulture and Agro-Forestry (REACHA) for improving learning outcomes in primary education to 3000 children (studying in govt. schools) through project-based learning with focus on multiple

Read Full Article
REC bags CBIP Award for Best Power Financing Company

REC bags CBIP Award for Best Power Financing Company

🕔19:20, 5.Jan 2018

REC Limited, the Navratna public sector enterprise, has been named the Best Power Financing Company by CBIP on 3rd January, 2018 in New Delhi. The award was received by Shri SK Gupta, Director (Technical), REC from Dr. Satya Pal Singh,

Read Full Article
SAUBHAGYA Launched in Madhya Pradesh

SAUBHAGYA Launched in Madhya Pradesh

🕔11:18, 26.Dec 2017

The Pradhan Mantri Sahaj Bijli Har GharYojana (SAUBHGAYA) was launched in Madhya Pradesh on 22nd December 2017, by Shri R K Singh, Union Minister of State (IC) for Power and New & Renewable Energy and Shri Shivraj Singh Chouhan, Chief Minister

Read Full Article
REC World Headquarters Building Project Awarded by GRIHA Council

REC World Headquarters Building Project Awarded by GRIHA Council

🕔07:39, 21.Dec 2017

Gurugram, Dec 20 REC World Headquarters building project in Gurugram has been presented with the ‘Winner of the Year’ award during the 9th GRIHA summit (Green Rating for Integrated Habitat Assessment) on 19th December 2017 at New Delhi. REC won the

Read Full Article
REC extends CSR support for Rs. 4 crore to UDCRMS, Manipur

REC extends CSR support for Rs. 4 crore to UDCRMS, Manipur

🕔18:34, 15.Dec 2017

REC Foundation, the CSR arm of REC, a Govt. of India Navratna Enterprise, extends CSR support for Rs.4 crore to Ukhrul District Community Resource Management Society (UDCRMS), district unit of North Eastern Region Community Resource Management Society (NERCRMS) for construction of multipurpose hall-cum-indoor stadium in Somdal village, Ukhrul district,

Read Full Article
REC raises $400 Million through Dollar Bonds

REC raises $400 Million through Dollar Bonds

🕔14:29, 13.Dec 2017

New Delhi, Dec 13 : REC concluded a USD 400 million Reg S bonds deal in London on 11thDecember. The bond is priced at 115 basis points over three years US Treasury and is for refinancing the existing ECB, being first

Read Full Article
REC bags the SCOPE Award for Brand Building

REC bags the SCOPE Award for Brand Building

🕔11:06, 8.Dec 2017

REC Limited received the first prize for “Brand Building through Inclusive Growth Initiatives” at the Corporate Communication Excellence Awards 2017 organised by the SCOPE. The award was presented by the Minister of State for Information & Broadcasting Rajyavardhan Singh Rathoreon

Read Full Article
REC extends CSR support for Rs.6.17 crore to NSFDC

REC extends CSR support for Rs.6.17 crore to NSFDC

🕔10:38, 4.Dec 2017

REC extends CSR support for Rs.6.17 crore to National Scheduled Castes Finance and Development Corporation (NSFDC) for the project, job oriented skill development training (residential) to 1650 beneficiaries belonging to Scheduled Castes in various states of India for F.Y 2017-18. 

Read Full Article
Dr. P. Shakil Ahammed as Sr. Executive Director, REC

Dr. P. Shakil Ahammed as Sr. Executive Director, REC

🕔09:45, 23.Nov 2017

Dr. P. Shakil Ahammed, an IAS Officer of 1995 batch of the Assam &Meghalaya cadre has joined REC on deputation with effect from 21st Nov 2017 as Sr. Executive Director for handling the coordination of implementation of various Government programmes.

Read Full Article
REC extends CSR support of Rs. 3.50 crore to HelpAge India

REC extends CSR support of Rs. 3.50 crore to HelpAge India

🕔21:50, 15.Nov 2017

New Delhi, Nov 15 Rural Electrification Corporation Limited (REC), A Govt. of India Navratna Enterprise, committed financial assistance of Rs.3.50 crore to HelpAge India under its CSR initiative. The financial support will be utilized for the construction and operation of elderly

Read Full Article