New Delhi – REC Limited, a Maharatna CPSE and a leading NBFC, under the Ministry of Power, today inaugurated a cutting-edge Experience Centre at its headquarters in Gurugram. The inauguration was led by CMD Shri Vivek Kumar Dewangan in the presence of the Board of Directors of REC Limited.The newly launched Experience Centre is designed to showcase REC’s contributions to the power and infrastructure sectors, highlighting its innovative financing solutions, digital initiatives, and sustainable development projects. The centre provides an interactive and immersive Experience, demonstrating REC’s journey, key achievements, and future vision.Speaking at the inauguration, CMD Shri Vivek Kumar Dewangan said, “The Experience Centre is a reflection of REC’s commitment to innovation and excellence in the power sector. It will serve as a knowledge hub for stakeholders, offering insights into our pioneering initiatives and the impact of our projects nationwide.”The Experience Centre features state-of-the-art digital displays, real-time project monitoring systems, and interactive exhibits, offering visitors an engaging experience. It also aligns with REC’s mission to drive technological advancements and transparency in the infrastructure financing sector.REC Limited continues to play a pivotal role in India’s power sector, supporting the nation’s energy transition and infrastructure growth through strategic financing and policy support.About REC LIMITEDREC is a ‘Maharatna’ company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has also been made the nodal agency for certain States and Union Territories for the Revamped Distribution Sector Scheme (RDSS). REC has also been given the responsibility of PM Surya Ghar Muft Bijli Yojna from Central Government. The Loan Book of REC stands at ₹5.65 lakh crore, Market capitalization at ₹1,31,844 crore and Net Worth at ₹76,502 crores as on 31 Dec 2024.
REC Limited Inaugurates State-of-the-Art Experience Centre
