Estimated cost of the project is around Rs. 366.26 Crore New Delhi- REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB…
Gurugram- REC Limited, a leading NBFC and Maharatna Central Public Sector Enterprise under the Ministry of Power, celebrated National Sports Day with great fervour at its Corporate Office. CMD Shri Jitendra Srivastava warmly welcomed the guests on the occasion.The event was graced by Ms. Sujata Chaturvedi (IAS) as the Chief Guest, along with the presence…
NEW DELHI – REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power, GoI and a leading NBFC, has been provided with ‘Independent Opinion Statement’ by BSI (British Standards Institution) for compliance with ISO 31000:2018 (Enterprise Risk management — Guidelines). This significant achievement marks REC as the first Indian Public Sector Non-Banking Financial Company…
NEW Delhi : The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended June 30, 2025.Operational and Financial Highlights: Q1 FY26 vs Q1 FY25 (Standalone)- Disbursements: ₹59,508 crore vs. ₹43,652 crore, up by 36% out of which disbursement to renewable sector is up by…
New Delhi- REC Limited, a Maharatna CPSE under the Ministry of Power and a leading Non-Banking Financial Company, has contributed ₹20 crore through its CSR arm, REC Foundation, to the Armed Forces Flag Day Fund (AFFDF). The grant will support the education of 16,667 children of ex-servicemen, martyrs, and war widows from the Army, Navy,…
NEW DELHI- REC Limited, a Maharatna Central Public Sector Enterprise and a leading NBFC under the Ministry of Power, has received approval from the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, Government of India, vide Notification No. 52/2025 dated 30th May, 2025, for the issuance of Five Lakh Zero Coupon…
Siddharthnagar, Uttar Pradesh- Shri Manohar Lal, Hon’ble Minister of Power & Minister of Housing and Urban Affairs, laid the foundation stone for a state-of-the-art 1000-seater Community Auditorium, in Siddharth Nagar, Uttar Pradesh. The Auditorium is being jointly funded by REC, PFC and NTPC. REC Limited, a Maharatna CPSU and a leading NBFC under the Ministry…
NEW DELHI- REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has extended financial support of Rs. 6.01 crore under its Corporate Social Responsibility (CSR) initiatives for the procurement and operation of five Mobile Medical Units (MMUs) in the state of Uttarakhand. The initiative was inaugurated by Shri Pushkar Singh…
Gurgaon : Shri Jitendra Srivastava, IAS, has assumed charge as Chairman & Managing Director (CMD) of REC Limited on 22nd April 2025.On 18th April 2025, the Appointments Committee of the Cabinet (ACC) appointed Shri Srivastava, who is an IAS from Bihar Cadre (2000 Batch), as the CMD of REC. This appointment has been made in…
Mumbai, – REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by…
