In Short : REC Limited, one of India’s leading public financial institutions, has announced its financial results for the second quarter (Q2) and first half (H1) of the fiscal year 2023-24. These results reflect the company’s financial performance and achievements during the specified periods, providing stakeholders with valuable insights into REC Limited’s operational efficiency, revenue […]
REC Limited organizes workshop on Customized Debt Financing for Commercial Mining, Mine Developers and Operators – EQ
In Short : REC Limited, a leading public financial institution in India, organized a workshop focused on customized debt financing solutions for commercial mining, mine developers, and operators. This initiative aims to support the mining sector by providing tailored financial products and expertise. By facilitating access to financing options, REC Limited is contributing to the […]
REC Limited honoured with Golden Peacock Award in Risk Management – EQ
In Short : REC Limited, a leading public financial institution in India, has been honored with the prestigious Golden Peacock Award in Risk Management. The award recognizes REC Limited’s outstanding efforts and initiatives in implementing effective risk management practices. This recognition reflects the organization’s commitment to excellence in managing risks and ensuring financial stability, thereby […]
REC Limited has been honored with the ‘Best Central PSU’ Award, recognizing its excellence and significant contributions as a central public sector undertaking in India – EQ
In Short : REC Limited has been honored with the ‘Best Central PSU’ (Public Sector Undertaking) Award, recognizing its excellence in the public sector domain. This prestigious accolade reflects REC Limited’s outstanding performance, corporate governance, and impactful contributions to India’s power and energy sector. The award underscores the company’s dedication to innovation, sustainability, and driving […]
REC Limited Issue Tender for Transmission System for Evacuation of Power from REZ in Rajasthan (20 GW) under Phase – III Part I” through tariff based competitive bidding process – EQ
REC Limited Issue Tender for Transmission System for Evacuation of Power from REZ in Rajasthan (20 GW) under Phase – III Part I” through tariff based competitive bidding process For more information please see below link:
REC Limited holds 54th AGM, announces commitment to increase loan portfolio of green projects by more than 10 times by year 2030 – EQ
REC Limited held its 54th Annual General Meeting (AGM) today through Video Conferencing. Chairman & Managing Director Shri Vivek Kumar Dewangan chaired the meeting, which was attended by all Directors on the Board of the Company. Many shareholders were present at the meeting through Video Conferencing. Addressing the meeting, the CMD said: “REC is committed […]
REC doubles Market Cap in one year, figures in MSCI Global Standard Index
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has secured a coveted place in the esteemed Morgan Stanley Capital International (MSCI) Global Standard Index, effective from 1st September 2023. A recent report by Nuvama Alternative & Quantitative Research highlighted that REC stocks were considered strong contenders for the November 2023 […]
REC extends ₹ 4,785 Crore for HPCL Rajasthan Refinery’s project in Barmer – EQ Mag
REC Limited has extended a loan of ₹ 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL), for setting up a green field refinery cum petrochemical complex in Barmer district, Rajasthan. The loan has been extended as part of a consortium arrangement for ₹ 48,625 crores, wherein the share of REC Limited is ₹ 4,785 crores. […]
REC Limited to provide ₹ 3,045 Crores financial assistance to Bangalore Metro Rail Corporation Limited – EQ Mag
REC Limited, a Maharatna Central Public Sector Enterprise under the Union Ministry of Power, has decided to extend financial assistance of Rs. 3,045 crores to Bangalore Metro Rail Corporation Limited (BMRCL), for establishment and development of Metro Lines under Phase-II project of Bangalore Metro. The decision to extend the assistance was taken at the board […]
REC Limited lists its Green Bonds of USD 750 Million at GIFT IFSC Stock Exchanges – EQ Mag
REC Limited has undertaken an exclusive listing of its recently issued Green bonds of USD 750 million raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar today. Mr. Injeti Srinivas, Chairman, International Financial Services Centres Authority (IFSCA) was […]