In Short : REC Ltd (Rural Electrification Corporation Limited) and NIIFL (National Investment and Infrastructure Fund Limited) have joined forces to collaborate on funding solutions for various projects, including those in the renewable energy sector. This partnership aims to support and finance critical infrastructure projects, emphasizing a collective effort towards sustainable development in India. In […]
Pradhan Mantri Suryoday Yojana: REC Ltd to Spearhead Rooftop Solar Mission with Rs 1.2 Lakh Crore Funding – EQ
In Short : REC Ltd is set to lead the Pradhan Mantri Suryoday Yojana, a rooftop solar mission, with a significant funding of Rs 1.2 lakh crore. This initiative underscores a major commitment towards promoting solar energy adoption and advancing India’s renewable energy goals. In Detail : REC Ltd, appointed as the nodal agency, will […]
REC to increase loan portfolio of green projects to over Rs 3 trn by 2030 – EQ
State-owned REC Ltd Chairman and Managing Director Vivek Kumar Dewangan on Wednesday stressed on the commitment to increase its loan book of green projects by ten times to more than Rs 3 lakh crore by 2030. Dewangan chaired the annual general meeting on Wednesday, which was attended by all directors on the board of the […]
GreenCell Mobility Gets Rs 3,000 Cr Commitment from Govt’s REC Ltd – EQ Mag
Mumbai-based GreenCell Mobility, a pan-India shared electric mobility player, has signed a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a commitment of Rs 3,000 crore, for sustainable transportation in the country. The INR 3,000 Cr worth of MOU was signed with REC for financing of over 3,000 electric buses […]
REC Ltd Signed Agreement with Nagaland Government to Implement RDSS Scheme – EQ Mag
REC Limited has signed an agreement with the state government to implement the Rural Electricity Distribution System Strengthening (RDSS) scheme. NEW DELHI : REC Limited has signed an agreement with the state government to implement the Rural Electricity Distribution System Strengthening (RDSS) scheme In a move aimed at improving the quality, reliability, and affordability of […]
REC transfers 6 SPVs to Power Grid Corporation for transmission projects – EQ Mag
New Delhi : REC Ltd on Wednesday said its wholly-owned subsidiary REC Power Development and Consultancy Ltd (RECPDCL) has handed over six special purpose vehicles to Power Grid Corporation of India Ltd. The Special Purpose Vehicles (SPVs) are mostly for construction of transmission projects in Gujarat, REC Ltd said in a statement on Wednesday REC […]
REC Ltd.: Submission of unaudited financial results for the period ended September 30, 2022, declaration of interim dividend for the financial year 2022-23 and other matters – EQ Mag Pro
REC Ltd.: Submission of unaudited financial results for the period ended September 30, 2022, declaration of interim dividend for the financial year 2022-23 and other matters. For more information please see below link:
Appointment of Shri V.K. Singh as Director (Technical), REC Ltd – EQ Mag Pro
Appointment of Shri V.K. Singh as Director (Technical), REC Ltd. For more information please see below link:
Disposal of Electricity Meters: REC Ltd. – EQ Mag Pro
Expression of Interest (EoI) for Business Models for Disposal of Replaced Electricity Meters across India Expression of Interest (EoI)(248 KB) PDF had been floated by REC at the behest of Ministry of Power, to solicit the business models from interested participants relating to disposal or recycling or reuse etc of electricity meters, getting replaced on […]
Vivek Kumar Dewangen named as CMD of REC Ltd – EQ Mag Pro
Currently, He is an Additional Secretary in the Ministry of Power. New Delhi: 1993 batch IAS officer, Vivek Kumar Dewangen has named as the Chairman & Managing Director of a public Infrastructure Finance Company in India’s power sector REC Ltd, Ministry of Power. Currently, He is an Additional Secretary in the Ministry of Power. Earlier […]