REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus giving REC greater operational and financial autonomy. An order to this effect was issued yesterday by the Department of Public Enterprises, under the Ministry of Finance. Incorporated in 1969, REC is an NBFC focusing on Power Sector Financing and Development […]
Appointment of Shri Piyush Singh, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of REC Limited vice Shri Vishal Kapoor. For more information please see below link:
REC Limited, under its CSR initiative has committed a sum of ₹100 crore for the development of sports in India. The funds will assist sports persons to excel in their respective field by providing opportunities to train under coaches of international repute with technical, scientific and psychological support and also in getting exposure to international […]
State-run REC Ltd will seek shareholders’ approval to raise up to Rs 75,000 crore through issuance of bonds next week New Delhi: REC Ltd will seek shareholders’ approval to raise up to Rs 75,000 crore through issuance of bonds next week. The funds are proposed to be raised through issuance of debentures on private placement […]
Power Grid emerged as the successful bidder of the Inter-State Transmission Project of the Ministry of Power, Government of India, and RECPDCL as the Bid Process Coordinator. New Delhi : REC’s wholly owned subsidiary REC Power Development and Consultancy Limited (RECPDCL) handed over the project specific SPV (Special Purpose Vehicle) formed for construction of Transmission […]
Global technology service provider Bidgely has been selected by state-run REC Ltd as the technology service provider for energy theft solution to discoms under the RDSS Bangalore: Global technology service provider Bidgely has been selected by state-run REC Ltd as the technology service provider for energy theft solution to discoms under the Revamped Distribution Sector […]
REC exhibits its latest member of the award-winning REC Alpha family and joins forces with its new owner, Reliance Industries Limited, for a major drive to recruit new talent for their upcoming Solar Giga Factory in India. Munich, Germany: REC Group, an international pioneering solar energy company headquartered in Norway, and its new parent company, Reliance […]