Srivastava has assumed charge after his appointment by the Appointments Committee of the Cabinet. Jitendra Srivastava (IAS) assumed charge as Chairman & Managing Director (CMD) of REC Limited on 22nd April Tuesday. An…

REC Limited has signed ₹18,360 cr MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala over the next…

The government agency has signed an agreement with Chenab Valley Power Project Limited (CVPPL) to provide the term loan which will be utilised for the development and construction of 1000MW capacity greenfield…

The award is a benchmark in Corporate Treasury and acknowledges organisations that exemplify innovation, efficiency, and strategic expertise in financial management. REC Limited, a Maharatna CPSE under the Ministry of…

REC Limited reports a substantial 20.10 per cent increase in total loan disbursements, reaching ₹90,955 crore for H1 FY25. Renewable energy loans soar by 92.68 per cent, emphasising the company’s…

REC’s zero-coupon bonds attract strong investor interest, oversubscribed seven times, offering attractive yields and tax benefits for long-term gains. REC Limited, a state-run financial company, has successfully raised ₹5,000 crore…

The award was given at Bharat Electricity – Powering India Awards 2024 in New Delhi. Through its various initiatives, including the Revamped Distribution Sector Scheme (RDSS), REC has contributed significantly…

The project covers the establishment of 400/220 kV, 4 X 500 MVA pooling station near Tumkur, Karnataka and 27.2 Km of 400 kV line along with associated works. REC Power…