REC Power Development and Consultancy Extends ₹1.25 Crore CSR Support for Kargil
New Delhi: As part of its Corporate Social Responsibility (CSR) commitment, REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has extended financial support of ₹1.25 crore to the District Administration of Kargil, Ladakh. The funding is dedicated to strengthening critical education, healthcare, and drinking water infrastructure, directly benefiting nearly […]
RECPDCL Hands Over Jalna Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited
New Delhi: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Jalna Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Maharashtra State Electricity Transmission Company Limited, on 12 June 2026. M/s Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder through the Tariff-Based Competitive […]
RECPDCL Handovers Mahan Transmission Limited SPV to Adani Energy Solutions Limited
Greater Noida (Business Desk): REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over project specific SPV (Special Purpose Vehicle) of Intra State Transmission Project under TBCB route viz, Mahan Transmission Limited to Adani Energy Solutions Limited on 26th […]
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Greater Noida (Business Desk): REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over 3 Nos. project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission […]
REC Declares 3rd Interim Dividend of ₹4.30 Per Share; Net Profit Up 23% to ₹4,029 Crore
New Delhi (Business Correspondent): The Board of Directors of REC Limited on Thursday approved the limited reviewed standalone and consolidated financial results for the period ended December 31, 2024. Operational and Financial Highlights: Q3 FY25 vs Q3 FY24 (Standalone) – Net Profit: ₹4,029 crore Vs ₹3,269 crore, up by 23% – Net interest income: ₹4,930 crore Vs ₹4,153 crore, up […]
REC Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
Greater Noida (Business Desk):REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with Indo-Tibetan Border Police (ITBP) under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of Rs. 2.92 Cr. for the procurement of medical equipment/items in the field hospitals […]
REC Commits Rs. 14 Crore Under CSR for Advanced Cancer Treatment in Uttar Pradesh
Greater Noida (Business Desk): Rural Electrification Corporation Limited (REC Limited) has signed a Memorandum of Agreement (MoA) with Sevarth Sansthan Seth Bimal Kumar Jain Trauma & Physiotherapy Dharmarth Samiti (SSB) under its Corporate Social Responsibility (CSR) initiative to provide financial assistance of Rs. 14 crore for the procurement of Linear Accelerator (LINAC) machine in Trauma […]
REC Limited receives Adam Smith Awards ASIA 2024 for Best Funding Solution
Singapore (Staff Correspondent), November 15: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category. The award was presented at a ceremony held in Singapore by Ms. Sophie Jackson, Joint Publisher at Treasury Today Group. […]
RECPDCL Transfers Rajasthan-IV H-1 Power Transmission Limited to Power Grid Corporation of India
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle). viz, Rajasthan-IV H-1 Power Transmission Limited to M/s Power Grid Corporation of India Limited (PGCIL) on 15th October 2024 at Gurugram. M/s […]
RECPDCL Transfers Khavda IV A & IV C Power Transmission SPVs to Adani Energy Solutions and Sterlite Grid 38
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power & a leading NBFC, handed over 2 project specific SPVs (Special Purpose Vehicles). viz, Khavda IV A Power Transmission Limited to M/s Adani Energy Solutions Limited and Khavda IV C Power […]