REC receives Rajbhasha Deepti Award from Ministry of Power
Greater Noida (Business Desk): REC Limited, a Maharatna CPSU and a leading NBFC, has been awarded Rajbhasha Deepti Shield Award for its excellent work in the field of official language in all the offices and undertakings under the Ministry of Power. The award was given today in the meeting of the Hindi Advisory Committee of […]
REC Limited Organizes Blood Donation Camp on World Blood Donor Day
Gurugram (Staff Correspondent): REC Limited, a Maharatna Central Public Sector Enterprise and a leading NBFC under the Ministry of Power, organized a blood donation camp on the occasion of World Blood Donor Day, in collaboration with Lions Blood Centre — a charitable blood bank committed to saving lives. International kickboxer Shri Sudhir Saxena graced the […]
REC Limited Receives CBDT Approval to Issue ₹5,000 Crore Zero Coupon Bonds
New Delhi (Staff Correspondent): REC Limited, a Maharatna Central Public Sector Enterprise and a leading NBFC under the Ministry of Power, has received approval from the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, Government of India, vide Notification No. 52/2025 dated 30th May, 2025, for the issuance of Five Lakh […]
Manohar Lal Lays Foundation Stone for 1000-Seater Auditorium in UP, Supported by REC Limited’s CSR Initiative of ₹7.02 Crore
Siddharthnagar (Business Desk): Minister of Power & Minister of Housing and Urban Affairs,Manohar Lal, laid the foundation stone for a state-of-the-art 1000-seater Community Auditorium, in Siddharth Nagar, Uttar Pradesh. The Auditorium is being jointly funded by REC, PFC and NTPC. REC Limited, a Maharatna CPSU and a leading NBFC under the Ministry of Power, has […]
REC Raises ₹5,635 Cr Through Private Placement of Bonds
Gurgaon (Staff Correspondent): REC Limited, a Maharatna CPSU and a leading NBFC under the Ministry of Power, has successfully raised ₹ 5,635 crore through private placement of bonds. The offering included ₹ 3,000 crore through 2 years 8 Month bonds at coupon of 6.52% p.a. and ₹ 2,635 crore through 10-years 11 months bonds at coupon of 6.81% p.a. The […]
REC Limited Inaugurates Swachhata Pakhwada 2025
Gurgaon (Staff Correspondent): REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, today commenced Swachhata Pakhwada 2025, a fortnight-long cleanliness and awareness campaign to be observed from 16th May to 31st May 2025, across its offices in the country. The initiative aligns with the Government of India’s overarching objective to […]
REC Provides 5 Mobile Medical Units for women’s healthcare under Doctor Aapke Dwaar CSR Initiative in Uttarakhand for Rs. 6.01 Cr
Greater Noida (Business Desk): REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has extended financial support of Rs. 6.01 crore under its Corporate Social Responsibility (CSR) initiatives for the procurement and operation of five Mobile Medical Units (MMUs) in the state of Uttarakhand. The initiative was inaugurated by Shri […]
REC Profit at ₹15,713 Cr for FY25
Delhi (Staff Correspondent): The Board of Directors of REC Limited, today approved the audited standalone and consolidated financial results for the year ended March 31, 2025. Operational and Financial Highlights: Q4 FY25 vs Q4 FY24 (Standalone) – Disbursements: ₹45,538 crore Vs ₹39,374 crore, up by 16% – Net interest income: ₹5,876 crore Vs ₹4,263 crore, up by 38% – […]
REC Successfully Raises Rs 5,000 Cr Through Bond Issuance
New Delhi (Staff Correspondent): REC Limited, a leading public sector enterprise under the Ministry of Power and a premier non-banking finance company, has successfully raised Rs 5,000 crore through the issuance of bonds. The offering included Rs 3,000 crore through 5-year bonds at coupon of 6.87 % and Rs 2,000 crore through 10-year bonds at […]
REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region
Mumbai (Staff Correspondent): REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed […]