New Delhi, November 14, 2025 – REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading NBFC, has successfully mediated a crucial Memorandum of Understanding (MoU) between Meghalaya Power Distribution Corporation Limited (MePDCL) and the Central Power Research Institute (CPRI). The MoU was signed by MePDCL and CPRI in presence […]
REC Limited and Sagarmala Finance Corporation Limited (SMFCL) sign MoU to boost Maritime Infrastructure Financing
Mumbai, October 29, 2025: REC Limited and Sagarmala Finance Corporation Limited (SMFCL), have signed a Memorandum of Understanding (MoU) today at the India Maritime Week 2025 in Mumbai. The MoU was formally signed between Smt. Saraswathi, ED (Infrastructure and Logistics), REC Limited, and Shri A. C. Nayak, Director (Finance), joined by Shri S. T. Selvam, […]
REC Limited held 56th AGM
Gurugram, 27 August 2025: The 56th Annual General Meeting (AGM) of the REC Limited was held today at 11:00 A.M. through video conferencing. Shri Jitendra Srivastava, Chairman & Managing Director chaired the meeting, which was attended by all the Directors on the Board of the Company.He said, “During the year under review, REC achieved record […]
REC Limited wins ‘Best Design Thinking Award’ at 5th distinguished NBFC (DNA) Awards
REC Limited, a leading NBFC and a Maharatna Central Public Sector Enterprise under the Ministry of Power, has been conferred with the ‘Best Design Thinking Award’ at the 5th DNA Awards organized by Banking Frontiers. This prestigious recognition has been awarded to REC for its innovative digital initiatives in Retail Bonds, reflecting the company’s commitment […]
Jitendra Srivastava named CMD of REC Limited
In a significant leadership change, Jitendra Srivastava has been appointed as the Chairman-cum-Managing Director of REC Limited. A 2000 batch IAS officer of the Bihar cadre, Srivastava will hold this position at the rank of Additional Secretary, guiding the organization’s power sector financing efforts.
Parminder Chopra assigned additional charge as CMD, REC Limited
REC Limited commits ₹8.44Crore under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the Gandhigram Rural Institute under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of ₹8.44Cr. for establishing 1MW multitechnology ground mounted, grid connected solar photovoltaic power plant for the benefit […]
REC Signs MoA with THDC, commits Rs. 3.97 Cr under CSR for Development of Olympic-Size Swimming Pool in Tehri
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MOA) with THDC India Limited (THDCIL) under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of Rs. 3.97 crore for the development of an Olympic-size swimming pool at the THDCIL Water Sports […]