Tag: REC

REC Limited’s office Building in Gurugram awarded the Highest 5-Star GRIHA Rating for Excellence in Sustainable Building Practices

New Delhi, November 4, 2026: REC Limited, a Maharatna CPSE under the Ministry of Power, has achieved a significant milestone in its commitment to environmental sustainability, with its office building in Gurugram being conferred the prestigious 5-Star GRIHA Rating, the highest rating under the GRIHA framework. The recognition acknowledges REC’s exemplary efforts in sustainable building […]

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REC records strong AUM growth of Rs. 26,537 Crore in Q2 FY27 LED BY GRowth in renewable portfolio of Rs. 8,064 Crore and Growth in networth of 14% on YoY basis, PAT RECORDED AT Rs. 7,540 CRORE

Delhi, October 26, 2026: The Board of Directors of REC Limited, today approved the standalone and consolidated financial results for the quarter and half year ended September 30, 2026. KEY HIGLIGHTS: Robust sequential Growth in Loan Book: Q2 FY27 vs Q1 FY27: India’s peak power demand scaled new peak in FY27, demonstrating the robustness of […]

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REC Swachhata Inter-School Cricket Tournament Concludes Successfully, Promoting Sportsmanship and the Spirit of Swachhata

Gurugram, October 1, 2026: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, successfully concluded the REC Swachhata Inter-School Cricket Tournament organised under the nationwide Swachhata Hi Seva 2026 campaign at the Guru Dronacharya Sports Academy Cricket Ground, Sector 82, Gurugram. The two-day leather-ball T10 tournament brought together young sporting […]

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REC Issues India’s First ₹500 Crore tokenized corporate bonds pilot under SEBI Regulatory Sandbox

NEW DELHI, September 07, 2026 — REC, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power and a leading NBFC-IFC, has achieved a landmark milestone in India’s capital markets by issuance of India’s First Pilot Issue on Tokenized Corporate Bonds under the Securities and Exchange Board of India (SEBI) Regulatory Sandbox Framework. […]

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Building a Healthier Viksit Bharat: Chhattisgarh Governor flags off Six REC-supported Mobile Medical Units (MMUs) worth Rs. 7.21 Crore

Under the CSR initiative of REC Limited, Hon’ble Governor of Chhattisgarh, Shri Ramen Deka, flagged off six Mobile Medical Units (MMUs), worth Rs. 7.21 Crore, at Lok Bhawan, Chhattisgarh, on August 15, 2026. The flag-off ceremony was held in the presence of Shri Satyaban Sahoo, Chief Project Manager (CPM), Regional Office Raipur, REC Limited, along […]

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REC and PFC sign Rs. 26,850 Crore common loan agreement with MUNPL for 2,400 MW Meja Thermal Power Project Stage-II

New Delhi, July 30, 2026: REC Limited and PFC Limited, Maharatna CPSEs under the Ministry of Power and leading Infrastructure Financing NBFCs, have signed Common Loan Agreement with Meja Urja Nigam Private Limited (MUNPL), a 50:50 Joint Venture between NTPC Limited & Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for total loan amount of […]

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British Standards Institution renews REC’s ISO 31000:2018 recognition for Risk Management

New Delhi, 15 July 2026: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading Infrastructure Financing NBFC, has successfully renewed its ISO 31000:2018 Letter of Recognition for Risk Management Guidelines following a comprehensive reassessment conducted by the British Standards Institution (BSI). The renewed recognition reaffirms REC’s commitment to maintaining globally benchmarked […]

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Approval of Merger scheme by Board of Directors of PFC and REC

The Board of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) approved the Scheme of Merger (Scheme) for merger of REC (Transferor Company) into PFC (Transferee Company) and their respective shareholders and creditors, under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The merger of REC into […]

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REC receives “NBFC of the Year” Award at Bharat NBFC & FinTech Summit & Awards 2026

Mumbai/Gurugram: REC Limited has been honoured with the “NBFC of the Year” award at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026, recognising the company’s significant contribution towards financing and strengthening India’s infrastructure and power sector. The award was received on behalf of REC by Shri Alok Kumar, CPM, REC Regional Office, […]

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