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 […]
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 […]
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 […]
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 […]
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, […]
REC Foundation Signs Rs. 1.20 Crore MoA with Lala Lajpat Rai Memorial Medical College to Strengthen Healthcare Access in Meerut
New Delhi, May 21, 2026: Reinforcing its commitment towards making healthcare accessible to the last mile, the CSR arm of REC Limited, REC Foundation, signed a Memorandum of Agreement (MoA) with Lala Lajpat Rai Memorial Medical College on May 21, 2026, for providing doorstep primary healthcare services to deprived and underserved sections of society in […]
REC DECLARES HIGHEST EVER PROFIT OF RS. 16,282 CRORE AND HIGHEST TOTAL DIVIDEND OF Rs. 18.55 PER SHARE FOR THE YEAR
Delhi, April 28, 2026: While approving the annual standalone and consolidated financial results for the year ended March 31, 2026, REC Limited states that the Indian power sector is at the cusp of new vibrance owing to numerous initiatives taken by Government of India. The legacy loss-making power distribution companies achieved a rare, collective overall […]
REC & PFC organise session at Bharat Electricity Summit 2026 focusing on Advancing ‘Make in India’ in Power Distribution
New Delhi, March 21, 2026: On the third day of the Bharat Electricity Summit 2026, a high-level Vendor Development Session titled “Advancing Make in India for Power Distribution” was successfully convened. The session was co-hosted by REC Limited and Power Finance Corporation, bringing together over 150 senior representatives from the Ministry of Power, Ministry of […]
REC partners with National Test House to boost RDSS quality assurance
REC Limited, a Maharatna public sector enterprise under the Ministry of Power, has entered into a Memorandum of Understanding (MoU) with the National Test House (NTH) to enhance quality assurance under the Revamped Distribution Sector Scheme (RDSS). The MoU was signed at Krishi Bhavan, New Delhi, with the objective of strengthening material testing standards and […]