REC Limited, under its CSR initiative, has provided financial support of ₹6.01 crore for five Mobile Medical Units (MMUs) in Uttarakhand. These MMUs, operated in collaboration with CSC Academy, were launched by Chief Minister Pushkar Singh Dhami. The initiative focuses on delivering primary healthcare to remote and underserved regions across Haridwar, Udham Singh Nagar, and […]
Jitendra Srivastava assumes Charge as CMD, REC Limited
Mr. Jitendra Srivastava, a 2000 batch IAS officer from the Bihar cadre, has taken over as Chairman and Managing Director (CMD) of REC Limited. Known for his work in sectors like public health, infrastructure, and finance, Srivastava brings with him rich experience from his recent role as Joint Secretary in the Ministry of Jal Shakti. […]
RECPDCL transfers Mahan Transmission Limited SPV to Adani Energy Solutions
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has handed over the Special Purpose Vehicle (SPV) for the Mahan Transmission Limited project to Adani Energy Solutions Limited on March 26, 2025. Adani Energy Solutions Limited was selected as the Transmission Service Provider (TSP) through a Tariff-Based […]
Vinita Narera appointed as CVO of REC
Ms. Vinita Narera has been appointed as the Chief Vigilance Officer (CVO) of Rural Electrification Corporation Limited (REC), Delhi. She is a 2000 batch officer from the Indian Railway Service of Signal Engineers (IRSSE). As CVO, she will be responsible for maintaining vigilance and ethical governance within REC. Her appointment is expected to strengthen the […]
REC signs Rs. 18,360 Crore MoU with Kerala Government for “Pumped Storage Projects”
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The agreement, signed during the Global Green Hydrogen & Renewable Energy Summit 2025, marks […]
REC signs Rs. 21,000 Crore MoU with MP government for power sector
REC Limited, a Maharatna CPSE and leading Non-Banking Financial Company (NBFC) under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh at the Global Investors Summit 2025 in Bhopal. As per the agreement, REC has committed ₹21,000 crore over the next five years to bolster power sector […]
REC foundation pledges Rs. 6 crore for ‘Eye Care for All’ Initiative
REC Limited, through its CSR arm REC Foundation, has committed Rs. 6 crore to Sankara Eye Hospital, Pammal, Chennai, for the ‘Eye Care for All’ project. This initiative aims to provide free cataract surgeries to 8,000 economically disadvantaged beneficiaries in and around Chennai. The MoA was signed on February 17, 2025, between Smt. Thara Ramesh, […]
RECPDCL transfers Lakadia B Power transmission SPV to Reliance Industries
REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited under the Ministry of Power, has officially handed over the Special Purpose Vehicle (SPV) for the Lakadia B Power Transmission Project to Reliance Industries Ltd. This transfer took place on February 14, 2025, in Gurugram. Reliance Industries emerged victorious as the Transmission […]
REC signs ₹2147.508 Crore agreement with CVPPL for Pakal Dul Hydro Project
REC Limited, a Maharatna CPSE and a leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Limited (CVPPL) to provide a term loan of ₹2147.508 crore. The loan will support the development and construction of the Pakal Dul Hydro Electric Project, a 1000 MW capacity greenfield hydroelectric project […]