REC Limited, a Maharatna CPSU and premier NBFC under the Ministry of Power, has been awarded the prestigious ‘Rajbhasha Deepti Shield’ for exemplary efforts in implementing the Official Language Policy during 2023–24. CMD Jitendra Srivastava and ED (Official Language) R P Vaishnaw accepted the award from Union Minister Manohar Lal at the Hindi Advisory Committee […]
REC hosts Blood Donation Camp on “World Blood Donor Day”
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, organized a blood donation camp to mark World Blood Donor Day. The initiative was conducted in collaboration with Lions Blood Centre, a charitable blood bank committed to saving lives. International kickboxer Sudhir Saxena attended the event as the Guest of Honour, inspiring […]
REC secures Rs. 5,635 Crores via Bond Issue
REC Limited, a Maharatna CPSU under the Ministry of Power, has successfully raised Rs. 5,635 crore through private bond placement. This includes Rs. 3,000 crore via 2-year 8-month bonds at 6.52% interest and Rs. 2,635 crore through nearly 11-year bonds at 6.81% interest. The issuance saw strong investor interest and earned a “AAA” credit rating […]
REC deploys mobile medical units for women’s health in Uttarakhand
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 […]