The Ministry of Power, Government of India, convened a meeting of the India Energy Stack (IES) Taskforce on Monday to accelerate the development of the nation’s Digital Public Infrastructure (DPI) for the power sector. The IES initiative, which is envisioned as the unified, secure, and interoperable digital backbone for the entire energy value chain, is […]
RECPDCL handsover Davanagere Power Transmission SPV to Power Grid Corporation of India Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, Davanagere Power Transmission Limited to Power Grid Corporation of India […]
REC Ltd. is the first Indian Public Sector NBFC to become ISO 31000:2018 (Enterprise Risk management — Guidelines) Compliant
New Delhi – REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power, GoI and a leading NBFC, has been provided with ‘Independent Opinion Statement’ by BSI (British Standards Institution) for compliance with ISO 31000:2018 (Enterprise Risk management — Guidelines). This significant achievement marks REC as the first Indian Public Sector Non-Banking Financial […]
REC RECORDS HIGHEST EVER QUARTERLY PROFIT OF Rs. 4,451 CRORE
REC DECLARES 1ST INTERIM DIVIDEND OF Rs. 4.60 PER SHARE Delhi, July 24, 2025: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended June 30, 2025. Operational and Financial Highlights: Q1 FY26 vs Q1 FY25 (Standalone) Owing to growth in all the verticals, […]
Honouring the Spirit of Sacrifice: REC extends CSR support of Rs. 20 Crore for the Welfare of Children of Ex-Servicemen, Martyrs’ Families, and War Widows
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading Non-Banking Financial Company, has contributed Rs. 20 crore through its CSR arm, REC Foundation, to the Armed Forces Flag Day Fund (AFFDF). The grant will support the education of 16,667 children of ex-servicemen, martyrs, and war widows from the Army, Navy, and […]
RECPDCL signs major smart metering agreements for 33.26 lakh prepaid meters in Gujarat
RECPDCL, a wholly owned subsidiary of REC Limited, has signed the PIA Agreement and the DDF Agreement for the “Appointment of Advanced Metering Infrastructure (AMI) Service Provider for the rollout of 33.26 Lakh Smart Prepaid Metering (Phase-II Project) under the RDSS Scheme in Paschim Gujarat Vij Company Limited (PGVCL) jurisdiction on DBFOOT basis” on 10.07.2025 […]