In Short : REC Limited has established a new subsidiary specifically for the Rajasthan Power Transmission Project. This move aims to enhance the state’s power infrastructure by improving transmission networks, supporting the integration of renewable energy sources, and bolstering overall grid reliability. The subsidiary will focus on executing the project efficiently, contributing to Rajasthan’s energy […]
REC Limited avails SACE-Covered Green Loan for ~ 60.5 Billion Japanese Yen – EQ
In Short : Green Loan Facility to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions In Detail : In a significant step towards sustainable development in India, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has successfully availed a […]
REC Limited to extend term loan of ₹ 1, 869 crores for Kiru Hydro Electric Project in Kishtwar, J&K – EQ
In Short : “REC Limited to provide a term loan of ₹1,869 crores for the Kiru Hydro Electric Project in Kishtwar, Jammu & Kashmir, supporting the development of clean energy infrastructure in the region.” In Detail : REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed […]
REC Limited to finance power & infrastructure projects in Rajasthan worth Rs. 20,000 crores annually for next six years – EQ
In Short : REC Limited is set to finance power and infrastructure projects in Rajasthan worth Rs. 20,000 crores annually for the next six years. This financial commitment reflects REC’s support for the development of power and infrastructure projects in the state, contributing to economic growth and energy infrastructure enhancement in Rajasthan. In Detail : […]
REC Limited joins hands with UNISED to support Education of Children in Siddharthnagar, Uttar Pradesh – EQ
In Short : REC Limited has collaborated with UNISED to support the education of children in Siddharthnagar, Uttar Pradesh. This partnership emphasizes corporate social responsibility, with a focus on enhancing educational opportunities and contributing to the well-being of communities in the region. In Detail : REC Limited, a Maharatna Central Public Sector Enterprise under the […]
REC Limited successfully lists two bonds on NSE and BSE, worth ₹ 2,500 crores and ₹ 2,875 crores – EQ
REC Limited successfully lists two bonds on NSE and BSE, worth ₹ 2,500 crores and ₹ 2,875 crores In Short – REC Limited achieves a significant milestone by successfully listing two bonds on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The bonds are valued at ₹2,500 crores and ₹2,875 crores […]
REC receives SCOPE Excellence Award for Digitalization – EQ
In Short : REC Limited (formerly Rural Electrification Corporation Limited) is honored with the SCOPE (Standing Conference of Public Enterprises) Excellence Award for Digitalization. This recognition likely acknowledges REC’s achievements and advancements in digital initiatives, contributing to enhanced efficiency and effectiveness in its operations. In Detail : REC Limited, a Maharatna Central Public Sector Enterprise […]
REC Limited issues inaugural Yen Denominated Green Bonds aggregating to 61.1 Billion Japanese Yen – EQ
In Short : REC Limited has issued its inaugural Yen-denominated Green Bonds, totaling 61.1 billion Japanese Yen. This issuance underscores REC Limited’s commitment to green financing and sustainable projects, contributing to the growth of renewable energy in Japan. In Detail : First Yen Green Bonds issuance by any Indian PSU; Largest Yen-denominated issuance from India […]
REC Limited organizes conference on Financing for Roads & Highways Sector – EQ
In Short : REC Limited has orchestrated a conference focused on financing within the Roads and Highways sector. This initiative serves as a platform for discussions on funding strategies, highlighting the crucial role of financial mechanisms in supporting infrastructure development and maintenance in the transportation sector. In Detail : REC Limited, a Maharatna Central Public […]
REC Limited Issue Tender for Supply of 250 MW ISTS-CONNECTED SOLAR (PV) POWER PROJECT(s) IN INDIA TROUGH TARIFF-BASED COMPETITIVE BIDDING (TBCB) PROCESS – EQ
REC Limited Issue Tender for Supply of 250 MW ISTS-CONNECTED SOLAR (PV) POWER PROJECT(s) IN INDIA TROUGH TARIFF-BASED COMPETITIVE BIDDING (TBCB) PROCESS For more information please see below link:
