Lodbrok Capital, which owns nearly 20% of REC Silicon, says it’s concerned that REC is negotiating a contract to sell all the polysilicon made at its Washington plant to REC’s largest shareholder, Hanwha Solutions, which will use polysilicon to make solar panels. Lodbrok says Hanwha’s ownership stake creates a conflict of interest for the firm. […]
REC bags ‘Best Public Sector IT Project’ award – EQ Mag Pro
REC bags ‘Best Public Sector IT Project’ award In a ceremony held in Bengaluru, REC Limited – A Maharatna CPSE under the aegis of Ministry of Power bagged the ‘Best Public Sector IT Project ‘ award at the Technology Excellence Awards 2022. Shri RP Vaishnaw, Executive Director – REC, Shri Pankaj Gupta, CGM – REC, […]
Appointment of Shri Piyush Singh (DIN: 07492389) as Government Nominee Director – EQ Mag Pro
Appointment of Shri Piyush Singh (DIN: 07492389) as Government Nominee Director. For more information please see below link:
REC conferred with ‘Golden Peacock Award for Excellence in Corporate Governauce’ for the year 2022 – EQ Mag Pro
REC conferred with ‘Golden Peacock Award for Excellence in Corporate Governauce’ for the year 2022. For more information please see below link:
REC accorded with ‘Maharatna’ company status – EQ Mag Pro
REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus giving REC greater operational and financial autonomy. An order to this effect was issued yesterday by the Department of Public Enterprises, under the Ministry of Finance. Incorporated in 1969, REC is an NBFC focusing on Power Sector Financing and Development […]
Appointment of Shri Piyush Singh, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of REC Limited vice Shri Vishal Kapoor – EQ Mag Pro
Appointment of Shri Piyush Singh, Joint Secretary, Ministry of Power, as Government Nominee Director on the Board of REC Limited vice Shri Vishal Kapoor. For more information please see below link:
REC Commits ₹100 Crore Under Its CSR Initiative for Sports Development in India – EQ Mag Pro
REC Limited, under its CSR initiative has committed a sum of ₹100 crore for the development of sports in India. The funds will assist sports persons to excel in their respective field by providing opportunities to train under coaches of international repute with technical, scientific and psychological support and also in getting exposure to international […]
REC seeks shareholders’ nod to raise up to ₹75,000 crore via bonds – EQ Mag Pro
State-run REC Ltd will seek shareholders’ approval to raise up to Rs 75,000 crore through issuance of bonds next week New Delhi: REC Ltd will seek shareholders’ approval to raise up to Rs 75,000 crore through issuance of bonds next week. The funds are proposed to be raised through issuance of debentures on private placement […]
Business Responsibility & Sustainability Report: REC Ltd – EQ Mag Pro
Business Responsibility & Sustainability Report: REC Ltd For more information please see below link:
REC arm hand over project-specific SPV to PowerGrid – EQ Mag Pro
Power Grid emerged as the successful bidder of the Inter-State Transmission Project of the Ministry of Power, Government of India, and RECPDCL as the Bid Process Coordinator. New Delhi : REC’s wholly owned subsidiary REC Power Development and Consultancy Limited (RECPDCL) handed over the project specific SPV (Special Purpose Vehicle) formed for construction of Transmission […]