REC Limited
-
NEWS
REC Ltd Successfully Closes India’s First ₹500 Crore Tokenized Corporate Bond Issue
REC Limited has successfully completed India’s first-ever pilot issuance of tokenized corporate bonds, marking a significant milestone in the country’s…
-
NEWS
REC Transfers Two Power Transmission SPVs to PowerGrid and Terralight Through Competitive Bidding
REC Limited, a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, has successfully completed the transfer of…
-
NEWS
PFC, REC Boards Approve Merger; Combined Lending Giant with ₹11 Lakh Crore Loan Book Set to Emerge
The boards of Power Finance Corporation (PFC) and REC Limited have approved the long-awaited merger of the two state-owned power…
-
NEWS
PESB Recommends Jatin Kumar Nayak as CMD of IREDA; REC Executive Director to Lead Renewable Energy Financing PSU
Public Enterprises Selection Board (PESB) has recommended Jatin Kumar Nayak, Executive Director (Finance) at REC Limited, for appointment as the…
-
NEWS
RECPDCL, BSPTCL Sign MoU to Boost Bihar’s Power Transmission Infrastructure
In a significant step toward strengthening Bihar’s power infrastructure, REC Power Development and Consultancy Limited (RECPDCL) has signed a landmark…
-
NEWS
REC Board Clears Merger with PFC; Awaits Government Approval
In a major consolidation move in India’s power financing space, the Board of REC Limited has approved its merger into…
-
NEWS
PFC–REC Merger Targets April 2027 Completion as Government Pushes PSU Consolidation
India’s power sector financing landscape is poised for a major restructuring, with the proposed merger of Power Finance Corporation (PFC)…
-
NEWS
REC Q4 Profit Slumps 22% to ₹3,375 Crore, But FY26 Ends With Record ₹16,308 Crore Net Profit
Maharatna public sector lender REC Limited reported a 22 per cent year-on-year decline in consolidated net profit for the March…
-
NEWS
India Energy Stack Gains Momentum: Key Workshop in New Delhi Aligns Stakeholders on Implementation Roadmap
A high-level workshop on India Energy Stack (IES) adoption and its future roadmap was convened in New Delhi, bringing together…
-
NEWS
RECPDCL Handover WRNES Talegaon Power Transmission Limited SPV To Adani Energy
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis…