REC incorporates two subsidiary companies
REC Limited has incorporated the wholly owned subsidiaries namely ‘Khavda IV C Power Transmission Limited’ and ‘Khavda IV – E2 Power Transmission Limited.
REC incorporates two subsidiary companies Read MoreTag: REC Limited
CCI approves Lanco Amarkantak acquisition by REC, PFC, SJVN and DVC
LAPL is an unlisted public limited company engaged in power generation in India. The planned capacity of the project, located in Chhattisgarh’s Korba district, is 1920 MW.
CCI approves Lanco Amarkantak acquisition by REC, PFC, SJVN and DVC Read More
REC transfers entire stake of Ramgarh-II transmission to Power Grid
The process for sale and transfer of the said SPV to the successful bidder(s) is expected to complete during the financial year 2023-24
REC transfers entire stake of Ramgarh-II transmission to Power Grid Read More
REC and PNB sign MoU to co-finance Infrastructure projects
REC and PNB will associate with each other to co-finance loans amounting to Rs 55,000 crore over the next three years.
REC and PNB sign MoU to co-finance Infrastructure projects Read More Serentica secures Rs 3000 crore from REC, completes debt funding for energy projects
Serentica raised a total of INR ~5600 crores debt funding from two of the biggest public sector lenders – REC and PFC
Serentica secures Rs 3000 crore from REC, completes debt funding for energy projects Read More REC arm transfers entire shareholdings of Beawar Transmission to Sterlite Grid 27
The stake was held by REC Power Development and Consultancy Limited (RECPDCL), wholly owned subsidiary of REC, which was incorporated in July, 2007.
REC arm transfers entire shareholdings of Beawar Transmission to Sterlite Grid 27 Read More REC ties up debt funding of Rs 3081 crore to Serentica for solar-wind project in Karnataka
REC ties up debt funding of Rs. 3081 crore to Serentica for 560 MW greenfield solar-wind project in Gadag, Karnataka
REC ties up debt funding of Rs 3081 crore to Serentica for solar-wind project in Karnataka Read More REC loan to Greenko for setting up 1,440 MW Pumped Storage Project
The country’s premier NBFC-IFC is also in advanced discussions with Greenko and is poised to extend financial support for multiple clean energy projects.
REC loan to Greenko for setting up 1,440 MW Pumped Storage Project Read More
REC Limited appoints IAS officer Shashank Misra as Nominee Director
Prior to his joining the MoP, the 2007 batch Indian Administrative Service (IAS) officer of Madhya Pradesh cadre has served in the Department of Revenue, Ministry of Finance, Government of India.
REC Limited appoints IAS officer Shashank Misra as Nominee Director Read More
REC market cap up two folds in one year, figures in MSCI Global Standard Index
The analysis conducted by Nuvama Alternative and Quantitative Research anticipates REC’s inflows to be around $184 Million.
REC market cap up two folds in one year, figures in MSCI Global Standard Index Read More