REC accorded with ‘Maharatna’ company status
REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus giving REC greater operational and financial autonomy.
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NTPC, REC bestow financial support of Rs 215 crore for sports development
National Sports Development Fund inks historic MOU with NTPC and REC of financial support of Rs 215 crore for development of sports in India
NTPC, REC bestow financial support of Rs 215 crore for sports development Read More
REC sanctions Rs 22,000 crore under new LPS rules to elevate power sector
As a step towards addressing the issue of mounting dues of the State power utilities which has now crossed Rs 1,50,000 crore, the Ministry of Power, Govt. of India has issued Electricity, (Late Payment Surcharge and Related Matters) Rules, 2022 (LPS Rules 2022).
REC sanctions Rs 22,000 crore under new LPS rules to elevate power sector Read More
PFC-REC make further reduction in lending rates
In the last about one year, both the organisations have reduced lending rates cumulatively by upto 3 per cent.
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‘Bijli Utsav’ organized by REC in Assam as part of Azadi Ka Amrit Mahotsav
To engage with the villagers and children, various competitions and cultural programs were also held.
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PFC, REC asked to explore better and cheaper options for raising funds
The Minister also stressed upon the need for speedy resolution of Stressed Assets.
PFC, REC asked to explore better and cheaper options for raising funds Read More