New Delhi: In a significant move towards enhancing the inter-state transmission infrastructure for renewable energy projects, REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, handed over the project-specific Special Purpose Vehicle (SPV) to G R Infraprojects Private Limited. The SPV, named Pachora Power Transmission Limited, is dedicated to establishing an Inter-State…
New Delhi: REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has successfully concluded the handover of five Special Purpose Vehicles (SPVs) formed for Inter State Transmission Projects (ISTS).
New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a prominent Non-Banking Financial Company (NBFC), has been honored with the esteemed Best Green Bond – Corporate Award at The Asset Triple A Awards for Sustainable Finance 2024.
New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading Non-Banking Financial Company (NBFC), has entered into a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL).
New Delhi: In a notable recognition of its commitment to digital innovation, REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading Non-Banking Financial Company (NBFC), has been bestowed with the prestigious SCOPE Excellence Award in the Special Institutional Category (Digitalization). The award ceremony, held at Vigyan Bhawan in…
New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has achieved a significant milestone by issuing its inaugural Japanese Yen (JPY) 61.1 billion Green bonds.
REC Limited and Bank of Baroda have entered a Memorandum of Understanding (MoU) to jointly sanction loans for power, infrastructure, and logistics projects in India over the next three years.
REC Limited has entered into an MoU with Rail Vikas Nigam Limited (RVNL) to finance up to Rs. 35,000 Crores for Infrastructure Projects to be executed by RVNL over the next 5 years. These projects constitute multi-modal logistics hub projects, rail infrastructure projects, road, port, and metro projects where RVNL has forayed into. Director (Finance),…
