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REC Limited Achieves ‘Excellent’ MoU Rating for FY 2024–25

Newsmantra — Mon, 12 Jan 2026 06:25:39 +0000

REC Secures 5^th position in Net profit Parameters among all CPSEs as per the Public Enterprise Survey Report for FY 2024-25 published by DPE.

REC Limited, a Maharatna Central Public Sector Enterprise under the administrative control of Ministry of Power and a leading NBFC, has achieved an ‘Excellent’ MoU Rating for the financial year 2024–25, signed with the Holding company (i.e. Power Finance Corporation Limited). This rating is awarded by Department of Public Enterprises (“DPE”), Ministry of Finance, as per prescribed guidelines in this regard. This feat marks REC’s third consecutive year of achieving the ‘Excellent’ rating, underscoring its sustained operational and financial leadership.

The MoU framework is designed by Government of India to evaluate the performance of CPSEs s to assess their efficacy towards fulfilment of core objectives for which these have been constituted & aims to shift focus from effort-based assessments to actual economic performance, aligning with government priorities and shareholder interests. These parameters are carefully benchmarked against past performance, future projections, sectoral standards, and the vision of the administrative ministry i.e Ministry of Power.

The assessment highlights REC Limited’s robust financial health and superior asset quality. The evaluation was driven by several key operational pillars, including sustained financial performance, high operational efficiency, strong market competitiveness and ethical corporate conduct.

Further, DPE carries out annual exercise of Public Enterprise Survey wherein a summary of the financial performance of Central Public Sector Enterprises is captured. For FY 2024-25 report has been published by DPE and REC has achieved commendable position across various financial parameters as depicted, which reinstate our commitment for operational and financial performance.

With this validation of consistent performance, REC Limited continues to consolidate its position as a premier financier in the power sector, playing a pivotal role in strengthening India’s power infrastructure and supporting sustainable economic growth.

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DPE Holds Orientation Programme for Functional Directors of CPSEs in Puri

Newsmantra — Tue, 21 Oct 2025 11:46:20 +0000

The Department of Public Enterprises (DPE) organised a two-day Orientation Programme for Functional Directors of Central Public Sector Enterprises (CPSEs) from 19th to 20th September in Puri. The second day featured sessions on effective board functioning, DPE guidelines, arbitration in CPSEs, and strategic management. Eminent experts shared valuable insights, enabling participants to gain practical perspectives for enhancing leadership effectiveness and governance in public enterprises.

#DPE #FinMin #CapacityBuilding #CPSE #Leadership

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CMD POWERGRID met Sh. K. Moses Chalai, Secretary, DPE

Newsmantra — Thu, 01 May 2025 06:07:39 +0000

Sh. R. K. Tyagi, CMD POWERGRID along with Sh. V. S. Bhal, ED (CMG-CC) POWERGRID, met Sh. K. Moses Chalai, Secretary, Department of Public Enterprises (DPE). He was appraised about various POWERGRID projects and POWERGRID’s contribution in renewable integration.

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