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REC Limited to Establish 20 Smart Classrooms in West Bengal Government Schools

Newsmantra — Mon, 20 Jul 2026 08:11:03 +0000

NEW DELHI. REC Limited has signed a Memorandum of Agreement with Career Forum to set up 20 smart classrooms in government schools across Alipurduar, West Bengal. Signed by REC Executive Director Shri Arun Kumar Tyagi and Career Forum Chairman Shri Anant Chauhan, this CSR initiative will benefit over 1,500 students. The project aims to strengthen digital education infrastructure in rural and tribal areas, promoting inclusive learning and bridging the digital divide.

REC Limited Signs MoUs Worth ₹15,000 Crore to Accelerate Power and Renewable Energy Development in Tripura

Newsmantra — Mon, 13 Jul 2026 07:19:30 +0000

New Delhi/Agartala: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed two Memoranda of Understanding (MoUs) with the Government of Tripura to support power and renewable energy projects worth ₹15,000 crore.

The MoUs were signed during the Destination Tripura Business Conclave 2026, reflecting REC’s continued commitment to enabling sustainable development and strengthening power infrastructure in the Northeast.

Under the first MoU, REC Limited has partnered with the Tripura Renewable Energy Development Agency (TREDA), through the Department of Power, Government of Tripura, to provide financial assistance for renewable energy projects worth up to ₹5,000 crore. The agreement was signed by Sh. Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and Sh. D. S. Das, Director General (In-charge), TREDA.

As the nodal agency for renewable energy development in Tripura, TREDA will facilitate the implementation of renewable power projects across the state, while REC Limited will provide financial support to enable investments in the green energy sector. The partnership is expected to accelerate clean energy adoption, unlock Tripura’s renewable energy potential, and contribute significantly to the region’s sustainable development.

Further strengthening its partnership with the state, REC Limited also signed an MoU with the Department of Power, Government of Tripura, through the Tripura State Electricity Corporation Limited (TSECL), to support power sector projects worth ₹10,000 crore.

The signing ceremony was graced by Sh. Ratan Lal Nath, Hon’ble Minister of Power, Government of Tripura. The MoU was signed by Sh. Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and Sh. Biswajit Basu, Managing Director, TSECL.

The ₹10,000 crore partnership aims to facilitate financing for key power sector initiatives in the state, contributing to the expansion and modernization of Tripura’s power infrastructure while ensuring reliable and sustainable electricity access for its citizens.

REC Limited provides Rs.4.22 Cr under CSR to establish 100 Smart Classrooms in Assam

Newsmantra — Mon, 06 Jul 2026 12:00:23 +0000

Gurugram, July 3, 2026: Reinforcing its commitment to strengthening education infrastructure through Corporate Social Responsibility (CSR), REC Limited has sanctioned ₹4.22 crore for the project, “Establishing 100 Smart Classrooms in 100 Government Schools in the Lakhimpur and Kaziranga regions of Assam.” The initiative aims to enhance the quality of education by integrating digital learning solutions into government schools and creating an engaging, technology-enabled learning environment for students.

A Memorandum of Agreement (MoA) for the project was signed on July 2, 2026, at REC Limited’s Corporate Office in Gurugram between Shri L. B. Nautiyal, HoD (CSR), REC Limited, and Shri B. Vinod Kumar, Director, Indo German Institute of Advanced Technology (IGIAT). The signing ceremony was held in the presence of Shri Arun Kumar Tyagi, Executive Director (CSR), REC Limited, and other officials from REC Limited and IGIAT.

Through its CSR initiatives, REC Limited continues to make meaningful investments in education, healthcare, skill development, environmental sustainability, and community development, contributing to inclusive and sustainable socio-economic growth across the country.

REC Deputy Manager Irfan Rashid Serves as Liaison Officer at BRICS Energy Meetings

Newsmantra — Tue, 30 Jun 2026 10:04:05 +0000

Shri Irfan Rashid, Deputy Manager of Corporate Communications at REC, successfully served as a Liaison Officer during the BRICS Energy Meetings held in Gurugram from June 22–26, 2026. Managing high-level protocol and logistics, he coordinated closely with international delegates and ministerial teams from the UAE, Iran, China, South Africa, Brazil, and Russia. This prestigious assignment provided invaluable experience in executing seamless diplomatic communications and managing complex operations for visiting dignitaries at a major multilateral global energy summit.

#BRICS2026 #EnergyMeetings #LiaisonOfficer #Gurugram #EventCoordination #ProfessionalGrowth

REC Deputy Manager Irfan Rashid Serves as Liaison Officer at BRICS Energy Meetings

Newsmantra — Tue, 30 Jun 2026 06:41:24 +0000

#BRICS2026 #EnergyMeetings #LiaisonOfficer #Gurugram #EventCoordination #ProfessionalGrowth

PFC and REC Boards Approve Merger Scheme to Create Rs 11 Lakh Crore Lending Giant

Newsmantra — Tue, 30 Jun 2026 06:13:04 +0000

NEW DELHI. The Boards of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) have approved a Scheme of Merger under the Companies Act, 2013, for the amalgamation of REC into PFC, subject to the approval of shareholders, creditors, regulatory and government authorities, and the condition that the merged entity continues to qualify as a Government Company with the Government of India retaining majority control. The proposed merger will create one of the country’s largest infrastructure financing institutions with a combined loan book exceeding Rs 11 lakh crore. As per the approved valuation report, REC shareholders will receive 88 fully paid equity shares of PFC of Rs 10 each for every 100 fully paid equity shares of REC of Rs 10 each held on the record date, which will be announced by the Boards of the two companies at a later stage.

RECPDCL extends ₹1.25 Crore CSR support for Kargil

Newsmantra — Mon, 22 Jun 2026 05:34:41 +0000

As part of its Corporate Social Responsibility (CSR) commitment, REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has extended financial support of ₹1.25 crore to the District Administration of Kargil, Ladakh. The funding is dedicated to strengthening critical education, healthcare, and drinking water infrastructure, directly benefiting nearly 1.95 lakh residents across the remote district.

A key milestone of the initiative was the flagging off of a 40-seater school bus on 19 June 2026 by Sh. Jitendra Srivastava, CMD, REC Ltd, in the presence of Joint Secretary, Transmission, Ministry of Power, GoI; Sh. Prince Dhawan, CEO, RECPDCL and distinguished key officials of the UT Administration of Ladakh and Ladakh Autonomous Hill Development Council (LAHDC), Kargil.

By establishing safe, reliable, and consistent transportation, the newly deployed school bus aims to bridge geographical gaps for youth in the rugged terrain, bringing children closer to essential learning opportunities and a brighter academic future.

This infrastructure support underscores RECPDCL’s core mission to empower remote and underserved communities through sustainable, impactful development.

RECPDCL Hands Over Jalna Power Transmission Limited, a SPV of Intra State Transmission Project of Maharashtra, to M/s Maharashtra State Electricity Transmission Company Limited

Newsmantra — Sat, 13 Jun 2026 11:26:08 +0000

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Jalna Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Maharashtra State Electricity Transmission Company Limited, on 12 June 2026.

M/s Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.

The SPV was handed over by Shri Ratnesh Kumar, General Manager (Engg.), RECPDCL, to Ms. Vineeta Shriwani, Company Secretary, and Shri Amit Naik, Chief Engineer (TBCB), Maharashtra State Electricity Transmission Company Limited, in the presence of senior officials from Maharashtra State Electricity Transmission Company Limited, Maharashtra STU, and RECPDCL.

The project broadly envisages establishment of a 400/132 kV substation at Jalna and about 135 km of 132 kV double-circuit transmission lines from Jalna (New) to Jalna MIDC, Jalna (New) to Partur, and Jalna to Ghansawangi & Utwad, along with associated works. The project is scheduled for implementation over 24 months at an estimated cost of Rs. 912 crore.

Presidential Nod for REC and PFC Amalgamation

Newsmantra — Thu, 11 Jun 2026 13:17:55 +0000

NEW DELHI. In a major development for the power sector, REC Limited announced that the Ministry of Power has conveyed the competent authority’s approval for its proposed merger into Power Finance Corporation Limited. This follows a decision by REC’s Board on May 16, 2026, to reserve the proposal for the President of India’s approval. The formal regulatory disclosure was submitted to the stock exchanges under Regulation 30 of the SEBI Listing Regulations.

REC Limited Commended For Driving India’s Flagship Rooftop Solar Mission

Newsmantra — Fri, 05 Jun 2026 06:10:55 +0000

NEW DELHI. REC Limited has been officially honoured for its outstanding contribution as the National Programme Implementing Agency of the PM-Surya Ghar Muft Bijli Yojana, India’s flagship rooftop solar initiative. The prestigious recognition was presented during a special national event titled Two Years of PM-Surya Ghar Muft Bijli Yojana: Scaling the Solar Home to 1 Crore Rooftops, held in New Delhi. Shri Pralhad Joshi, the Honourable Minister of New and Renewable Energy, alongside Consumer Affairs, Food and Public Distribution, handed over the award to Shri Jitendra Srivastava, Chairman and Managing Director of REC Limited, celebrating the company’s crucial role in executing the project.

During the same high-profile event, Shri Jitendra Srivastava also participated in the official launch of the brand-new logo for the PM-Surya Ghar Muft Bijli Yojana. This new logo is set to serve as the official visual identity of the central scheme, which is dedicated to bringing clean solar energy into millions of Indian households. By scaling up eco-friendly installations across the country, the ongoing mission focuses on securing sustainable, cost-effective, and affordable electricity access for residents nationwide.

To hear more about the company’s strategic financial and execution vision for clean energy projects, you can watch this [Keynote Address by Jitendra Srivastava, CMD of REC Limited](https://www.youtube.com/watch?v=WJUdv2ZutlI) on YouTube.