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REC signs MoU with RailTel, to Finance Infrastructure Projects in Telecom, IT and Railway Signalling

NewsmantraNovember 10, 2023

by NewsmantraNovember 10, 20230

REC Limited signed an MoU with RailTel on 9th November 2023 to extend financial assistance upto Rs. 30,000 Crore for Infrastructure Projects to be executed...

PSU Mantra

Govt plans for replacement of all 25 Cr meters with smart prepaid meters

NewsmantraNovember 6, 2023

by NewsmantraNovember 6, 20230

Government plans for replacement of all 25 Cr meters with smart prepaid meters. About 71 Lakh smart meters have been installed so far across Bihar,...

PSU Mantra

Secretary Power reviews REC performance

NewsmantraOctober 25, 2023

by NewsmantraOctober 25, 20230

A performance review of REC Limited was held under the chairmanship of Shri Pankaj Agarwal, Secretary (Power) accompanied by Joint Secretary. The meeting was held...

PSU Mantra

REC launches ‘SUGAM REC’, a mobile app for 54EC Bonds Investors

NewsmantraOctober 6, 2023

by NewsmantraOctober 6, 20230

REC Limited has launched a mobile application, exclusively for current and future investors in REC’s 54EC Capital Gain Tax Exemption Bonds. Named ‘SUGAM REC’, the...

PSU Mantra

REC reported a growth of 21 per cent in consolidated net profit at Rs 2,968.05 crore,

NewsmantraJuly 27, 2023

by NewsmantraJuly 27, 20230

CMD REC Limited Sh. Vivek Kumar Dewangan, along with Director (Finance) and Director (Technical), took part in an insightful media interaction for its Q1 FY24...

PSU Mantra

REC organize Green Finance Summit’

NewsmantraJuly 22, 2023

by NewsmantraJuly 22, 20230

Union Minister of Power and New & Renewable Energy Shri R K Singh , addressed the ‘Green Finance Summit’ organised by REC Lindiaon the sidelines...

PSU Mantra

SJVN signs MoU with REC for Financing RE Projects amounting to Rs. 50,000 Crores

NewsmantraJuly 22, 2023

by NewsmantraJuly 22, 20230

REC has agreed to finance the projects of SJVN and its subsidiaries & joint ventures to the extent of Rs. 50,000/- crores. This MoU with...

PSU Mantra

REC”s ATDC “Learn and Earn” Programme

NewsmantraJuly 6, 2023

by NewsmantraJuly 6, 20230

A REC Foundation Initiative” to impart bachelor’s degrees to 300 youths in Apparel Manufacturing & Entrepreneurship / Fashion Design & Retail....

Awards PSU Mantra

REC shines bright with the prestigious ‘GeM Award’

NewsmantraJune 27, 2023June 27, 2023

by NewsmantraJune 27, 2023June 27, 20230

REC shines bright with the prestigious ‘GeM Award’ in the highest value single bid category. The award was presented to REC CMD by the Minister...

PSU Mantra

REC CMD, Shri Vivek Kumar Dewangan, along with Director (Finance) and Director (Technical) interacted ar the 54-EC Bondholders/Investors Meet held at Taj West End, Bengaluru today. REC is committed to providing value to all its investors and stakeholders.

NewsmantraJune 26, 2023June 26, 2023

by NewsmantraJune 26, 2023June 26, 20230

REC CMD, Shri Vivek Kumar Dewangan, along with Director (Finance) and Director (Technical) interacted ar the 54-EC Bondholders/Investors Meet held at Taj West End, Bengaluru...