REC Limited

Overview

REC Limited is a public sector enterprise under the Government of India, specializing in financing power sector projects across the country. It provides financial assistance for the development of power infrastructure, including generation, transmission, distribution, and renewable energy projects. REC offers various financial products such as long-term loans, medium-term loans, short-term loans, and debt refinancing to private sector project developers, state power utilities, central power sector utilities, and state governments. The company operates across India, with its corporate office located in Gurugram, Haryana, and a registered office in New Delhi. Established in 1969, REC Limited has evolved and expanded its financing mandate to cover the entire power infrastructure sector. It has diversified into non-power infrastructure and logistics, now covering airports, metro, railways, ports, and bridges. The company has 22 regional offices and is listed on both the National Stock Exchange and the Bombay Stock Exchange. REC Limited is a subsidiary of Power Finance Corporation and is under the administrative control of the Ministry of Power, Government of India. REC Limited has been recognized for its contributions to the power and infrastructure sectors, highlighting its innovative financing solutions, digital initiatives, and sustainable development projects. The company inaugurated a state-of-the-art Experience Centre in Gurugram to showcase its role in power, infrastructure financing, and innovation in the sector. REC Limited has also been actively involved in corporate social responsibility initiatives, focusing on areas such as sanitation, healthcare, skill development, women empowerment, environmental sustainability, sports, and rural infrastructural development to facilitate inclusive social development.

Investment Focus

• Projects in power generation, transmission, distribution, and renewable energy sectors