Thursday, February 9, 2023
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REC Limited

News Updates

REC, PFC sign pact to extend finance of Rs 8,520.92 cr to Buxar Thermal Power Plant

PSU Watch Bureau -
New Delhi: REC Limited and Power Finance Corporation Limited (PFC), the CPSEs under the Ministry of Power, have signed a Memorandum of Loan Agreement...
News Updates

Govt considers proposal to accord DFI status to REC

PSU Watch Bureau -
REC Ltd said that the government is considering a proposal to accord the firm the status of a Development Financial Institution (DFI)
News Updates

REC seeks shareholders’ nod to raise up to Rs 75,000 cr via bonds

PSU Watch Bureau -
State-run REC Ltd will seek shareholders' approval to raise up to Rs 75,000 crore through issuance of bonds next week, as per the AGM notice
News Updates

RDSS: REC selects Bidgely as technology service provider for energy theft solutions

PSU Watch Bureau -
Global technology service provider Bidgely has been selected by state-run REC Ltd as the technology service provider for energy theft solution to discoms under the RDSS
News Updates

REC gets shareholders’ nod to issue bonus share

PSU Watch Bureau -
REC Limited has received shareholders' approval for the proposal to issue 65.83 crore bonus shares, utilising capital reserves of Rs 658.30 crore
News Updates

REC net profit rises 8% to Rs 2,454 crore in Q1 FY’23

PSU Watch Bureau -
REC Limited has posted an 8 percent increase in its consolidated net profit at Rs 2,454.16 crore for the first quarter ended June 30
News Updates

REC sanctions Rs 22,000 cr to discoms under LPS rules

PSU Watch Bureau -
REC Limited on Thursday said it has sanctioned Rs 22,000 crore to power distribution companies (discoms) to clear their outstanding dues
PSU Appointments

VK Singh takes charge as Director (Technical) of REC Limited

PSU Watch Bureau -
VK Singh has taken over charge as Director (Technical) of REC Limited with effect from July 12, 2022
PSU Events

RECPDCL celebrates its 16th Foundation Day

PSU Watch Bureau -
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, celebrated its 16th foundation day on July 13
PSU Appointments

Govt clears appointment of VK Singh as Director (Technical) of REC Ltd

PSU Watch Bureau -
The Central Government has approved the appointment of VK Singh to the post of Director (Technical) of REC Limited on Tuesday
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