REC Limited and Sagarmala Finance Corporation Limited (SMFCL) sign MoU to boost Maritime Infrastructure Financing
Mumbai, October 29, 2025: REC Limited and Sagarmala Finance Corporation Limited (SMFCL), have signed a Memorandum of Understanding (MoU) today at the India Maritime Week 2025 in Mumbai. The MoU was formally signed between Smt. Saraswathi, ED…
REC declares 2nd interim dividend of Rs. 4.6 per share
HIGHEST EVER PROFIT AFTER TAX OF Rs. 8,877 CRORE AND DISBURSEMENT OF Rs. 1,15,470 CRORE IN H1 FY2026 Delhi, October 17, 2025: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the…
RECPDCL Handovers Rajgarh Neemuch Power Transmission SPV to G R Infraprojects Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS…
REC Limited held 56th AGM
Gurugram, 27 August 2025: The 56th Annual General Meeting (AGM) of the REC Limited was held today at 11:00 A.M. through video conferencing. Shri Jitendra Srivastava, Chairman & Managing Director chaired the meeting and was attended by all the…
REC secures CBDT Nod for Rs. 5,000 crore Zero Coupon Bonds
REC Limited, a Maharatna PSU under the Ministry of Power, has received clearance from the Central Board of Direct Taxes (CBDT) for the issuance of Rs. 5,000 crore worth of Zero Coupon Bonds (ZCBs) with a tenure of 10.5 years. Notified via CBDT…
Foundation laid for Grand Auditorium by Union Minister in Siddharth Nagar
In a significant boost to Siddharth Nagar’s cultural and social infrastructure, Union Minister Shri Manohar Lal, who holds the portfolios of Power and Housing & Urban Affairs, laid the foundation stone for a state-of-the-art 1000-seat Community…
REC reports record net profit of Rs. 15,713 crore for FY’25
REC Limited has posted robust financial results for the fiscal year ending March 31, 2025, registering a record standalone net profit of Rs. 15,713 crore—up 12% from the previous year. Disbursements rose to Rs. 1.91 lakh crore, and total income climbed…
Jitendra Srivastava assumes Charge as CMD, REC Limited
Veteran bureaucrat Jitendra Srivastava, a 2000 batch IAS officer from the Bihar cadre, has taken over as Chairman and Managing Director (CMD) of REC Limited. Known for his work in sectors like public health, infrastructure, and finance, Srivastava brings…
Jitendra Srivastava named CMD of REC Limited
In a significant leadership change, Jitendra Srivastava has been appointed as the Chairman-cum-Managing Director of REC Limited. A 2000 batch IAS officer of the Bihar cadre, Srivastava will hold this position at the rank of Additional Secretary, guiding…