REC Limited
Highly Engaged Employees
Highly Engaged EmployeesFinance · India · 501-1,000 Employees
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Overview
Headquarters
Core-4 Scope Complex 7 Lodhi Rd, New Del...Phone Number
+91 1244441300Website
recindia.nic.inRevenue
$2.2 BillionStock Symbol
RECLTDIndustry
ZI Rank: 5
Signal Type
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ZI Rank
3
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5
About REC Limited
REC Limited, founded in 1969 and headquartered in New Delhi, India, is a financial institution specializing in providing funding and investment solutions for the power sector. Initially established to support agricultural irrigation during drought conditions, REC has evolved into a comprehensive financial services provider focusing on power generation, transmission, and distribution projects. The company offers venture capital and financial assistance to energy infrastructure initiatives across Asia, particularly in India. As a member of the Global 2000 list, REC Limited continues to play a crucial role in developing power infrastructure through strategic financial solutions.Explore more
REC Limited Org Chart
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Power Manager, Corporate Strategy
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REC Limited is experiencing very low activity levels compared to other companies in the Finance sector.
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REC Limited financials insights
Gather financial insights about REC Limited, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Debt
$400M
2023
Debt
$750M
2024
Debt
$500M
Stock Offering
$700M
REC Limited Tech Stack
A closer look at the technologies used by REC Limited
Most Recent Scoops
Mergers & Acquisitions (M&A)
Mergers & Acquisitions, Acquisitions, Mergers
Project
REC Limited is considering the purchase of solutions related to field service management such as Service Fusion.
Spending/Investment, Field /Outside Sales, Sales Operations
Project
Spending/Investment
Funding
Funding
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Digital Marketing, Asset Management, Spending/Investment, Content Management, Security, Customer Experience
REC Limited News & Media
PFC announces merger with REC in line with Budget 2026 roadmap - The Economic Times
Power Finance Corporation's board has approved a merger with Rural Electrification Corporation. This move aligns with the Union Budget 2026 roadmap. The restructuring aims to achieve scale and improve efficiency in public sector power financiers. The merger will consolidate both entities into a single balance sheet. This significant step is set to reshape India's power financing landscape.ACME Secures ₹37 Billion Loan from REC for 320 MW FDRE Projects - Mercom India
ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and Dispatchable Renewable Energy (FDRE)...REC Secures Massive Rs 3,250 cr Green Loan from Italy's Export Credit Agency SACE
REC a state-owned non-banking financial company under the Ministry of Power, secured a substantial green loan of 60.5 billion Japanese Yen from SACE, Italy's export credit agency.REC signs MoU with NICSI for ICT and Digital Transformation | Headlines - Devdiscourse
The MoU to this effect was signed by Sh. Pankaj Gupta, Sr.GM & HoD (IT) - REC Limited and Dr. Vinay Thakur, MD – NICSI in New Delhi.
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REC Limited, founded in 1969 and headquartered in New Delhi, India, is a financial institution specializing in providing funding and investment solutions for the power sector. Initially established to support agricultural irrigation during drought conditions, REC has evolved into a comprehensive financial services provider focusing on power generat... Read More
