Glimpse through our financial highlights for the quarter ended December 31, 2024. Continuing our strong growth trend, REC has disbursed loans worth ₹54,692 crore, up by 17.98% year-on-year. For 9 months (Q1-Q3) FY24-25, REC disbursed total loans amounting to ₹1,45,647 crore, which is higher by 19.30% compared to ₹1,22,089 crore disbursed in the corresponding period of FY23-24. Our renewable energy loan aggregate also continues to grow at a steady pace, reflecting our commitment towards accelerating India’s clean energy commitments. #FinancialResults #CorporateGrowth #IndiaBusiness #RECPerformance #QuarterlyHighlights #GrowthStory #StrongGrowth #FY2025 #EconomicDevelopment #RenewableIndia #RECLimited #RECLindia
REC Limited
Financial Services
Gurugram, Haryana 26,504 followers
Over five decades of driving power sector growth through comprehensive financial and technical solutions
About us
REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution. As a Maharatna company under the administrative control of the Ministry of Power, we have been rated ‘Excellent’ in terms of the MoUs signed with the Government for 22 consecutive years. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all our employees, we have maintained consistent profit margins and paid dividends each year since fiscal 1998. We have thus propelled ourselves to a net worth of over ₹50,000 crore. Nation-building constitutes our core value. As a natural corollary, we have been appointed as the nodal agency by the Government of India for implementation of schemes like UDAY, DDUGJY and Saubhagya. Our subsidiary – RECPDCL (REC Power Development & Consultancy Limited) works in tandem with us to realise our shared mission by providing consultancy services in Distribution and Transmission sectors. We take due cognizance of the fact that we owe our stupendous success to our customers, the unflinching commitment of our employees and our countrywide presence through 23 offices which ensures easy accessibility. Having bolstered our share in the country’s total power capacity, we are poised to help build a sound infrastructure to provide affordable, accessible and sustainable power.
- Website
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https://recindia.nic.in
External link for REC Limited
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Gurugram, Haryana
- Type
- Public Company
- Founded
- 1969
Locations
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Primary
Plot No. I-4, CITY CENTRE
Sector 29
Gurugram, Haryana 122001, IN
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Core-4, SCOPE Complex,
7 Lodhi Road
New Delhi, Delhi 110003, IN
Employees at REC Limited
Updates
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Securing Health Care Accessibility for the Last Mile! REC Ltd., under its flagship CSR initiative, has committed ₹4.29 crore for the procurement and deployment of four Mobile Medical Units (MMUs) across 4 districts of Punjab. These units, handed over to the Indian Red Cross Society, Punjab, were flagged off by Hon’ble Governor Sh. Gulab Chand Kataria from the Punjab Raj Bhawan in presence of Sh. K. Siva Prasad, Additional Chief Secretary to the Hon’ble Governor, Sh. V.P. Singh, Principal Secretary to the Hon’ble Governor, Sh. S. Dhillon , CEO of IRCS Punjab, and other senior state officials. Shri Pradeep Fellows, ED (CSR), REC and Shri M.A. Ali, Senior CPM, REC Panchkula represented REC in the flag-off ceremony. Serving as a lifeline for deprived communities, the MMUs will provide essential healthcare to them at their doorstep. With the addition of 4 more MMUs to the fleet, REC Foundation continues to expand its CSR footprint, with various Mobile Medical units already operational across PAN India. #HealthcareForAll #RECFoundation #AccessibleHealthcare #RECLimited #MobileMedicalUnits #REC_CSR #RECFoundation #CSRInitiative #HealthForEveryone #CSRImpact #CorporateSocialResponsibility #RECIndia #HealthcareCSR #GivingBack
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At REC, we are committed to fostering a healthy and thriving workplace. Today, in collaboration with Max Hospital, we organized a comprehensive health check-up for employees at the REC Corporate Office, Gurugram. This initiative aimed to promote preventive healthcare and ensure our team’s well-being. Regular health check-ups like these, combined with our on-site wellness facilities such as a fully equipped gym and yoga classes, reflect REC’s dedication to creating a supportive and health-focused work environment for our employees. #EmployeeWellness #HealthyWorkplace #RECLimited #RECLIndia
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आरईसी की सीएसआर इकाई आरईसी फाउंडेशन का लक्ष्य देश-भर में बुनियादी सुविधाओं को बेहतर बनाना है। कंपनी द्वारा ग्रामीण समुदायों को सशक्त बनाने के लिए महत्त्वपूर्ण क्षेत्रों में सीएसआर पहलों के माध्यम से विभिन्न गतिविधियां क्रियान्वित की जा रही हैं। सीएआर के माध्यम से आरईसी ने स्वच्छता संबंधित कई पहलों का नेतृत्व किया है। #RECFoundation #CSRInitiatives #RuralDevelopment #SanitationForAll #EmpoweringCommunities #NBFC #NationBuilding #CleanIndiaMission #CorporateSocialResponsibility #JaiHind #REC_CSR #RECLimited
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नगर राजभाषा कार्यान्वयन समिति, कोलकाता द्वारा दिनांक 22.01.2025 को कोलकाता में समीक्षा बैठक एवं संगोष्ठी का आयोजन किया गया। इस बैठक की अध्यक्षता गृह मंत्रालय के राजभाषा विभाग के संयुक्त निदेशक (नीति) श्री राजेश श्रीवास्तव एवं कोलकाता स्थित विभिन्न उपक्रमों के वरिष्ठ अधिकारियों द्वारा की गई। इस बैठक में आरईसी क्षेत्रीय कार्यालय कोलकाता को राजभाषा के क्षेत्र में उत्कृष्ट कार्यान्वयन के लिए सम्मानित किया गया। #राजभाषाहिंदी #राजभाषा #राजभाषानीति #हिंदीसमृद्धि #आरईसी #हिंदी #संगोष्ठी #आरईसी_क्षेत्रीय_कार्यालय #कोलकाता
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आरईसी के क्षेत्रीय कार्यालय, लखनऊ में 76वां गणतंत्र दिवस धूमधाम से मनाया गया। इस अवसर पर मुख्य कार्यक्रम प्रबंधक ने कार्मिकों और सेवानिवृत्त कर्मचारियों के साथ राष्ट्रीय ध्वज फहराया। गणतंत्र दिवस के इस समारोह में कार्यालय के विभिन्न कार्मिकों ने देशभक्ति पर आधारित गीत की प्रस्तुतियां दीं और देश के स्वतंत्रता सेनानियों के बलिदान को याद किया। #RepublicDay #RepublicDayIndia #26January #RepublicDayCelebrations #ProudToBeIndian #RepublicDayWishes #JaiHind #VandeMataram #India #RECLimited #RECLindia #गणतंत्र_दिवस #Lucknow
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76वें गणतंत्र दिवस के पावन अवसर पर आरईसी के क्षेत्रीय कार्यालय, जम्मू में गौरवशाली राष्ट्रीय ध्वज फहराया गया। कार्मिकों ने एकता, अखंडता और लोकतांत्रिक मूल्यों को सदैव कायम रखने के संकल्प के साथ स्वतंत्रता संग्राम के सेनानियों के बलिदान को नमन किया। समारोह में कार्यालय के सभी अधिकारीगण और कर्मचारीगण मौजूद रहे। #RepublicDay #RepublicDayIndia #26January #RepublicDayCelebrations #ProudToBeIndian #RepublicDayWishes #JaiHind #VandeMataram #India #RECLimited #RECLindia #गणतंत्र_दिवस #Jammu
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आरईसी लिमिटेड के स्कोप कॉम्प्लेक्स, नई दिल्ली स्थित कार्यालय में 76वां गणतंत्र दिवस समारोह हर्षोल्लास और उमंग के साथ मनाया गया। इस अवसर पर आरईसी के सीएमडी श्री विवेक कुमार देवांगन द्वारा भारत का राष्ट्रीय ध्वज फहराया गया। इस समारोह में कार्यालय के अन्य वरिष्ठ अधिकारी एवं कर्मचारी भी बड़ी संख्या में उपस्थित रहे। #RepublicDay #RepublicDayIndia #26January #RepublicDayCelebrations #IndiaCelebrates #ProudToBeIndian #RepublicDayWishes #JaiHind #VandeMataram #India #RECLimited #RECLindia #गणतंत्र_दिवस
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REC extends warm wishes on the occasion of #76thRepublicDay! As we commemorate the adoption of our cherished #Constitution, let us celebrate the strength of our democracy and pledge to uphold its principles with pride and dedication. Jai Hind! #RepublicDay #RepublicDayIndia #26January #RepublicDayCelebrations #IndiaCelebrates #ProudToBeIndian #RepublicDayWishes #JaiHind #VandeMataram #India #RECLimited #RECLindia
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Greetings on #NationalTourismDay This Tourism Day, explore India’s rich culture and diversity while preserving it for the generations to come. Choose #ElectricVehicle- say yes to sustainability! #TourismDay #IncredibleIndia #TourismForAll #LocalTourism #EcoTourism #IndianTourism #ExploreIndia #SustainableTourism