REC Limited

Continuing our legacy of growth, REC has delivered outstanding performance in the second quarter of FY25, achieving the highest-ever half-yearly profit of ₹7,448 crore! View our latest #financialresults for key figures and insights into the growth we have registered in Q2FY25. In line with our commitment to India’s green energy transition, renewables constituted the major component of our total disbursements in H1FY25. Supported by growth across all verticals, our net worth has reached a new high of ₹72,893 crore as of September 30, 2024. #RECGrowth #FinancialResults #Q2FY25 #ProfitMilestone #SustainableFinance #GreenEnergy #RenewableEnergy #RECLIndia #InvestmentInIndia #EnergyTransition #IndiaGrowthStory #GreenFinance #EconomicGrowth #PoweringIndia #CleanEnergy #RECLimited

#InternshipOpportunity Enroll for the PM Internship Scheme today! Enhance your skills, gain practical experience and open your chances of working with the top companies of the country! Last date of application: 10th Nov, 2024 #PMInternshipScheme #SkillIndia #Internship2024 #CareerGrowth #SkillsDevelopment #RECLimited #YouthOpportunities #FutureLeaders

Sh. Vivek Kumar Dewangan, CMD, REC Ltd., was part of a dynamic panel discussion on the evolving role of NBFCs in India’s financial landscape. #WatchHere as he discusses the diversified borrowing portfolio of REC and the critical role that NBFCs such as REC would play in collaboration with traditional banks to take India towards the #ViksitBharat goal of 2047. #bsbfsi #bfsievent #leadership #finance #Networking #BFSISummit #BusinessStandardSummit #RECLimited #FinanceSummit2024 #NBFC #RECLindia

Securing the cyberspace has become integral to #vigilance in the current times. Keeping this in view, a training program on ‘Cyber Hygiene & Security’ was organised at the REC Corporate Office in Gurugram today. The session was led by Sh. K. Venugopal, Sr GM (IT) & HoD(CISO), REC. The program is a part of a series of workshops and trainings that REC has been organising in observance of #VigilanceAwarenessWeek 2024. #IntegrityInAction #RECLIndia #DigitalTransparency #Accountability #BetterFuture #IndiaFightsCorruption #RECLimited #RECLindia

Sh. Vivek Kumar Dewangan, CMD, REC, participated in a dynamic panel discussion on ‘NBFCs: Coming out of the shadow of banks’ along with key players from the industry at the Business Standard BFSI Summit in Mumbai today. REC CMD stressed on the role of NBFCs in financing niche sectors that are overlooked by traditional banks. “In response to sector-specific challenges, REC has developed flexible financing models to support renewable energy and greenfield projects, and REC tailors financing to fit the long gestation periods required in power projects. This kind of customization sets NBFCs apart from traditional banks. REC has developed specific products for new emerging technologies like Pumped Storage, E-vehicles, Green Ammonia, Green Hydrogen etc.,” he said. He closed his remarks by highlighting the potential of NBFCs in transforming India not by replicating banks but by offering complementary services, sectoral expertise, and flexibility. #bsbfsi #bfsievent #leadership #finance #Networking #BFSISummit #BusinessStandardSummit #RECLimited #FinanceSummit2024 #NBFC #RECLindia I

Wrapping up #VigilanceAwarenessWeek2024 with a special prize distribution ceremony at the REC Corporate Office in Gurugram! It was inspiring to see not only our officials but also their families join in the celebrations, highlighting the importance of integrity in every aspect of life. Thank you to everyone who participated and made this week truly memorable! #IntegrityInAction #RECLIndia #Transparency #Accountability #Gurugram #BetterFuture #IndiaFightsCorruption #RECLimited #RECLindia

𝐎𝐮𝐫 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 #𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐞𝐧𝐞𝐫𝐠𝐲 𝐬𝐞𝐜𝐭𝐨𝐫 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬! Take a quick look at the key figures from our latest financial results. In H1FY25, REC has disbursed loans amounting to ₹90,955 crore, with disbursements to renewables constituting a major component at ₹11,297 crore. 𝘍𝘰𝘳 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘦 𝘳𝘦𝘴𝘶𝘭𝘵𝘴, 𝘷𝘪𝘴𝘪𝘵: 𝘩𝘵𝘵𝘱𝘴: //𝘣𝘪𝘵.𝘭𝘺/4𝘩𝘴𝘔𝘘𝘳4 #RECGrowth #FinancialResults #Q2FY25 #SustainableFinance #RenewableEnergy #RECLIndia #EnergyTransition #IndiaGrowthStory #GreenFinance #PoweringIndia #CleanEnergy #RECLimited

As part of #VigilanceAwarnessWeek 2024, an in-house quiz and slogan writing competition was organised among the officials of REC’s Regional Office, Bengaluru. The events which were focused on this year’s theme ‘Culture of Integrity for Nation’s Prosperity’, further highlighted the significance of maintaining integrity, transparency and accountability in the workplace. The program ended on a high note with the felicitation of winners. #VigilanceAwarenessWeek2024 #IntegrityInAction #RECLIndia #Transparency #Accountability #BetterFuture #IndiaFightsCorruption #RECLimited

The festival of lights is a reminder to illuminate the lives of others! On the auspicious occasion of Diwali, the Hon'ble Governor of Chhattisgarh Sh. Ramen Deka in presence Sh. Vivek Kumar Dewangan, CMD and other senior officials of REC & IRCS Chhattisgarh has flagged off 4 Mobile Medical Units under REC’s CSR initiative in partnership with the Indian Red Cross Society. REC has committed financial support of ₹ 4.83 Cr. for the procurement and deployment of 4 Mobile Medical Units (MMUs) along with related operational expenditure for three years. These units will bring primary health care services to the doorsteps of the deprived sections of society across 4 districts of Chhattisgarh. The MMUs will serve as a lifeline for remote and underserved areas, offering essential medical care to individuals who may otherwise lack access to such services. REC Foundation is also presently operating 10 Mobile Health Clinics under the 'Doctor Apke Dwar' CSR project in districts of Bihar. #Diwali2024 #FestivalOfLights #RECForHealth #MobileMedicalUnits #RECFoundation #CSRInitiative #HealthForAll #HealthcareAccess #Chhattisgarh #RECLimited #IndianRedCrossSociety #DoctorApkeDwar #RuralHealthcare #HealthInclusion #CommunityCare #MedicalOutreach #Deepavali2024 #TransformingLives #RECIndia #SupportAndCare #EmpoweringIndia #RECFoundation

Heartiest greetings on Diwali from the #REC family! As light dispels darkness and the festive spirit takes over, we asked our employees what Diwali means to them. What does Diwali signify for you? Let us know in the comments. #HappyDiwaliIndia #HappyDiwali2024 #DiwaliVibes #DiwaliFestival #RECLimited