REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India.
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The Saga of REC Limited
1 min read
Category
Company Brands & Tech Giants
Era / Tenure
Historic Legacy
Leaderboard Rank
#338 in Company Brands & Tech Giants
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29,602 Hearts
ORIGINS & BACKGROUND
Profile & Early Foundations
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India.
THE JOURNEY & BREAKTHROUGHS
Major Works & Significant Milestones
It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.
Key Milestone & Career Defining Moment
It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.
— Official Historical Record & Archive
SUCCESS & ENDURING LEGACY
Honours, Standing & Enduring Legacy
It is a subsidiary of Power Finance Corporation (PFC) and is under administrative control of the Ministry of Power, Government of India.
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