Description: REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers long-term loans, medium-term Loans, and short-terms loans. The company also acts as a nodal agency for the implementation various schemes and programmes of the Ministry of Power, and Government of India, such as Deendayal Upadhyaya Gram Jyoti Yojana, Pradhan Mantri Sahaj Bijli Har Ghar Yojana, National Electricity Fund, and 11kV Rural Feeder Management System, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides consultancy services in transmission and distribution sectors. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was founded in 1969 and is based in New Delhi, India. REC Limited is a subsidiary of Power Finance Corporation Limited.
Home Page: www.recindia.nic.in
Officers
| Name | Title |
|---|---|
| Mr. Sanjeev Kumar Gupta | Chairman, MD & Director of Technical |
| Mr. Jyoti Shubhra Amitabh | Exec. Director, GM, Compliance Officer & Company Sec. |
| Mr. Ajoy Choudhary | Director of Fin. |
| Mr. Daljeet Singh Khatri | Chief Gen. Mang. of Fin. & Accounts |
| Mr. Ashok Awasthi | Exec. Director of Admin. & Estate |
Exchange: BSE
Country: IN
Currency: Indian Rupee (INR)
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 4.4883 |
| Price-to-Book MRQ: | 0.5538 |
| Price-to-Sales TTM: | 1.9155 |
| IPO Date: | |
| Fiscal Year End: | March |
| Full Time Employees: | 0 |