REC Ltd
Company Profile
Business description
REC Ltd is a non-banking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. It comprises only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.
Contact
Sector-29
Plot No. 1.-4
Near IFFCO Chowk Metro Station
GurugramHR122001
INDT: +91 1244441300
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
31 March 2027
Employees
512
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