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Symbol | Exchange | Currency | ||
---|---|---|---|---|
RECM | NSE | INR | Real-time | |
RECMc1:NS | NSE | INR | Delayed | |
RECMc2:NS | NSE | INR | Delayed | |
RECMc3:NS | NSE | INR | Delayed | |
RECM | BSE | INR | Delayed |
REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company 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 implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.
Name | Age | Since | Title |
---|---|---|---|
Mritunjay Kumar Narayan | 51 | 2019 | Government Nominee Director |
Sanjeev Kumar Gupta | 60 | 2015 | Director of Technical & Executive Director |
Tanmay Kumar | 54 | 2020 | Government Nominee Director |
Vijay Kumar Singh | 59 | 2022 | Director of Projects & Director |
Manoj Manoharrao Pande | - | 2021 | Part-Time Non Official Independent Director |
Narayanan Thirupathy | - | 2023 | Part Time Non-Official Independent Director |
Gambheer Singh | - | 2021 | Part-Time Non-Official Independent Director |
Prabhat Kumar Singh | 67 | 2024 | Executive Director |
Manoj Sharma | - | 2023 | Nominee Director |
Shashank Misra | - | 2023 | Government Nominee Director |
Durgesh Nandini Tiwari | - | 2021 | Part-Time Non-Official Independent Director |
Taruna Gupta | - | 2023 | Executive Director |
Saurabh Rastogi | - | 2023 | Executive Director |
Ajay Mathur | 60 | 2023 | Executive Director |
Dharmendra Nagpal | - | 2023 | Executive Director |
Harsh Baweja | - | 2024 | Executive Director & Director of Finance |
Vivek Kumar Dewangan | 57 | 2022 | Chairman & MD |
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