Thursday, March 28, 2024

REC and DVC sign a ₹588 crore pact for TUBED coal mine development

Gurugram: REC Limited, a Maharatna CPSE under the Ministry of Power and a renowned NBFC, recently signed deals worth ₹588 crore with Damodar Valley...

RECPDCL , Gujarat govt ink pact for smart metering project  

Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSE under the Ministry of Power, and...

REC and RVNL sign an agreement to finance infrastructure projects

New Delhi: REC Limited has signed an agreement with RVNL to finance infrastructure projects worth up to Rs. 35,000 crore over the next five...

REC signs pact with RailTel to finance infra projects in telecom, IT, and railway...

Gurugram: Power sector Maharatna REC Limited signed an agreement with RailTel on Thursday to provide financial assistance up to Rs. 30,000 crore for infrastructure...

Srinagar Smart City takes green route via Tata electric buses

Srinagar: Tata Motors has supplied the first batch of Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, part of a 12-year order...

REC organises workshop on Customised Debt-Financing for Commercial Mining and MDOs

New Delhi: REC Limited, a leading public sector enterprise under the Ministry of Power, held an informative workshop on 'Customised Debt-Financing for Commercial Mining...

REC commits over Rs 40,000 cr to two green hydrogen and conventional power projects...

Gurugram: REC Limited reached a significant milestone by signing three Memorandums of Understanding (MOUs) totalling Rs. 40,358 crore to support and finance various projects...

REC launches mobile app for 54EC bond investors

New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has launched a mobile application designed specifically for current...

REC signs a MoU with PFC for FYs 2023–24 and 2024–25

New Delhi : REC Limited signed an MOU with PFC as per the DPE Performance Evaluation System for FYs 2023–24 and 2024–25 for CPSEs...

REC inks a USD 100 million foreign currency term loan pact with EXIM Bank

Gurugram: REC Limited announced that it has signed a foreign currency term loan agreement for USD 100 million with Export Import Bank of India...

Latest article

Steelmakers moving closer to global carbon emission average

Export competitiveness, financial flexibility to grow, and a full transition to green steel remain challenges. New Delhi: Domestic primary steelmakers are on track to meet...

Fujifilm introduces high-end analog instant camera

New Delhi: FUJIFILM India announced the newest introduction to the FUJIFILM INSTAX family of analogue instant cameras with the debut of its FUJIFILM INSTAX...

“With a diverse asset portfolio, REC will be able to meet future business growth”

REC holds a strategic position due to its role in financing the power sector and implementing the Government of India's policies and flagship programmes....

As a proportion of GDP, India now surpasses China in terms of goods and...

India ranks ninth in the world for the breadth of its merchandise trade, showing the reach of its exports and imports into global...

REC inks MoU with Rajasthan government to fund power and infra projects

New Delhi: REC Limited, a Maharatna CPSE and NBFC, has signed a MoU with Rajasthan's government to finance power and non-power infrastructure projects up...

FLY91 gets air operator permit from DGCA; commercial operations to begin soon

Goa: Goa-based airline FLY91 has got its Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), Ministry of Civil Aviation. The grant...