Search For "rec limited"
REC gets RBI nod to set up subsidiary in GIFT City, Gujarat
Updated : 1 year, 10 months ago IST
REC Limited, a non-banking financial company, has received a No Objection Certificate (NOC) from Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech- City ( GIFT) in Gandhinagar, Gujarat.
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REC to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in
Updated : 1 year, 10 months ago IST
REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan.
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REC Limited to finance power, infrastructure projects in Rajasthan worth R
Updated : 2 years ago IST
According to a press release by the Ministry of Power, the Memorandum of Understanding (MoU) signed between REC Limited and the state government entails financing projects across power and non-power infrastructure sectors, with an annual commitment of up to Rs 20,000 crores for the next six
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BFI's REC Talent Hunt Programme heads to Guwahati with Eastern Open Talent
Updated : 2 years, 1 month ago IST
The registration process for the REC Eastern Open Talent Hunt has already begun, with Junior/Sub-Junior registrations closing on February 24, 2024, and Elite/Youth registrations closing on March 4th, 2024. The event will kickstart on March 2 with Junior and sub-junior events and will run unt
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REC Limited, NIIFL forge partnership to boost renewable energy and infrast
Updated : 2 years, 1 month ago IST
According to a press release by the Ministry of Power, the collaborative effort aims to develop innovative funding solutions that will support key projects driving the nation's progress.
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REC extends Rs 6,075 cr loan to Greenko to set up 1,440 MW pumped storage
Updated : 2 years, 5 months ago IST
REC Limited has sanctioned a Rs 6,075 crore loan to renewable energy company Greenko for setting up a 1,440-megawatt Standalone Pumped Storage Project.
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REC signs USD 100 million foreign currency term loan agreement with EXIM B
Updated : 2 years, 6 months ago IST
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with the Export-Import Bank of India (EXIM Bank).
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REC to provide loan to DVC for setting up 1,320 MW Thermal Power Project i
Updated : 2 years, 6 months ago IST
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has entered into a pact with Damodar Valley Corporation (DVC), under which REC will provide a loan of Rs 4,527.68 crore to DVC for setting up a 1,320 MW thermal power project (2x660 MW) at Raghunathpur i
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Hero Future Energies signs MoUs for Rs 6200 crores to develop future Renew
Updated : 2 years, 7 months ago IST
New Delhi [India], July 26: Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of Rs.3100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) m
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REC extends Rs 4,785 cr for HPCL Rajasthan refinery's project in Barmer
Updated : 2 years, 8 months ago IST
"The loan has been extended as part of a consortium arrangement for Rs 48,625 crores, wherein the share of REC Limited is Rs 4,785 crores. The refinery cum complex will have a capacity of 9 Million Metric Tonnes per Annum (MMTA), and would entail a total project cost of Rs 72,937 crores," th
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REC Ltd to provide Rs 3,045 cr assistance for phase II Bangalore Metro pro
Updated : 2 years, 8 months ago IST
With the completion of Phase II (72.09 km), the 'Namma Metro' combined network shall stand at a line length of 114.39 km, with 101 stations.
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Cyril Amarchand Mangaldas advises in relation to USD 750 million green bon
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], April 25 (ANI/BusinessWire India): Cyril Amarchand Mangaldas (CAM) advised in relation to REC's Limited's USD 750 million issuance of 5.625 per cent green bonds ("Notes"). CAM advised the "Dealers" to the transaction, namely, Barclays Bank PLC, DBS Ba
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