Search For "rural electrification corporation"
Government's vision is to make available affordable power for all 24x7: Un
Updated : 4 years, 7 months ago IST
New Delhi [India], October 6 (ANI): Union Power Ministry reviewed the performance of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) Limited on October 4 and 5, respectively, said a press release from the power ministry.
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Govt asks gencos, telcos to cap late payment surcharge at 12 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 22 (ANI): The government has asked power generating and transmission companies to cap late payment surcharge at 12 per cent per annum for all dues cleared under the Rs 90,000 crore liquidity infusion scheme of Power Finance Corporation (PFC) and Rural Electrification C
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CCEA approves one-time relaxation to PFC, REC for extending loans to disco
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 19 (ANI): The Cabinet Committee on Economic Affairs has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (discoms) above limits of the working capital cap of 25 p
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PFC signs pact to acquire majority stake in REC for Rs 14,500 crore
Updated : 7 years, 2 months ago IST
New Delhi [India], Mar 21 (ANI): State-owned Power Finance Corporation (PFC) has signed a share purchase agreement to acquire all 52.63 per cent shares of the government in Rural Electrification Corporation (REC) for about Rs 14,500 crore.
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Cabinet gives 'In Principle' approval to PFC takeover of REC
Updated : 7 years, 5 months ago IST
New Delhi [India], Dec 7 (ANI): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its 'In Principle' approval the for strategic sale of the Centre's existing 52.63 per cent of total paid up equity shareholding in Rural Electrification Corporation (
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Rural Electrification Corporation announces half-yearly financial results
Updated : 8 years, 6 months ago IST
New Delhi [India] Nov. 6 (ANI): Rural Electrification Corporation Limited (REC) on Monday declared financial results for the quarter and half year ended on September 30, 2017.
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Andhra: REC agrees to reduce interest rate on loan by 2%
Updated : 8 years, 7 months ago IST
Hyderabad (Andhra Pradesh) [India], October 6 (ANI): The Rural Electrification Corporation (REC) of India has agreed to reduce the interest rate on loans to be given to Andhra Pradesh by 2 per cent.
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Rural Electrification Corporation of India launches first Green Bond in Lo
Updated : 8 years, 9 months ago IST
London [United Kingdom], June 30 (ANI): The London Stock Exchange today welcomes Rural Electrification Corporation's (REC) first green bond, which was admitted to trading on London's International Securities Market (ISM). The ten year dated green bond raised $450 million, with an a
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