REC Ltd

Company Profile

• Business description

  REC Ltd is a nonbanking 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 of only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.

• Contact

  Plot No. I-4, Sector 29
  GurugramHR122001
  IND

  T: +91 1244441300

  https://www.recindia.nic.in

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Credit Services

  Fiscal Year End

  31 March 2025

  Employees

  980