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   Rural Electrification Corporation Limited (REC), a NAVRATNA Central Public Sector Enterprise under Ministry of Power, was incorporated on July 25, 1969 under the Companies Act 1956. REC is a listed Public Sector Enterprise Government of India with a net worth of Rs. 11,080 Crore as on 31.03.10. Its main objective is to finance and promote rural electrification projects all over the country. profile    

The opportunities for financing power infrastructure projects in the coming years are thus colossal and your Company will have a sizable share in funding these power projects. Besides, as a nodal agency for monitoring and channelizing funds under the RGGVY programme, your Company continues to take up the socio-economic Chairman_Speech




 
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Last Updated: 22th May 2013