REC, a Public Sector Enterprise, was incorporated
on July 25, 1969 under the Companies Act 1956. REC is a listed Goverment of India Public Sector Enterprise with a networth of Rs. 11,080 crore. Its main objective is to finance and promote rural electrification project all over the country. The Corporate Office is
located at New Delhi and seventeen fully staffed Project Offices are located
in different states of the country, apart from one Training Institute viz.
Central Institute for Rural Electrification at Hyderabad. To focus attention
on human resources development, Corporation has been sponsoring its Executives
and Non-Executives to specialised Training programme conducted by various
agencies and overseas organisations of repute. As on 01.05.2011 it has on
its roll 682 employees, (391 Executives from different disciplines viz.
Engineering, Finance, Economic and specialised cadres and 291 non-Executives).
Salaries of the employees are highly competitive
and employees are also given several generous benefits & perks. REC's
performance has earned " Excellent" rating for the past several
years. The Corporation was recently given an award by the Hon'ble Vice President
of India for being one of the top 10 performing PSEs in the country.
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