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324.79999 INR
2.7
0.84%
Last update Apr 2, 3:29 PM IST
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Day range
311.25
325.95001
Previous close
322.10001
Open
317.54999
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Rec Ltd.
324.80
2.70
0.84%

Overview

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Description

Rec Ltd. is a specialized financial institution that plays a pivotal role in India's power sector. Established to provide financial assistance to power projects across the nation, Rec Ltd. primarily focuses on funding initiatives related to power generation, transmission, and distribution. With a mandate to support infrastructure development, it facilitates public and private sector power utilities in achieving their project goals. One of the standout features of Rec Ltd. is its ability to offer customized financing solutions, ranging from short-term loans to long-term financial arrangements. In doing so, it significantly impacts industries involved in electricity generation, grid enhancement, and rural electrification efforts. Headquartered in India, Rec Ltd. serves as a key financial backbone for the country's energy infrastructure, fostering growth and sustainability within the sector. Its operations and strategic initiatives are critical in supporting India's objective to boost electricity availability and reliability across its vast geographic and socio-economic landscape.

About

CEO
Mr. Rajesh Kumar
Employees
512
Address
Plot No. I-4
Sector 29
Gurugram, 122001
Phone
91 11 4309 1500
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XNSE
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