On the 52nd Foundation Day of REC Limited, Union Power Minister released a report on Key Regulatory Parameters of Power Utilities.
About:
REC Limited, formerly Rural Electrification Corporation Limited, is a Navratna NBFC under the purview of the Ministry of Power focusing on Power Sector Financing and Development across India.
Established in 1969, it provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities.
Its business activities involve financing projects in the complete power sector value chain; different type of projects includes Generation, Transmission, Distribution Projects, and Renewable Energy projects.
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