REC Ltd. News and Updates

Keep track of all breaking news on REC Ltd. from all sources in a single place.

REC Ltd.

12 May 2025, 06:17AM

412.65

7.39%

Will NaBFID successfully navigate offshore bond market?

Economic Times

The last time an Indian public sector entity tapped the dollar bond market was in September 2024, when power sector financier REC raised $500 million at 4.75%. This was purely a non-deal roadshow, one person said. "NaBFID is testing waters and may not immediately raise funds

REC Ltd. is trading below all available SMAs

REC Ltd.

09 May 2025

412.65

7.39%

REC Final Dividend 2025 Announced: Check Amount, Payment Date And More

NDTV Profit

REC Limited, a leading public sector enterprise in the power sector financing space, continues its track record of rewarding shareholders with consistent dividend payouts.

Number of FII/FPI investors decreased from 968 to 944 in Mar 2025 qtr

REC targets zero NPA by March 2026

Business Line | 08 May 2025 3 more

REC Ltd.

08 May 2025

412.65

7.39%

REC to provide Rs 2.5 trn finance for renewable energy projects till 2030

Business Standard

State-owned non-banking finance firm REC Ltd will increase its exposure to renewable energy projects by about Rs 2.5 lakh crore in next six years to aid India's target of having 500 GW of non-fossil fuel energy by 2030. REC currently has an exposure of about Rs 53,000 crore in renewable energy projects with a total loan book of Rs 5.67 lakh crore as on March 31, 2025. The company has planned to achieve a loan book of Rs 10 lakh crore including Rs 3 lakh crore exposure in renewable energy project by 2030. Renewable energy is a key area where the company will focus in the coming six years in view of nation's ambitious target of having 500 GW renewable energy by 2030. Talking to PTI, REC Chairman and Managing Director Jitendra Srivastava said, "Currently, our loan book stands at around 5.67 lakh crore. and we are trying to aim for a loan book of 10 lakh crore by 2030. Out of this, we would like to see the renewable sector touching around 3 lakh crore, which is currently around Rs 52,0

REC Ltd. has lost -21.90% in the last 6 Months

REC Ltd.

07 May 2025

412.65

7.39%

REC Q4 Results 2025: Date, Dividend Details And More

NDTV Profit

REC Ltd. is scheduled to report its financial results for the fourth quarter and FY 2024-25 on May 8.

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

22 Apr 2025

412.65

7.39%

JitendraSrivastava assumes charge as CMD of REC

Business Line

Srivastava is a seasoned civil servant with over two decades of experience

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

22 Apr 2025

412.65

7.39%

Govt appoints 2000-batch IAS officer Jitendra Srivastava as CMD of REC Ltd

Business Standard

State-owned REC Ltd on Tuesday announced the appointment of Jitendra Srivastava as its Chairman and Managing Director, with immediate effect. He takes over from Parminder Chopra, CMD, Power Finance Corporation, who was given the additional charge of REC chief, the company said a regulatory filing. The Ministry of Power had conveyed the appointment of Srivastava, Joint Secretary, Department of Drinking Water and Sanitation, Ministry of Jal Shakti as CMD of the REC Ltd in the rank and pay of Additional Secretary to the Government of India, it said. Srivastava is 2000 batch IAS officer of Bihar Cadre. He has held several key administrative and leadership roles in the Centre and Bihar government. Earlier, he served as Secretary to Government of Bihar in Home Department and Public Health Engineering Department (PHED). His postings have included important assignments in sectors such as finance, power sector, education, public health and infrastructure.