REC Ltd. News and Updates

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

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REC Ltd.

25 Nov 2024

401.15

0.58%

Adani bribery case: Accused executive's new company landed a $1.2 billion investment pact from REC in September

livemint

Former Azure Power CEO Ranjit Gupta, indicted in the $250 million Adani bribery case, aims to build a green energy empire from Egypt to Odisha with $21 billion in investments by 2030..Apart from naming Gupta, the US Justice Department's complaint mentions a Co-Conspirator #2', who remains unnamed.

REC Ltd.'s price crossed below 30Day SMA today

REC Ltd.

10 Nov 2024

401.15

0.58%

REC eyes another Rs 5,000 crore fundraise through zero-coupon bonds

Business Standard

IRFC looking to raise Rs 3,000 crore through bonds today

REC Ltd. is trading above its 30 day SMA of 401.0

REC Ltd.

07 Nov 2024

401.15

0.58%

Dividend, bonus: REC, Petronet LNG, & 10 others to remain in focus today

Business Standard

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

REC Ltd. is trading above its 30 day SMA of 401.0

REC Ltd.

26 Oct 2024

401.15

0.58%

REC posts 4,038 cr net profit in Q2 FY25

Business Line

Its consolidated total income stood at around Rs 13,706 crore in Q2 FY25, compared to Rs 13,092 in Q1 FY25

REC Ltd.'s price crossed below 30Day SMA today

REC Q2 results: Net profit grows 7% to Rs 4,037 cr on higher income

Business Standard | 26 Oct 2024 1 more

REC Ltd.

24 Oct 2024

401.15

0.58%

REC Arm Incorporates Subsidiary For Power Evacuation

NDTV Profit

The entity has been incorporated for transmission scheme for evacuation of power from Ratle hydroelectric project.

REC Ltd. is trading below its 50 day SMA of 401.2

REC Ltd.

05 Oct 2024

401.15

0.58%

REC Q2 Updates: Records Loan Growth Of Nearly 14% At Rs 47,303 Crore

NDTV Profit

Of this, renewable energy loans aggregated to Rs 5,946 crore, up 37.35% year-on-year.

REC Ltd. is trading below its 50 day SMA of 401.2

REC disburses loans worth Rs 90,955 cr from Apr-Sep, up 20% from yr ago

Business Standard | 05 Oct 2024

REC Ltd.

30 Sep 2024

401.15

0.58%

Huge response for REC's zero-coupon bonds

Business Line

Investors place offers for 33,671 crore against 5,000 crore issue size

REC Ltd. is trading above its 30 day SMA of 401.0

REC's deep-discount zero-coupon bond issuance receives strong demand

Business Standard | 30 Sep 2024 2 more

REC Ltd.

28 Sep 2024

401.15

0.58%

REC raises $500 million via green bond to support renewable energy projects

Business Standard

State-owned REC Ltd on Saturday said it has raised USD 500 million through green dollar bonds to support various renewable energy projects. The 5-year note has a coupon rate of 4.75 per cent per annum to be paid semi-annually and the maturity date of September 27, 2029. This is the first US dollar bond issuance from an Indian public sector enterprise in 2024, REC said in a statement. The latest fund raise was part of USD 10 billion global medium-term programme of the company. The proceeds will be used to finance eligible green projects, in accordance with REC's Green Finance Framework as per green bond principles of Climate Bond Initiative, London and RBI's ECB guidelines, with a second-party opinion from Sustainable Fitch, it said. "The overwhelming demand for our green bonds, amidst a challenging global financial environment, reflects the established standing of India as a key player in the green finance market," said Vivek Kumar Dewangan, CMD of REC Ltd. The notes will be rated

REC Ltd.'s price crossed below 30Day SMA today

REC Raises $500 Million Via Green Bond

NDTV Profit | 28 Sep 2024

REC Ltd.

26 Sep 2024

401.15

0.58%

REC Seeks Bids For Deep Discounted Bond Issue On Sept. 30

NDTV Profit

The issue has a base size of Rs 1,000 crore and a greenshoe option of Rs 4,000 crore. The bonds will have a maturity of Nov. 3, 2034.

REC Ltd. is trading below its 50 day SMA of 401.2

REC Ltd.

24 Sep 2024

401.15

0.58%

REC To Raise $500 Million Through Global Medium Term Note Programme

NDTV Profit

The net proceeds from the issue of these notes will be applied to finance, in whole or in part, the eligible green projects, in each case in accordance with the REC Ltd.

REC Ltd.'s price crossed below 30Day SMA today

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REC Ltd. News and Updates

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