When was Rec Limited founded?
Rec Limited was founded in 1969.
Where are Rec Limited headquarters?
Rec Limited headquarters are in Plot No. I-4, CITY CENTRE, Sector 29, Gurugram, Haryana 122001, IN.
How many employees does Rec Limited have?
Rec Limited has 1039 employees.
What sector does Rec Limited operate in?
Rec Limited is in Financial Services sector.
What does Rec Limited Do ?
REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution.As a Maharatna company under the administrative control of the Ministry of Power, we have been rated u2018Excellentu2019 in terms of the MoUs signed with the Government for 22 consecutive years. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all our employees, we have maintained consistent profit margins and paid dividends each year since fiscal 1998. We have thus propelled ourselves to a net worth of over u20b950,000 crore.Nation-building constitutes our core value. As a natural corollary, we have been appointed as the nodal agency by the Government of India for implementation of schemes like UDAY, DDUGJY and Saubhagya. Our subsidiary u2013 RECPDCL (REC Power Development & Consultancy Limited) works in tandem with us to realise our shared mission by providing consultancy services in Distribution and Transmission sectors.We take due cognizance of the fact that we owe our stupendous success to our customers, the unflinching commitment of our employees and our countrywide presence through 23 offices which ensures easy accessibility. Having bolstered our share in the countryu2019s total power capacity, we are poised to help build a sound infrastructure to provide affordable, accessible and sustainable power.
What does Rec Limited specialize into ?
We are not able to find any specialities related to Rec Limited at the moment.
Who is the CEO of Rec Limited ?
We do not have the information about the CEO of Rec Limited. Our systems are trying to find it, we will update it as soon as we have it.
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