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RURAL ELECTRIFICATION BOARD
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
- Mega merger incoming: Should you buy PFC, REC shares ahead of merger? Here's what analysts sayPFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the tr...
- PFC, REC shares in focus as mega merger process advances. What's next?Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approv...
- PFC-REC merger gets in-principle approvalREC-PFC merger: In Budget 2026, finance minister Nirmala Sitharaman shared a vision for readying NBFCs for Viksit Bharat so that these enti...
- PFC announces merger with REC in line with Budget 2026 roadmapPower Finance Corporation's board has approved a merger with Rural Electrification Corporation. This move aligns with the Union Budget 2026...
- REC board to consider raising up to Rs 70K crore via NCDsThe company would seek shareholders' approval for the proposal in the ensuing Annual General Meeting tentatively scheduled to be held on Se...
- Siemens bags Rs 187.4 crore order from Bangladesh Rural Electrification BoardBREB is an electricity distribution provider under the government of Bangladesh responsible for providing electricity to the rural parts of...
- Energy PSUs to float $1 billion masala bondsPiyush Goyal informed investors that IREDA is coordinating a billion-dollar equity fund, perhaps the largest in renewable space.
- Rural Electrification Corp Q1 net rises 15% to Rs 1,478.58 croreThe company's net profit in the corresponding quarter of the previous fiscal was Rs 1,282.79 crore, REC Ltd said in a BSE filing.
- CCI orders probe against REC for anti-competitive waysThe decision has come following a complaint against REC Power Distribution Company, a wholly-owned subsidiary of Rural Electrification Corp.
- Rural Electrification Corporation's Q1 net profit up over 11% at Rs 1,282.79 croreTotal income from operations of the company rose to Rs 4,667.13 crore from Rs 3,988.45 crore, REC said in a regulatory filing.
- Rural Electrification Corporation to raise up to Rs 30,000 cr via debenturesState-owned Rural Electrification Corporation will issue debentures of up to Rs 30,000 crore during the current financial year.
- Rural Electrification Corp Q2 Net up 16.43% to Rs 1,110.67 croreState-run Rural Electrification Corp today reported 16.43 per cent jump in net profit at Rs 1,110.67 crore for the second quarter ended Sep...
- Siemens bags two orders of Rs 144-crore from BangladeshThe projects involve installing new and improving existing distribution facilities in the rural region west of Jamuna river.
- REC quarterly net profit jumps 33% to Rs 1,026.65 croreRural Electrification Corporation today reported 33 per cent jump in net profit to Rs 1,026.65 crore for the three months ended December 20...
- FIR against Koda in electrification scamFIR accuses him of forgery and criminal conspiracy while awarding contracts to a company for rural electrification
- Subhash Projects bags consolidated orders worth Rs 353 crSubhash Projects & Marketing on Thursday said it has secured orders worth Rs 353.60 crore related to water, power and environment sector.
- Centre weighs sops for rural power projectsThe government is considering a host of fiscal incentives to encourage setting up power projects in rural areas.
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