REC aims to double loan book to Rs 10 lakh cr by FY30REC Ltd is targeting a loan book of Rs 10 lakh crore by 2029-30, with 50-60% of the portfolio consisting of conventional power generation, ...
08 May, 2024, 12.40 AM IST
REC gets RBI nod to set up subsidiary in GIFT CityAccording to the statement, REC Ltd, under the Ministry of Power and a leading NBFC, has received a 'No Objection Certificate' (NOC) from t...
05 May, 2024, 07.30 PM IST
REC arm, BHEL to develop utility-scale renewable energy projectsREC Power Development and Consultancy and BHEL collaborated to form an SPV for utility-scale renewable energy projects, targeting the comme...
15 Mar, 2024, 09.43 PM IST
REC to lend Rs 1.20 lakh cr to power PSUs for solar rooftop projectsREC Ltd approves Rs 1.20 lakh crore line of credit for public sector power companies implementing rooftop solar projects under Pradhanmantr...
24 Jan, 2024, 12.15 AM IST
AUM to hit Rs 5 lakh crore in FY-23: Vivek Kumar Dewangan, RECWe are in discussion with other financial institutions because the asset size is going to be quite large, more than Rs 30,000-40,000 crore,...
28 Sep, 2023, 12.17 PM IST
REC signs MoU with PFC committing stronger revenue in FY24 and FY25The Mou was signed on Friday between Dewangan and Parminder Chopra, CMD of Power Finance Corporation (PFC) in presence of other senior offi...
09 Sep, 2023, 08.58 PM IST
Buy REC, target price Rs 163.8: ICICI DirectREC, incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 42645.06 Crore) operating in Term Lending Institution...
28 Jun, 2023, 11.38 AM IST
REC plans to increase loan book by two-fold to Rs 10 lakh crore by 2030State-owned REC Ltd plans to increase its loan book by three times to Rs 10 lakh crore by 2030, including Rs three lakh crore for renewable...
18 May, 2023, 11.18 PM IST
Buy REC, target price Rs 148: Religare BrokingReclaimed record high with surge in volumes. Pattern indicates prevailing trend to continue.
02 May, 2023, 10.07 AM IST
REC hands over 6 Special Purpose Vehicles to India's Power Grid CorporationRural Electrification Corporation Power Development and Consultancy Limited (RECPDCL) on Wednesday announced handing over six projects' spe...
22 Mar, 2023, 07.23 PM IST
REC gets shareholders' nod to issue bonus shareConsequently, the paid-up capital of the company will increase to Rs 2,633.22 crore -- 2,63,32,24,000 equity shares of Rs 10 each. The comp...
10 Aug, 2022, 02.45 PM IST
Additional Power Secretary Vivek Kumar Dewangan appointed as CMD RECIn a statement on Thursday, REC said Vivek Kumar Dewangan, a 1993-batch Indian Administrative Service (IAS) Officer of Manipur Cadre has ta...
19 May, 2022, 03.42 PM IST
Morgan Stanley overweight on NTPC, target price Rs 152NTPC's foreign bond covenants require the Indian government to own a majority equity stake in NTPC, which could affect its plans to reduce ...
03 Jan, 2020, 08.52 AM IST
Emkay Global maintains buy on NTPC, target price Rs 146Regulated equity is expected to see a CAGR of 12.1% over FY20-21E.
10 Dec, 2019, 08.42 AM IST
83% votes polled in Manipur till 3 pm, people still in queuesThe CEO said, polling was peaceful except a few incidents of violence outside polling booths in Tamenglong Assembly segment.
08 Mar, 2017, 04.54 PM IST
215 candidates file nominations for first phase in ManipurChief Electoral Officer (CEO), Manipur, Vivek Kumar Dewangan in a press release today said 83 candidates had filed their papers yesterday a...
15 Feb, 2017, 12.53 PM IST
Manipur government appeals to employees to wear khadi once a week"This appeal to the functionaries and employees of Manipur Government to recognise the quality and wholesome value of Khadi. and wear once ...
29 Aug, 2016, 08.47 PM IST