REC has been conferred with 'PSE Excellence Award, 2019' by the Indian Chamber of Commerce (ICC), as Runner Up in the Navratna & Maharatna category, for excellence in Corporate Governance.
It is pertinent to mention that PSE Excellence Awards have been instituted by Indian Chamber of Commerce, to recognize excellence in public sector undertakings. Further, the award has been conferred to the company, based on detailed evaluation of award application done by an independent jury through a rigorous and transparent process.
REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.
