REC Ltd.

REC has received approval for the proposal of raising of funds through Private Placement of Unsecured / Secured Non-Convertible Bonds / Debentures of upto Rs 1,55,000 crore, subject to the approval of shareholders in the ensuing Annual General Meeting (AGM). The Board of Directors of the company at its meeting held on June 04, 2025, inter-alia considered and approved the same.

The funds will be raised, in one or more tranches, during a period of one year from the date of passing of resolution by the shareholders, with the approval of Competent Authority.

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.