Established in 1969, REC Limited is a 'Maharatna' Central Public Sector Enterprise under the Indian Ministry of Power. It functions as a non-banking financial company (NBFC) dedicated to financing and developing the power infrastructure in India. Its business spans the entire power sector value chain, including generation, transmission, distribution, and renewable energy projects. REC acts as a nodal agency for various government flagship schemes aimed at strengthening the country's power distribution system and providing affordable power for all.

Founded in

India