Rural Electrification Corporation Limited Company Profile

Aggregated data from the web about Rural Electrification Corporation Limited
Company Name Rural Electrification Corporation Limited
Website https://www.recindia.nic.in
Snippet REC Limited (formerly Rural Electrification Corporation Limited) is a Navratna company under the administrative control of the Ministry of Power. REC Limited funds their business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings and provides financial assistance to the power sector in all ...
Type Public sector undertaking
Owner Power Finance Corporation (52.63%)
Founded 1969
Revenue ₹105.09 billion (US$1.5 billion) (2011–12)
Website www.recindia.nic.in
Formerly Rural Electrification Corporation Limited
Industry Infrastructure finance
Traded as BSE: 532955, NSE: RECLTD
Key people Ajeet Kumar Agarwal (CMD)
Net income ₹28.17 billion (US$390 million) (2011–12)
Area served India
Native name आर ई सी लिमिटेड
Headquarters Core-4, SCOPE Complex, 7, Lodhi Road, New Delhi, Delhi, India[2]
Subsidiaries REC Transmission Projects Company Limited (RECTPCL), REC Power Distribution Company Limited (RECPDCL)
Total assets ₹1,087.29 billion (US$15 billion) (2011–12)
Total equity ₹147.45 billion (US$2.1 billion)[3] (2011–12)
Operating income ₹75.91 billion (US$1.1 billion) (2011–12)
Number of employees 600 (2011–12)

Rural Electrification Corporation Limited is part of the India company list

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