Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, aligning with the Centre's ...

Experts say consolidation could allow the government to create a larger, more diversified lender capable of supporting ...

REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been honored with the 'The Economic Times Infra Leadership Awards 2025.' REC was recognized for ...

PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector ...

REC Limited ( (IN:RECLTD)) has provided an update. REC Limited has announced the incorporation of Ambernath Power Transmission Limited as a wholly owned subsidiary of its arm REC Power Development and ...

An update from REC Limited ( (IN:RECLTD)) is now available. REC Limited has announced the incorporation of Apta Power Transmission Limited as a wholly owned subsidiary of its arm REC Power Development ...

The government has opened the nuclear sector for private players, but the biggest concern is getting capital to start the project. State-owned non-banking financing companies – PFC and REC – could ...

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project ...

Hyderabad: REC Ltd, a state-owned Maharatna Non-Banking Financial Company (NBFC), on Monday announced a historic sanction of Rs 7,500 crore to finance a 1.04 Gigawatt (GW) hybrid energy project in ...

The government is exploring a merger of Power Finance Corporation and REC Ltd. This move is part of a broader restructuring effort for public sector financial institutions. The Power Ministry will ...