Gurugram (03.10.2022): REC Limited has been recognized as the 'Best PSU' in the Financial Services category and also as the 'Best Navratna' by Dun & Bradstreet for FY21-22. The event under the aegis of Dun & Bradstreet took place in New Delhi. Executive Directors of REC, TSC Bosh and Sanjay Kulshrestha received the awards on behalf of the Company.
REC Limited is an NBFC focusing on Power Sector Financing and Development across India. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities.
The award is another testament to the consistent operational and business excellence that REC has achieved. Notably, REC has recently been conferred the status of ‘Maharatna’ – the highest recognition for a CPSE.