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.