Gurugram (08.10.2023): REC Limited has been conferred with
the ‘Best Central PSU’ in the Financial Services category at the Dun &
Bradstreet PSU Awards 2023. The award was received by Executive Director T S C
Bosh on behalf of REC Limited. REC continues to strive towards business
excellence while adding another feather in its cap. REC Limited is one of the largest NBFC in the country with
lending operations across the power sector value chain and a renewed thrust
towards Non-Power Infrastructure and logistics space. In Q1 FY24 the Loan Book
of the company stood at Rs 4.54 Lakh Crore and the Net Worth rose to Rs 60,886
Crore. The company aims to increase its exposure in the Renewable Energy space
by 10 folds by 2030. The Company has diversified into the Non-Power
Infrastructure and Logistics sector recently and has already crossed the milestone
of Rs 1 Lakh Crore in terms of Loan Sanctions. REC understands the importance
of the infrastructure sector in building a developed nation by the end of Amrit
Kaal and is steadfast in its commitment to play a pivotal role in shaping the
future of India.
REC conferred with the 'Best Central PSU' Award
By IndianMandarins - 2023-10-08 12:28:00
Gurugram (08.10.2023): REC Limited has been conferred with
the ‘Best Central PSU’ in the Financial Services category at the Dun &
Bradstreet PSU Awards 2023. The award was received by Executive Director T S C
Bosh on behalf of REC Limited. REC continues to strive towards business
excellence while adding another feather in its cap.
REC Limited is one of the largest NBFC in the country with lending operations across the power sector value chain and a renewed thrust towards Non-Power Infrastructure and logistics space. In Q1 FY24 the Loan Book of the company stood at Rs 4.54 Lakh Crore and the Net Worth rose to Rs 60,886 Crore. The company aims to increase its exposure in the Renewable Energy space by 10 folds by 2030.
The Company has diversified into the Non-Power Infrastructure and Logistics sector recently and has already crossed the milestone of Rs 1 Lakh Crore in terms of Loan Sanctions. REC understands the importance of the infrastructure sector in building a developed nation by the end of Amrit Kaal and is steadfast in its commitment to play a pivotal role in shaping the future of India.
