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Last Updated on February 5, 2021
Implementing Partners
Thematic Areas
Sector : Finance
International Origin : No
Company Type: PSU,Exchange Listed
CSR Financial Details (INR Cr.)
Financial Insights
Estimated Prescribed CSR Budget FY 2020-21: INR 139.78 Cr
About the company
REC Limited (previously known as Rural Electrification Corporation Limited) is a Navratna company under the Ministry of Power. They fund their business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings, on their own. Domestically, they hold the highest credit ratings from CRISIL, ICRA, IRRPL and CARE and internationally they are rated at par with the sovereign ratings. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all their employees, they have maintained consistent profit margins and paid dividends each year since fiscal 1998. They have thus propelled themselves to a net worth of over ₹34,303 crore.
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