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Rural Electrification Corporation

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Rural Electrification Corporation Ltd. (REC), is incorporated in the year 1969. It is a Large Cap company having a market cap of over Rs 21,500 Crores. REC operates in the financing sector. It was originally conceived for financing projects for the electrification of villages. However now it funds many types of projects/ schemes in the power sector.

Description

About

Rural Electrification Corporation Ltd. (REC), is incorporated in the year 1969. It is a Large Cap company having a market cap of over Rs 21,500 Crores. REC operates in the financing sector. It was originally conceived for financing projects for the electrification of villages. However now it funds many types of projects/ schemes in the power sector.

REC’s key Products/Revenue Segments include Interest and Income from rendering financial services.

 

Management

The company’s top management includes Dr.Arun Kumar Verma, Dr.Bhagwat Kishanrao Karad, Dr.P V Ramesh, Mr.Aravamudan Krishna Kumar, Mr.Sanjeev Kumar Gupta, Mrs.Asha Swarup, Prof.T T Ram Mohan. The company has Raj Har Gopal & Co. as its auditors.

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