REC
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RECLTD
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About REC
REC Limited is a Maharatna public sector financial institution under the Ministry of Power that finances and funds the power sector in generation, transmission, and distribution, as well as non-power infrastructure development. It funds its operations through market borrowings, including bonds and term loans, alongside foreign borrowings, to provide financial assistance for energy and infrastructure projects across India. The company focuses on capital mobilization for power sector growth, grid modernization, and sustainable energy initiatives. Headquartered in India, REC operates as a key lender and financier for public sector power projects and related infrastructure.