Business Description
REC Limited is an Indian financial company focused on funding electricity infrastructure, offering loans and financing solutions to both government and private power utilities across the country. It supports a wide range of projects spanning power generation, transmission, and distribution, while also extending credit to equipment manufacturers and coal mine operators. Beyond lending, REC serves as a government-appointed agency for several national electrification programs and provides consulting and project management services to the power sector. Founded in 1969 and headquartered in Gurugram, the company operates as a subsidiary of Power Finance Corporation Limited.
