REC Ltd

REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects

REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […]

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RECPDL Hands Over 6 Special Purpose Vehicles to PGCIL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, an NBFC Maharatna CPSU under the Ministry of Power, has announced the handing over of six projects’ specific SPVs (Special Purpose Vehicles) to PGCIL (Power Grid Corporation of India Limited). These SPVs have been mainly established for constructing transmission projects in […]

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RECPDCL Floats Tender for Setting up 1.25 GW Solar Power Projects

REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 1250 MW (1.25 GW Solar Power) of interstate transmission system (ISTS)-connected through tariff-based competitive bidding (TBCB) process (Tranche-I) on building its own operate (b-O-O) basis. By combining thermal or hydroelectric with renewable energy and storage, the projects seek […]

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RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects

REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […]

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MNRE Appoints REC GM to The Position of Director (Finance) at IREDA

In a formal announcement made recently, Bijay Kr Mohanty has been chosen for the job of Director (Finance) at IREDA by a Search-cum-Selection Committee established by the Ministry of New and Renewable Energy (MNRE).  Following an interview, the committee selected Mohanty from a list of four shortlisted candidates. Ajay Mathur, Chief GM, REC Ltd, Gurugram; […]

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REC Power Development Seeks Consultant for Floating Solar Park in Delhi

REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […]

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REC Invites Bids to Empanel EPC+O&M Contractors for Solar Projects

The REC Power Development & Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd, has invited Expression of Interest (EoI) for the empanelment of EPC-cum-O&M contractors for the development and O&M of solar PV power projects under 5 categories: Category A: Rooftop solar PV projects up to 500 kW Category B: Solar PV projects size above […]

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Loans Worth Rs 1.25 Lakh Cr so far Under Discoms Liquidity Package

Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by PFC and REC Ltd under the liquidity package for stressed power Discoms Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation (PFC) and REC Ltd under the liquidity package for stressed power distribution […]

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