REC Ltd has signed a memorandum of understanding (MoU) with Central Power Research Institute (CPRI) to strengthen quality testing and assurance mechanisms for materials deployed under the Revamped Distribution Sector Scheme (RDSS). In a release, REC said that the Read more
REC Ltd has signed two memoranda of understanding with the Government of Tripura to support power and renewable energy projects worth Rs.15,000 crore. In a release, REC said that the MoUs were signed during the “Destination Tripura Business Conclave Read more
The respective boards of directors of Power Finance Corporation Ltd (PFC) and REC Ltd (REC) have approved the scheme of merger of REC into PFC. The merger will create a financing entity with a loan book of over Rs.11 Read more
REC Ltd and Power Finance Corporation Ltd (PFC) convened a high-level vendor development session “Advancing Make in India for Power Distribution,” during the Bharat Electricity Summit 2026. In a release, REC said that the session brought together over 150 Read more
REC Ltd and the National Test House (NTH), operating under the Department of Consumer Affairs, Government of India, have signed a memorandum of understanding with a view to boosting quality assurance of materials deployed under RDSS. In a release, Read more
REC Ltd recently showcased the first live demonstration of India's Peer‑to‑Peer (P2P) energy trading pilot program under the India Energy Stack at the India AI Impact Summit 2026. The demonstration was presented during a strategic session titled "India Energy Read more
The boards of directors of Power Finance Corporation Ltd (PFC) and REC Ltd have independently accorded in-principle approval to the proposed merger of the two entities. The merged entity will continue to remain classified as a “Government Company,” under Read more
The second meeting of the India Energy Stack (IES) Taskforce was held in New Delhi, on December 19, 2025. The meeting reviewed the Version 0.2 drafts of the IES Strategy and Architecture documents, which have been developed based on Read more
REC Ltd has successfully mediated a crucial memorandum of understanding (MoU) between Meghalaya Power Distribution Corporation Ltd (MePDCL) and the Central Power Research Institute (CPRI). In a release, REC said that this strategic partnership is a Read more
REC Ltd has recorded its highest-ever half-year disbursements during H1 (April to September) of FY26. In an investor presentation, REC said that its total disbursements in H1FY26, at Rs.1,15,470 crore, were the highest-ever in any half-year so far. Read more