The financing pacts will support critical power projects in Tripura, contributing to the expansion and modernisation of the state’s infrastructure. Power sector financier REC Ltd has signed two MoUs with the Government of Tripura to support power and renewable energy projects worth ₹150 billion. The agreements were formalised during the Destination Tripura Business Conclave 2026...
Tag: REC Ltd
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REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
The collaboration will ensure that materials used in RDSS projects meet prescribed standards, strengthening reliability and efficiency across India’s power distribution network. REC Ltd, a leading government-owned power sector financier, has signed an MoU with the Electrical Research and Development Association (ERDA), an independent testing and certification body, to strengthen quality testing and assurance mechanisms...
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REC to Drive AI‑Powered Energy Innovation at India AI Impact Summit 2026
Alongside three high‑level thematic sessions, the power sector financier will unveil a P2P energy trading initiative at the summit, marking a decisive step toward decentralised and consumer‑driven energy ecosystems. REC Ltd, a Maharatna central public sector enterprise (CPSE) under the Ministry of Power, is set to host three high‑level thematic sessions in collaboration with global...
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Ministry of Power Advances India Energy Stack with Taskforce Review of Strategy and Architecture
India’s power sector digital backbone is moving into high gear, with monthly taskforce meetings set to drive the India Energy Stack (IES) project toward its July 2026 completion. The Ministry of Power convened the India Energy Stack (IES) taskforce on Monday to accelerate the development of India’s digital public infrastructure (DPI) for the power sector....
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Policy reforms lead to better health, greater lending power
REC Ltd, which finances and promotes power projects across India, has been gearing up for a big shift by focusing on renewable energy and other green projects. With the shift in priorities towards renewable energy, raising funds for renewables has become easier in the domestic and global market, says Vijay Kumar Singh, Director (Projects), REC Ltd....
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Sanjay Malhotra Takes Charge as CMD at REC Ltd
Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.