REC Power Development celebrates 16th foundation day
REC Power Development celebrates 16th foundation day
New Delhi: REC Power Development and Consultancy Limited, a subsidiary of REC Limited, celebrated its 16th foundation day. As part of the event, RECPDCL acknowledged the efforts of its employees. The Hon’ble Minister for their contribution felicitated the performers and achievers.
REC Power Development and Consultancy Limited (RECPDCL) (formerly REC Power Distribution Company Limited) is a wholly-owned subsidiary of REC Ltd., incorporated with a specific focus on developing and investing in electricity distribution and its related activities.
The company capitalize on opportunities offered through the provisions of Section 4 and Section 5 of the Electricity Act, 2003. This Act aims at opening up the electrification sector to various private players while exempting them from holding a license for distribution and retail supply.
Read Also : Reserve Bank of India issues regulatory policy regarding financing of NBFCs by banks.News Must Read
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device