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Home Articles REC
Reduction in AT-C losses improves the finances of the utilities: Power ministry \
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Reduction in AT-C losses improves the finances of the utilities: Power ministry

 05-Dec-2022
The Ministry said in a statement said that AT&C losses and average cost of supply and average realisable revenue (ACS-ARR) gap are key indicators of a discom's performance. In the last two years, the AT&C loss of the discoms of the country was hovering at 21-22 per cent. The Ministry instituted a number of measures to improve the performance of utilities, according to the statement.
05-Dec-2022 Business
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Total outstanding dues of States reduced by Rs 24,680 crore: Ministry of Power \
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Total outstanding dues of States reduced by Rs 24,680 crore: Ministry of Power

 30-Nov-2022
With the implementation of Electricity (LPS and Related Matters) Rules, 2022, the Ministry of Power on Wednesday said that there has been a remarkable improvement in the recovery of outstanding power dues of suppliers including generating companies, transmission companies and traders.
30-Nov-2022 Business
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REC’s subsidiary hands over special purpose vehicle to Power Grid \
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REC’s subsidiary hands over special purpose vehicle to Power Grid

 12-Oct-2022
New Delhi [India], October 12 (ANI): A subsidiary of REC handed over a special purpose vehicle, formed for the construction of a transmission project, to Power Grid Corporation of India, according to an official statement on Wednesday.
12-Oct-2022 Business
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REC to showcase its new Alpha Pure-R solar at Renewable Energy India \
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REC to showcase its new Alpha Pure-R solar at Renewable Energy India

 17-Aug-2022
Mumbai (Maharashtra) [India], August 17 (ANI): REC Group, an international pioneering solar energy company headquartered in Norway, and its new parent company, Reliance Industries Limited (RIL), plan to put on a compelling show at Renewable Energy India (REI) to be held from 28 to 30 September.
17-Aug-2022 Business
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Power Finance Corporation, REC Limited cut lending rates by 0.40 per cent \
1 min read
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Power Finance Corporation, REC Limited cut lending rates by 0.40 per cent

 19-Jan-2022
New Delhi [India], January 19 (ANI): The government-run Non-Banking Financial Companies (NBFCs), Power Finance Corporation and REC Limited, have reduced their lending rates across all types of loans by 40 bps or 0.40 per cent, the Ministry of Power said on Wednesday.
19-Jan-2022 Business
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