REC World Headquarters - Gurugram
4.6/5
★
based on 8 reviews
Contact REC World Headquarters
Address : | Unnamed Road, Sector 29, Gurugram, Haryana 122009, India |
Postal code : | 122009 |
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kishor k ram on Google
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Sikandar RB on Google
★ ★ ★ ★ ★ |
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Ashok Nain on Google
★ ★ ★ ★ ★ |
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Ram Tiwari on Google
★ ★ ★ ★ ★ |
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Pushpender Srivastav on Google
★ ★ ★ ★ ★ |
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AMIT DASMOHAPATRA on Google
★ ★ ★ ★ ★ Waste please
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Sandeep Kumar Agarwal on Google
★ ★ ★ ★ ★ Nice office and building and near to metro
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Suman Tejashawani on Google
★ ★ ★ ★ ★ REC Gurgaon.
REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution.
We are a Navratna company under the Ministry of Power. We fund our business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings, on our own. Domestically, we hold the highest credit ratings from CRISIL, ICRA, IRRPL and CARE and internationally we are rated at par with the sovereign ratings. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all our employees, we have maintained consistent profit margins and paid dividends each year since fiscal 1998. We have thus propelled ourselves to a net worth of over ₹45,000 crore.
Our humble beginnings spearheaded our strides into the corporate world and to this day our commitment towards nation-building constitutes our core value. As a natural corollary, we have been appointed as the nodal agency by the Government of India for implementation of Saubhagya (Pradhanmantri Sahaj Bijli Har Ghar Yojana) and DDUGJY (Deendayal Upadhyaya Gram Jyoti Yojana), the schemes which aim at providing 24x7 sustainable and affordable powers to all households in the country. We have also been entrusted with the responsibility of being the coordinating agency for rolling out UDAY (Ujwal Discom Assurance Yojana) which seeks to operationally reform and financially turnaround the power distribution companies of the country.
Our subsidiary RECPDCL (REC Power Distribution Company Limited) works in tandem with us to realise our shared mission by providing consultancy services in Distribution and Transmission sectors.
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