Rural Electrification Corporation Limited

New Delhi, India

Rural Electrification Corporation (REC) is a public sector financial company in India focused on power sector financing. It provides financial support for power infrastructure projects, thereby playing a key role in the development and expansion of India's power and rural electrification sectors.

CCI Score

76.14

-0.03% April 18

Latest Event

REC CSR Initiative: Sports Infrastructure Development

REC Limited has signed a Memorandum of Agreement with THDC India Limited under its CSR initiative, committing Rs. 3.97 Crore toward the development of an Olympic-size swimming pool for a high performance sports academy. This project, aimed at nurturing national-level athletes in canoeing and kayaking, underscores REC's commitment to community development and ethical business practices.

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LEADER

Rural Electrification Corporation Limited is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

DEC

13

2024

REC CSR Initiative: Sports Infrastructure Development
77.27

REC Limited has signed a Memorandum of Agreement with THDC India Limited under its CSR initiative, committing Rs. 3.97 Crore toward the development of an Olympic-size swimming pool for a high performance sports academy. This project, aimed at nurturing national-level athletes in canoeing and kayaking, underscores REC's commitment to community development and ethical business practices.
+80

Business Practices and Ethical Responsibility

March 23

This CSR initiative reflects positively on REC's business practices and ethical responsibility. By investing in sports infrastructure and community development, REC demonstrates a commitment to fostering social welfare and promoting inclusive growth, which counters authoritarian tendencies by empowering communities. The initiative is a strong example of corporate social responsibility and positive engagement with society.

REC Signs MoA with THDC, commits Rs. 3.97 Cr under CSR - The Newsman of India
JAN

26

2024

REC Limited and NIIFL Partnership for Renewable Energy Financing
75.00

Rural Electrification Corporation Limited (REC) signed an MoU with the National Investment and Infrastructure Fund Limited (NIIFL) to boost renewable energy projects and enhance infrastructure financing in India. This collaboration, announced on January 26, 2024, reflects a commitment to sustainable development and responsible public-sector operations.