REC Limited
REC Limited, formerly known as Rural Electrification Corporation Limited, operates under the ownership of the Ministry of Power, Government of India, with Power Finance Corporation Limited (PFC) as its holding company. It plays a vital role in financing and promoting power projects across India. The PSU extends loans to various entities, including central and state-sector power utilities, state electricity boards, rural electric cooperatives, NGOs, and private power developers. Additionally, REC has diversified into the non-power infrastructure and logistics sector, encompassing areas like airports, metros, railways, ports, and bridges.
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