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Rural Electrification Corporation

  • PFC acquires govt stake in REC for Rs14,500 crore
  • 22 March 2019
  • Cabinet approves proposal to sell REC to PFC
  • 07 December 2018
  • Govt raises Rs1,550 cr from REC share sale; issue subscribed over 5 times
  • 08 April 2015
  • REC's Rs4,500-cr tax-free bonds open for subscription
  • 03 December 2012
  • REC to raise up to Rs3,000 crore via tax-free bonds
  • 02 March 2012
  • REC arm setting up SPV for Vizag-Vemagiri transmission project
  • 18 November 2011
  • Lenders face risk to Rs56,000-crore power sector funding: CRISIL
  • 19 October 2011
  • Rural Electrification Corporation to set up SPVs for 3 transmission projects
  • 28 March 2011
  • REC to increase lending rates by 50 basis points
  • 10 February 2011
  • REC granted infrastructure finance company status
  • 20 September 2010
  • FII investments in Rural Electrification Corporation reach RBI trigger limit
  • 07 July 2010
  • REC net profit jumps 57 per cent to Rs2,001 crore
  • 19 May 2010
  • REC issue finally a success; subscribed over three times
  • 25 February 2010
  • REC shares to be offered at 7.8 per cent discount
  • 18 February 2010
  • Rural Electrification Corporation finances NTPC-TNEB mega project being executed by BHEL
  • 20 May 2008
  • REC debuts at 19.05 per cent premium, closes with 14.52 per cent gain
  • 12 March 2008
  • REC initial public offer subscribed over 27 times
  • 22 February 2008
  • New avenues, refinancing, debt swap to make REC NPA-free
  • 10 September 2003

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