REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Change in Directorate
Intimation regarding appointment of Nominee Director.12-07-2023
12-07-2023
REC Ltd - 532955 - Submission Of Requisite Documents For Claiming Exemption From TDS Or Deduction Of Tax At Lower Rates, On Dividend To Be Paid To Shareholders.
Submission of requisite documents for claiming exemption from TDS or deduction of tax at lower rates, on dividend to be paid to shareholders.07-07-2023
REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Clippings in respect of Record Date for final dividend for the FY 2022-23 and others.06-07-2023
REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Clippings in respect of Record Date for final dividend for the FY 2022-23 of REC Limited and others.06-07-2023
REC to provide Rs 4,785 cr loan for refinery project in Rajasthan
State-owned REC Ltd on Tuesday said it will provide a loan of Rs 4,785 crore to HRRL's project in Rajasthan. HRRL is a joint venture between Hindustan Petroleum Corporation Ltd (HPCL) and Rajasthan government. HPCL holds 74 per cent equity stake in HRRL. "REC extends Rs 4,785 crore for HPCL Rajasthan Refinery's project in Barmer. HRRL has executed a loan agreement under consortium arrangement for Rs 48,625 crore wherein the share of state-run REC Ltd is Rs 4,785 crore," REC said in a statement. HRRL is setting up a green field refinery cum petrochemical complex, with a capacity of 9 MMTPA at a project cost of Rs 72,937 crore. The project includes setting up of an energy efficient and environment friendly refinery cum petrochemical complex, crude and product storage facilities, township and allied facilities and utilities, a captive power plant for meeting refinery power and steam requirement. It will be producing clean fuels such as BS-VI grade Motor Sprit (MS or Petrol) & BS-VI .04-07-2023
REC Ltd - 532955 - Closure of Trading Window
This is to inform that in terms of Companys'' "Code of conduct for regulating, monitoring & reporting of trading by designated persons and their immediate relatives", the trading window shall remain closed from July 1, 2023 till 48 hours from the date of Board Meeting in which the financial results for the quarter ended June 30, 2023 are approved, for trading in equity shares and listed securities (tax free bonds etc.).30-06-2023
Biden govt to announce plan worth billions for expanding internet access
President Joe Biden is expected to announce on Monday his administration's plans to distribute billions of dollars appropriated by Congress to deliver the internet to every household and small business in the United States. Likening the push for universal connectivity to the Rural Electrification Act of 1936, when the federal government installed the electric utility lines that brought light to the countryside all across the U.S., White House chief of staff Jeff Zients said access to high-speed internet is as imperative to day-to-day life as electricity. We all know how difficult life is when electricity goes down after a storm or for other reasons, Zients said on a Friday call with reporters to preview the announcement. For millions of Americans in rural communities in particular, the internet is down a lot. Sometimes there's not even any access. The amount each state, territory and Washington, D.C., will receive from the $42.5 billion program depends primarily on the number of...26-06-2023
REC to provide 3,045 cr finance to Bangalore Metro
The decision to extend the assistance was taken at the board meeting of REC, held in Bengaluru on Saturday, at which the Board approved the proposal of BMRCL25-06-2023
REC to provide Rs 3,045 cr finance to Bangalore Metro Rail Corporation
State-owned REC Ltd will provide finance of Rs 3,045 crore to Bangalore Metro Rail Corporation to develop Phase-II project in Bengaluru. REC approved a proposal in this regard at a board meeting held on Saturday, a company statement said. Phase-II project comprises extension of two corridors of Phase-I and establishing 2 new lines from RV Road to Bommasandra and Kalena Agrahara to Nagawara. The project will enhance connectivity and ease traffic in the city. With completion of Phase-II (72.09 km), the combined network of Bangalore Metro will be 114.39 km, with 101 stations. REC is an NBFC focusing on power sector financing and development across India.24-06-2023
REC Ltd - 532955 - Incorporation Of Project Specific Special Purpose Vehicle
the Board of Directors of REC Limited in its meeting held on Saturday, June 24, 2023 inter-alia considered and approved the following:- Incorporation of Project Specific Special Purpose Vehicle (SPV), as Wholly Owned Subsidiary Company of REC Power Development and Consultancy Limited (a Wholly Owned Subsidiary of REC) for 'Transmission System for Evacuation of Power from RE Projects in Rajgarh 1000 MW SEZ in Madhya Pradesh - Phase- II' Inter-State Transmission Projects to be implemented through TBCB process. The proposed SPV will also be subsidiary Company of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013.24-06-2023