REC Limited conferred with the “Best Central PSU” award

REC Limited has been conferred with the “Best Central Public Sector Undertaking” (PSU) award in the financial services category at the Dun & Bradstreet PSU Awards 2023. REC is one of the largest non-banking financial companies in the country, with lending operations across the power sector value chain and a focus on the non-power infrastructure and logistics space. In the first quarter of 2023-24, the loan book of REC stood at Rs 4.54 trillion and the net worth rose to Rs 608.86 billion.