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REC Limited Achieves 'Excellent' MoU Rating for FY24-25
REC Limited
January 8, 2026, 02:33 PM
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REC Limited has achieved an 'Excellent' rating for the Memorandum of Understanding (MoU) signed with its holding company, Power Finance Corporation Limited, for the financial year 2024-25. This rating has been awarded by the Department of Public Enterprises (DPE), Ministry of Finance, according to the prescribed guidelines.
This marks the third consecutive financial year that REC has received an 'Excellent' rating, underscoring the company's consistent excellence in operational and financial performance.
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