Union Minister Manohar Lal inaugurates National Feeder Monitoring System Control Centre at REC Limited on it’s 55th Foundation Day

Union Power Minister Manohar Lal inaugurates National Feeder Monitoring System Control Centre at REC Limited on it’s 55th Foundation Day. Addressed at the 55th Foundation Day of RECL along with MOS Shri shri Padynaik, CMD REC Ltd, Vivek Kumar Dewangen in Gurugram today.

Also inaugurated the National Feeder Monitoring System Control Centre which stands as a testament to our commitment to improve power distribution and power management across the nation.

REC is a Maharatna PSU under the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power sector and also Non-Power Infrastructure sectors.

REC has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme, village electrification and household electrification, Revamped Distribution Sector Scheme (RDSS), etc. REC is PIA for PM Surya Ghar Muft Bijli Yojna. The Loan Book of REC stands at ₹ 5.09 lakh crore and Net Worth at ₹ 68,783 crore as on 31 March, 2024.