REC is an infrastructure finance company that operates in financing projects in the complete power sector value chain.
REC is an infrastructure finance company that operates in financing projects in the complete power sector value chain. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities through its extensive network of offices across the country.REC was founded on 1969 and is headquartered in New Delhi, India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 14, 2022 | Post-IPO Debt | ₹87.81M | 7 | — | — | Detail |
Mar 31, 2014 | IPO | — | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Bank of Baroda | — | Post-IPO Debt |
Axis Bank | — | Post-IPO Debt |
Bank of India | — | Post-IPO Debt |
Canara Bank | — | Post-IPO Debt |
DBS Bank | — | Post-IPO Debt |
MUFG Bank | — | Post-IPO Debt |
Sumitomo Mitsui Banking Corporation | — | Post-IPO Debt |