REC Limited

NSE RECLTD.NS

REC Limited Net Cash Used For Investing Activities for the year ending March 31, 2024: USD -219.51 M

REC Limited Net Cash Used For Investing Activities is USD -219.51 M for the year ending March 31, 2024, a -91.33% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

REC Limited Net Cash Used For Investing Activities for the year ending March 31, 2023 was USD -114.73 M, a -203.05% change year over year.
REC Limited Net Cash Used For Investing Activities for the year ending March 31, 2022 was USD -37.86 M, a -132.21% change year over year.
REC Limited Net Cash Used For Investing Activities for the year ending March 31, 2021 was USD 117.52 M, a 629.32% change year over year.
REC Limited Net Cash Used For Investing Activities for the year ending March 31, 2020 was USD 16.11 M, a -75.48% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NSE: RECLTD.NS

REC Limited

CEO	Mr. Rajesh Kumar
IPO Date	March 12, 2008
Location	India
Headquarters	Plot No. I-4, Sector 29
Employees	512
Sector	Utilities
Industries Renewables Electricity Utility

Description

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

Key trends

Past 5 years