New Delhi: REC Limited has been awarded the prestigious “NBFC of the Year” title at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026, recognising its strong contribution to infrastructure financing, sustainable growth, and India’s energy development goals.
Prestigious Industry Recognition for REC Ltd
The award highlights REC Ltd’s leadership role in India’s Non-Banking Financial Company (NBFC) sector. The honour was received on behalf of the company by Alok Kumar, CPM, REC Regional Office, Mumbai, during the award ceremony.
Industry experts noted that the recognition reflects REC’s consistent performance in financing large-scale infrastructure projects and maintaining strong governance standards.
Strong Contribution to Infrastructure and Power Sector
REC Ltd has played a crucial role in funding India’s infrastructure development, particularly in the power and energy sector.
Key contributions include:
- Financing large-scale infrastructure projects across India
- Supporting expansion of the power sector
- Promoting sustainable and responsible lending practices
- Aligning with national development and energy goals
The company continues to be a key financial backbone for infrastructure growth in the country.
Focus on Sustainable Growth and Financial Discipline
The award also acknowledges REC’s commitment to:
- Operational excellence
- Strong financial discipline
- Long-term value creation
- Stakeholder trust and transparency
- Sustainable financing practices
REC’s strategic approach has helped strengthen its position as one of India’s most trusted infrastructure financing institutions.
Role in India’s Economic Development
Over the years, REC Limited has been instrumental in accelerating infrastructure development, supporting government initiatives, and enabling critical projects that contribute to India’s economic growth.
Its financing support has helped improve energy access, boost industrial development, and strengthen national infrastructure capacity.
The recognition at the Bharat NBFC & FinTech Summit 2026 further reinforces REC Ltd’s leadership in infrastructure financing and its growing influence in India’s financial ecosystem.
About REC Limited
About REC Limited
REC Limited is a leading public sector enterprise under the Ministry of Power, primarily engaged in financing power sector projects across India. Recognized as a Maharatna company, REC also actively contributes to social development through CSR initiatives in healthcare, education, and rural infrastructure.
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