https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

REC Raises Rs 5,635 Crore via Bond Issue; Sees Strong Investor Response

To ensure ease of trading and enhance liquidity, REC confirmed that the bonds will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Indian Masterminds Stories

REC Limited, a leading power sector financier under the Ministry of Power, has successfully mobilised ₹5,635 crore through a private placement of bonds, the company announced on Wednesday. The fundraise, conducted in two tranches, underscores investor confidence in REC’s strong financial position and long-term growth prospects.

The bond issuance was structured as follows:

₹3,000 crore raised via bonds maturing in 2 years and 8 months, carrying a coupon rate of 6.52% per annum.

₹2,635 crore raised through bonds with a tenure of 10 years and 11 months, offering a coupon rate of 6.81% per annum.

The issuance attracted robust demand from institutional investors, reflecting the market’s trust in REC’s financial health and its pivotal role in supporting India’s power infrastructure.

Read Also: REC Limited Incorporates New Subsidiary ‘Mekhali Power Transmission Limited’ for Karnataka Intra-State Project – https://indianmasterminds.com

The bonds have been assigned a “AAA” rating—the highest credit grade—by CARE Ratings, ICRA, and India Ratings & Research (IRRPL), indicating the highest level of safety for timely servicing of financial obligations.

To ensure ease of trading and enhance liquidity, REC confirmed that the bonds will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

REC Limited continues to play a strategic role in financing and developing power sector infrastructure projects across India. The successful fundraising effort further strengthens its capacity to support critical energy initiatives in line with national priorities.

Read Also: REC Limited Inaugurates Swachhata Pakhwada 2025 with ‘Waste to Art’ Charkha & Health Initiatives – Full Details Inside – https://indianmasterminds.com

About REC Limited

Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.It is a subsidiary of Power Finance Corporation (PFC) and is under administrative control of the Ministry of Power, Government of India.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Uttar Pradesh govt
IAS Alok Kumar Appointed Additional Chief Secretary of Uttar Pradesh
sanjiv
Show-Cause Notice to IFS Officer Over Alleged Eco-Hut Scam in Munsyari
ias assoc-1
S Krishnan Elected President of Central IAS Association; Key Officers Named
UP Police
UP Government Assigns First Field Postings to 22 IPS Officers
Uttar Pradesh UP Government
DoPT Clears Promotion of 22 UP PCS Officers to IAS
crof
CRPF a Pillar of Internal Security, Says PM Modi on 87th Raising Day
Panna Tiger Reserve PTR
Uttarakhand Gears Up for Tiger Census, Scientific Survey to Begin in October
Untitled-1-4
DIG L.S. Chauhan Reviews Police Readiness in Jogulamba Gadwal
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-26 at 13.16
What Most Indians Don't Know About Jim Corbett
WhatsApp Image 2025-07-24 at 18.24
How Fireflies and Butterflies Returned In Corbett’s Homeland
Chhoti haldwani
The Forgotten Village of Jim Corbett Comes Alive Again
ADVERTISEMENT
UPSC Stories
IAS Priyansha Garg
Why Mindset Matters: IAS Priyansha Garg’s Mental Health Mantra for UPSC
After two failed prelims, Priyansha Garg cracked UPSC with AIR 31 in her fourth attempt, proving how...
Ashish Akshat
From Setback to State Topper: How Ashish Akshat Topped JPSC While Working Full-Time
Ashish Akshat from Dhanbad topped JPSC 2023, proving that resilience, discipline, and family support...
pulkit bansal new
How a Village Shifted Dr. Pulkit Bansal’s Stethoscope to a Sarkari File
From AIIMS Delhi to AIR 155 in UPSC, Dr Pulkit Bansal’s village posting turned a doctor’s stethoscope...
Social Media
Mangroves
Mangroves: Nature’s Shield Against Disasters, Says Officer Parveen Kaswan on Mangroves Day - Watch His Post Here
Mangroves, with their dense, interlaced root systems, form a mesh-like structure that serves as a buffer...
Retired IPS Inderjit Singh Sidhu
Purpose Doesn’t Retire: How 88-Year-Old Retired DIG Becomes Chandigarh’s ‘Quiet Warrior’ of Cleanliness
Inderjit Singh Sidhu’s Dawn Patrol Earns Applause, Mahindra’s Praise for a Man Who Chose Action Over...
Kashish Mittal ex IAS
Ex-IAS Officer Kashish Mittal’s Soulful Rendition of ‘Unke Andaz-e-Karam’ Goes Viral
Former IAS Officer and IIT Delhi Graduate Wins Hearts with Nusrat Fateh Ali Khan Cover
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Uttar Pradesh govt
IAS Alok Kumar Appointed Additional Chief Secretary of Uttar Pradesh
sanjiv
Show-Cause Notice to IFS Officer Over Alleged Eco-Hut Scam in Munsyari
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-07-26 at 13.16
WhatsApp Image 2025-07-24 at 18.24
Chhoti haldwani
ADVERTISEMENT
ADVERTISEMENT