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26th September 2017 Part-1:Daily News Analysis
REC is a Navratna Company functioning under the purview of the Ministry of Power. Rural Electrification Corporation Limited (REC) is a public Infrastructure Finance Company in India’s power sector. The company finances and promotes rural electrification projects across India. The company provides loans to Central/ State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.