Archive · 9 Jan 2026
REC Limited Achieves Excellent MoU Rating for FY 2024–25
REC Limited, a big company that helps with power projects in India, got a very high rating called 'Excellent' for the year 2024–25.
This rating is given by the government to check how well companies are doing.
REC has got this high rating for three years in a row, which means they are doing really well.
The rating looks at things like how much money they make, how good their projects are, and how well they follow rules.
This shows that REC is a strong and reliable company in the power sector, helping to build better power infrastructure in India.
REC Limited achieved an 'Excellent' MoU Rating for FY 2024–25, marking its third consecutive year of excellence.
The rating is awarded by the Department of Public Enterprises (DPE), Ministry of Finance, based on financial and operational performance.
REC's performance was evaluated on parameters like financial health, asset quality, operational efficiency, and market competitiveness.
The MoU framework aligns with government priorities and shareholder interests, focusing on actual economic performance.
REC Limited continues to strengthen its position as a premier financier in the power sector, supporting India's power infrastructure and economic growth.
- Who
- REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power
- What
- Achieved an 'Excellent' MoU Rating for FY 2024–25
- When
- Financial Year 2024–25
- Where
- India
- Why
- To evaluate the performance of CPSEs and align with government priorities and shareholder interests
- Company
- REC Limited
- Rating
- Excellent
- Financial Year
- 2024–25
- Holding Company
- Power Finance Corporation Limited
- Awarding Body
- Department of Public Enterprises (DPE), Ministry of Finance
- Sector
- Power
- Performance Metrics
- Financial health, asset quality, operational efficiency, market competitiveness, ethical corporate conduct