2023 2024 Student Forum > Management Forum > Main Forum

 
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7th November 2017, 01:11 PM
Super Moderator
 
Join Date: Aug 2012
Re: Rural Electrification Corporation Ltd (REC) Tax Free Bonds

Rural Electrification Corporation Ltd (REC) is a Navratna Central Public Sector Undertaking under the Ministry of Power. It is a leading infrastructure finance company with a net worth of ₹ 33,326 crore.

It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities through extensive network of 23 offices across India.

Rural Electrification Status

As of 31 May 2017, 99.32% of 597,464 villages in India are electrified. Of those who did have access to electricity in rural India, the supply was intermittent and unreliable.

Rural Electrification Rate/State (Electrification Rate, Unelectrified Villages)

100%
13 states and all 7 union territories

99.00-99.99%
Rajasthan (99.99%, 1), Nagaland (99.86%, 2), West Bengal (99.99%, 5), Uttar Pradesh (99.99%, 6), Uttarakhand (99.67%, 52), Karnataka (99.93%, 19), Madhya Pradesh (99.91%, 49), Bihar (99.21%, 307)

98.00-98.99%
Odisha (98.95%, 502), Chhattisgarh (98.43%, 307), Jammu & Kashmir (98.39%, 102), Jharkhand (98.21%, 529)

96.00-97.99%
Assam (97.98%, 513), Mizoram (97.44%, 18), Manipur (97.23%, 66), Meghalaya (96.53%, 224)

Below 80%
Arunachal Pradesh (76.72%, 1224)

Leadership

Dr. P.V. Ramesh, IAS
Chairman & Managing Director

Shri Ajeet Kumar Agarwal
Director(Finance)

Shri Sanjeev Kumar Gupta
Director(Technical)
dr-arun-kumar-verma

Dr. Arun Kumar Verma
Government Nominee Director

Shri Arun Singh
Part Time Non-Official
Independent Director

Professor T.T. Ram Mohan
Part Time Non-Official
Independent Director

Shri Aravamudan Krishna Kumar
Part Time Non-Official
Independent Director

Smt. Asha Swarup
Part Time Non-Official
Independent Director


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