REC Limited has been rated ‘Excellent’ for its performance under the Memorandum of Understanding (MoU) with its Holding company for the financial year 2024-25. The rating was awarded by the Department of Public Enterprises, Ministry of Finance. REC has sustained an ‘Excellent’ rating for three consecutive financial years, demonstrating operational and financial excellence.
‘Excellent’ MoU Rating Achieved
REC Limited has achieved an ‘Excellent’ rating for its Memorandum of Understanding (MoU) performance for the financial year 2024-25. The rating reflects the company’s strong performance and contribution to the sector.
Awarding Authority
The Department of Public Enterprises (DPE), under the Ministry of Finance, awarded the ‘Excellent’ rating to REC, recognizing the company’s performance based on prescribed guidelines.
Consistent Performance
REC Limited has achieved an ‘Excellent’ rating for three consecutive financial years, showcasing its sustained excellence in operational and financial performance. This consistent rating underscores the company’s commitment to maintaining high standards.
Source: BSE
