REC India

Rural Electrification Corporation Limited
A Government Of India Enterprise
23June2017
 
 
 
 

Highlights

The highlights of achievements of its service to the nation are:

a Accorded the highest credit rating by CRISIL, CARE, India Ratings & Research & ICRA-Credit Rating Agencies.
a Consistently rated as 'Excellent'- the highest category - by Govt. of India since 1993-94.
a Received 'MOU' Award from the Government of India five times, for 'Excellence in performance'
a Cummulative sanctions & disbursements stand at Rs. 2,60,000 crore & 1,30,000 crore respectively.
a Plans to undertake rural electrification programmes in other countries.
a Investors base increased to more than 2 lakhs.
a Aspires to be a Rs. 1,00,000 crores company.
Operating Results for the last 5 Financial Years
                                                                                                                                                       (Rs. in Crore)
 2016-172015-162014-152013-142012-13
Loan Sanctioned
(excluding sanctions under DDUGJY-RE & DDG)
  65471.10 61421.37 70739.48  79470.49
Disbursement
(including subsidy under DDUGJY-RE & DDG)
  50630.81 46446.82 37969.99  40183.06
Recoveries (including interest)   47921.00 32005.56 30775.36  26728.86
Resource Mobilization   31254.92 41189.82 36934.37  30759.16
Profit Before Tax 8860.70 8045.21 7427.04  6531.12 5163.95
Profit After Tax 6245.76 5627.66 5259.87  4683.70 3817.62
Net Worth 33325.59 28617.76 24857.03  20669.46 17454.38
Dividend Paid 1905.79 1688.55 1056.58  938.09 814.65