REC Limited conferred with Golden Award by GeM

New Delhi: REC Limited was conferred with Golden Award by GeM (Government e-Marketplace) for the ‘Highest Single Bid Procurements in FY22-23' category in ‘Kreta- Vikreta Gaurav Samman Samaaroh' held at Vanijya Bhawan, New Delhi on June 26, 2023. 

The Golden Award was presented by Hon’ble Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles to Sh. Vivek Kumar Dewangan, CMD, REC Ltd.

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In FY2022-23, REC Ltd has displayed exemplary commitment towards enhancing the credibility of public procurement procedures by consistently relying on GeM to conduct business in the national public procurement market. 

“This is indeed an acknowledgement of better governance getting developed at REC. Procurement from GeM is being invariably encouraged at REC as we are into an inclusive and transparent growth trajectory. I congratulate team REC and RECPDCL for this great recognition and one more sign of vibrancy,” said Shri Dewangan.

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About REC Limited: 

REC Limited, a maharatna CPSE under the Ministry of Power, is an NBFC focusing on Power Sector Financing and Development across India. Established in 1969, REC Limited has completed over fifty years in the area of its operations. It provides financial assistance to complete power sector value chain; for various types of projects including Generation, Transmission, Distribution and Renewable Energy. REC’s funding illuminates every fourth bulb in India.

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