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REC conferred with Golden Award in ‘highest value single bid procurements in FY22-23′

Jun 28th, 2023 8:07 pm | By | Category: LATEST NEWS

New Delhi: REC Limited was conferred with Golden Award by GeM (Government e-Marketplace) for ‘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 Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles to Vivek Kumar Dewangan, CMD, REC Ltd.

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

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

About REC Limited: REC Limited, a maharatna CPSE under 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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