REC reg­is­ters sanc­tions of Rs 95k crore in FY2017-18

HT Estates - - FRONT PAGE -

Ru­ral Elec­tri­fi­ca­tion Cor­po­ra­tion (REC) Lim­ited, a Navratna pub­lic sec­tor com­pany fo­cused on fi­nanc­ing power projects, an­nounced its fi­nan­cial re­sults for the quar­ter ended 31 De­cem­ber 2017 in a meet­ing held in Fe­bru­ary 2018.

The net worth of the com­pany has in­creased to Rs 36,567 crore reg­is­ter­ing a growth of 9 per cent over the pre­vi­ous cor­re­spond­ing quar­ter.

Dis­burse­ment of the com­pany for the nine months ended 31 De­cem­ber 2017 have in­creased to Rs 39,427 crore.

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