REC Secures Top Honours at the 5th PSU Transformation Awards 2025
Dated 2025-12-20

REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has secured top honours at the 5th PSU Transformation Awards 2025, winning accolades across four prestigious categories. The recognitions underscore REC’s strong commitment to operational resilience, sustainability, robust governance and digital transformation.

In the category of Resilience in Action Award, REC was conferred the Silver Award for ‘Cyber Defense & Resilience’. The award was received by Shri K. Venugopal, Senior General Manager (IT) & Head of Department – CISO, along with the CISO team, in recognition of REC’s strengthened cyber security framework and preparedness against evolving digital threats.

Under the Green PSU Award category, REC received the Gold Award for ‘ESG Leadership & Net-Zero Operations’. The honour was accepted by Shri Awanish Bharati, General Manager (Finance) and Ms. Neha Sharma, Deputy General Manager (Finance), highlighting REC’s leadership in environmental, social and governance practices and its continued efforts towards achieving net-zero goals.

REC’s focus on enterprise risk management was recognised with the Risk Management Leader Award for ‘ISO 31000 for Risk Management – Guidelines’. The award was received by Shri Jeetender Kumar, Deputy General Manager (Finance) and Shri Hitesh Kumar Meena, Deputy Manager, acknowledging the successful implementation of internationally aligned risk management practices across the organisation.

Further strengthening its digital credentials, REC won the Rising Star Award for ‘REC Limited Official Website Transformation: A Digital Gateway to a New Corporate Identity’. The award was received by Shri Ujjal Mondal, Assistant Manager (BDM), recognising the transformation of REC’s official website into a modern, user-centric digital platform.

These multiple recognitions at the 5th PSU Transformation Awards 2025 reaffirm REC Limited’s unwavering pursuit of excellence and its continued focus on innovation, sustainability, good governance and digital advancement in support of India’s power and infrastructure development goals.

About REC LIMITED

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.

REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has been designated as the nodal agency for certain States and Union Territories under the Revamped Distribution Sector Scheme (RDSS). Additionally, the Central Government has entrusted REC with the responsibility of implementing the PM Surya Ghar Muft Bijli Yojana.