REC meaning in Business ?

Answer:

What is Rural Electrification Corporation mean?

REC Limited, formerly Rural Electrification Corporation Limited, is a public Infrastructure Finance Company in India’s power sector. The company is a Public Sector Undertaking and finances and promotes power projects across India. The company provides loans to Central/State Sector Power Utilities in the country, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.

On 7 December 2018, the Cabinet Committee of Economic Affairs gave its in-principle approval for the sale of 52.63% REC to the state-owned Power Finance Corporation (PFC). On 20 March 2019, PFC signed the agreement to acquire a 52.63% controlling stake in REC for ₹14,500 crore (US$1.9 billion). On 28 March, PFC announced that it had completed making the payment for the acquisition and intended to merge REC with itself in 2020.

reference

Full Form	Category
Rappahannock Electric Cooperative	Academic & Science
A Random Electronic Communication	Academic & Science
RECorded a document	Academic & Science
Recife	Airport Code
Rural Electrification Corporation	Business
Rural Eletrification Corporation	Business
Regional Employment Commissioner	Business
Real Estate Contract	Business
Recreation and Education Centers	Community
Revenue Estimating Conference	Community
Red Elephant Club	Community
Robotics Education Competition	Community
Recreation Experience and Circulation	Community
Recreation and Event ComplexWhat	Community
Residents Encounter Christ	Community
Recreational Education Community	Community
Reading Enlightenment And Contemplation	Community
Rhythmic Energy Collaboration	Community
Recreation Education And Community	Community
Regional Examination Center	Community
Reformed Episcopal Church	Community
Red Eye Conflict	Community
ruitment and Employment Confederation	Community
Religious Education Catholic	Community
Reation Education And Community	Community
Reformed Ecumenical Council (to June 2010—see WCRC)	Community
RECeive alarm	Computer and Networking
Rounding Error Correction	Computer Assembly Language
Recording	Computing
Recognize	Computing
Remote Equivalent Copy	Computing
Recovery File	Computing
Request Confirmation	Computing
Reverse Engineering Compiler	Computing
Regional Engineering Center	Computing
Regional Engineering College	Educational Institute
Receive	Electronics
Random Environment Contest	Electronics
Arcserve Archivation Protocol	File Type
Epiinfo Datafile	File Type
Windows Recorder Macro	File Type
Record (sprint)	File Type
Rights Equality and Citizenship	General
Retrofit Emission Control	General
Rear Electrical Centre	General
Racing Entitlements Contract	General
Regal Custom	General
Reliant Custom	General
Religious Education Co-ordinator	General
Riot Engine Character	General
Rejuvenated Equine Colt	General
Radiative Electron Capture	General
Renewable Electricity Certificates	General
Regional Extension Center	Governmental
Regional Environmental Center	Governmental
Regional Environmental Council	Governmental
Renewable Energy Corporation	Governmental
Regarding Environmental Contamination	Governmental
Renewable Energy Certificate	Governmental
Renewable Energy Certificates	Governmental
Roadway Encroachment Or Closure	Governmental
Reality Enforcement Commission	Governmental
Renewable Energy Credit	Governmental
Racial Equality Council	Governmental
Recognized Environmental Condition	Governmental
Record of Consideration	Governmental
Recreational Educational Computing	Internet
Recruitment and Employment Confederation	Jobs
Rear End Collision	Medical
Recurrent	Medical
recombination	Medical
Reforming Emergency Care	Medical
Renal Epithelial Cell	Medical
Research Ethics Committee	Medical
Respiratory Epithelial Cell	Medical
Receiver	Military and Defence
Received	Military and Defence
Radio Electronic Combat	Military and Defence
Recommendation	Military and Defence
Regional Emergency Coordinators	Regional
Regional Environment Centre	Regional
Guararapes International Airport, Recife, PE, Brazil	Regional
Regular Expression Compiler	Softwares
Record (rcd Preferred)	Space Science
Recife/Guararapes–Gilberto Freyre International Airport	Transport & Travel