Rural Electrification Company Profile - Aug 19, 2011

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Rural Electrification  Company Profile - Aug 19, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Rural Electrification Corporation Limited
                                                                                             440 Wheelers Farms Road
                                                                                             Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Indian Rupees

                                 Wright Quality Rating:BDA20                                   Key Data

   Rural Electrification Corporation Limited (REC) is a public financial institution. The      Ticker:
   Company provides interest-bearing loans to state electricity boards (SEBs), state           532955
   power utilities/state power departments and private sector for development of all
   segments of power infrastructure. The Company has devised and continuously                  2011 Sales:
   modifies, updates and extends loan portfolios to suit the requirements of the
                                                                                               85,322,000,000
   borrowing power utilities. The Company has been funding power generation,
   transmission and distribution projects besides electrification of villages. As of March
   31, 2010, the Company's subsidiaries included REC Transmission Projects Company             Major Industry:
   Limited , REC Power Distribution Company Limited, Talcher-II Transmission Company           Financial
   Limited (TTCL), North Karanpura and Transmission Company Limited (NKTCL). Two
   subsidiaries, NKTCL and TTCL, had been transferred to Reliance Power Transmission           Sub Industry:
   Limited on May 20, 2010, and April 27, 2010, respectively.                                  Commercial Finance
                       Stock Chart                                    Officers                 Companies
                                                               Chairman & Managing
                                                                     Director                  Country:
                                                                 Hari Das Khunteta             India

                                                                General Manager &              Currency:
                                                                    Secretary
                                                                                               Indian Rupees
                                                                Rakesh Kumar Arora

                                                                                               Fiscal Year Ends:
                                                                                               March

                                                                                               Employees
                                                                                               673

                                                                                               Exchanges:
                                                                                               BOM

                                                                                               Share Type:
                                                                                               Ordinary

           Stock Price (8/12/2011): 185.85
      
				
DOCUMENT INFO
Description: Rural Electrification Corporation Limited (REC) is a public financial institution. The Company provides interest-bearing loans to state electricity boards (SEBs), state power utilities/state power departments and private sector for development of all segments of power infrastructure. The Company has devised and continuously modifies, updates and extends loan portfolios to suit the requirements of the borrowing power utilities. The Company has been funding power generation, transmission and distribution projects besides electrification of villages. As of March 31, 2010, the Company's subsidiaries included REC Transmission Projects Company Limited , REC Power Distribution Company Limited, Talcher-II Transmission Company Limited (TTCL), North Karanpura and Transmission Company Limited (NKTCL). Two subsidiaries, NKTCL and TTCL, had been transferred to Reliance Power Transmission Limited on May 20, 2010, and April 27, 2010, respectively.
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