In this article, we will discuss the future REC Share Price target 2023. The Government of India owns Rural Electrification Corporation Limited, a central public sector enterprise in India.
In India, the company provides loans for electrification projects in rural areas.
The nation’s NGOs, State Electricity Boards, Rural Electric Cooperatives, Central/State Sector Power Utilities, and Private Power Developers are all eligible for loans from the PSU.
REC is the 12th Maharatna Company operating under the Ministry of Power’s administration. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) list the company.
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