Rural Electrification Corporation Limited: Key Facts and Statistics - Q1 June 2017
FINANCIAL INSTITUTIONS ISSUER PROFILE 11 October 2017 TABLE OF CONTENTS Company Overview 1 Financial Highlight 2 Business Description 3 Distribution Channels 4 Ownership Structure 5 Subsidiaries 6 Company Management 6 Board of directors 7 Company HistoryRural Electrification is engaged in the financing and promotion of rural electrification projects in India. Co. provides financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects sponsored by them. Co. provides loan assistance to SEBs/State Power Utilities for investments in rural electrification schemes through its corporate office located at New Delhi and 20 field units, which are located in most of the India. The project offices in the Indian states coordinate the programs of Co.'s financing, facilitating in the formulation of schemes, loan sanction and disbursement and implementation of schemes.
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