REC LIMITED — Capital/Financing Update 2023

आरईसी
REC
मशीनरी जज, अनन्त सभानगर
Endless energy. Infinite possibilities.

REC Limited | आर ई सी लिमिटेड
(भारत सरकार का उद्यम) / (A Government of India Enterprise)
Regd. Office: Core-4, SCOPE Complex, 7, Lodhi Road, New Delhi - 110003
Corporate Office: REC World Headquarters, Plot No. I-4, Near IFFCO Chowk Metro Station, Sector-29, Gurugram - 122001 (Haryana)
Tel: +91 124 444 1300 | Website: www.recindia.nic.in
CIN : L40101DL1969GOI005095 | GST No.: 06AAACR4512R3Z3
Dated: January 13, 2023

| लिस्टिंग विभाग,
नेशनल स्टॉक एक्सचेंज ऑफ इंडिया लिमिटेड
एक्सचेंज प्लाजा, बांद्रा कुर्ला कॉम्प्लेक्स,
बांद्रा (पूर्व), मुंबई - ४०० ०५१ | कॉर्पोरेट संबंध विभाग
बीएसई लिमिटेड
पहली मंजिल, फीरोज जीजीभोय टावर्स
दलाल स्ट्रीट, फोर्ट, मुंबई - ४०० ००१ |
| --- | --- |
| स्क्रिप कोड—RECLTD | स्क्रिप कोड—532955 |
| Listing Department,
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051. | Corporate Relationship Department
BSE Limited
1st Floor, Phiroze Jeejeebhoy Towers
Dalal Street, Fort, Mumbai – 400 001. |
| Scrip Code—RECLTD | Scrip Code—532955 |

Sub: Intimation regarding the execution of non-binding MoUs with Government of Utter Pradesh and MP Power Management Company Limited – Reg.

Dear Sir(s),

In compliance with provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following are submitted:

i. On January 13, 2023, REC Limited has signed the following non-binding MoUs with UP government to extend financial assistance during UP Global Investors Summit, Delhi, which will help State in employment generation as well as exponential growth in UP:

a) for Power Generation project of ₹14,103 crore with capacity addition of nearly 3000 MW, Pollution control equipments and allied works;
b) for Transmission projects of ₹7,800 crore for strengthening the transmission system and network in UP;
c) for Distribution project of ₹13,600 crore for strengthening infrastructure, reducing AT&C losses, to provide quality and affordable power to all;
d) for renewable energy of ₹45,350 crore for addition of 10000 MW capacity; and
e) for multiple infrastructure development projects in UP state of ₹20,000 crore across various sectors.

ii. Further, during MP Global Investors Summit 2023, REC has signed a non-binding MoU with MP Power Management Company Limited (MPPMCL) to extend financial assistance of ₹15,086 crore for upcoming Sarani and Amarkantak thermal power projects, system improvement works, technology upgrading, renovation & modernization etc.

यह आपकी जानकारी और प्रसार के लिए है। This is for your kind information and dissemination.

धन्यवाद,

भवदीय,

(J.S. Amitabh)
Executive Director & Company Secretary

Regional Offices: Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Panchkula, Patna, Raipur, Ranchi, Shimla, Thiruvananthapuram & Vijaywada
State Offices : Vadodara, Varanasi
Training Centre : REC Institute of Power Management & Training (RECIPMT), Hyderabad