Rural Electrification Corporation Limited is India’s leading power sector finance company. The company operates through the vast network of 5 zonal offices and 13 project offices and helps in financing and promoting the rural electrification across the nation. REC has its headquarters in New Delhi where it provides loans to various central and state sector power bodies, rural electric cooperatives, state electricity boards, private power developers and NGOs. REC is listed with both national stock exchange of India and Bombay stock exchange and comes under the Navratna category which works under Ministry of power, government of India.
The company follows the mentioned objectives to span its chain of power infrastructure across India:
- Financial equipment
- Appraisal of technical and financial projects
- Advisory, consultancy and project monitoring is also supported by REC
- Transmission, generation, intensive electrification, repair, maintenance and distribution is done through short term bridge loan and project finance.
REC primarily sanctions loan to many power utilities in order to mobilize the functioning of such bodies either as a sole lender or in consortium with other leading financer. It finances all sorts of power projects like hydel, thermal and renewable energy etc despite of size or location. Due to its contribution in power sector it has made its place among the top 500 global financial services brands by UK based brand finance and is also among the Forbes global 2000 companies. For proper functioning of the body this company needs some talented candidates who can help in growth of this venture. Therefore every year REC issues many posts in technical and non technical fields to absorb the eligible candidates.
It offers the posts of General Manager (Human Resource), company secretary, general manager, deputy general manager, chief manager, engineer, deputy manager and assistant manager in engineering. There are also posts available in non technical areas like finance, accounting and human resource such as deputy general manager, chief manager, assistant manager, accounts officer and officer. The pay scale will range from Rs. 24000 to Rs. 73000 for all the mentioned posts which will depend upon the category of posts offered to the candidate. Beside the basic salary employee of REC also get additional allowances as prescribed by the company. Aspiring candidates will have to fill the application and send it to the mentioned address before due date. Notifications for such recruitment are published time to time on websites and other printed media like employment news where you will get detailed information about the application form, application fee and other procedures. Selection will be based on the interview held by the authorities.
REC offers great career opportunities along with the financial balance to the job seeking individuals. For more detail on upcoming recruitment 2013 please refer to official page of Rural Electrification Corporation Limited here www.recindia.nic.in/jobs.html