What does RECL mean in COMPANIES & FIRMS
Rural Electrification Corporation Limited (RECL) is a leading Indian public sector enterprise in the power sector. It has been helping to fulfill the nation's mission of providing electricity to all parts of the country and connecting rural households with reliable and affordable energy solutions. Established in 1969, RECL works towards achieving its vision of transforming rural India through sustainable electrification, while contributing to the socio-economic and environmental development of the nation.
RECL meaning in Companies & Firms in Business
RECL mostly used in an acronym Companies & Firms in Category Business that means Rural Electrification Corporation, LTD.
Shorthand: RECL,
Full Form: Rural Electrification Corporation, LTD.
For more information of "Rural Electrification Corporation, LTD.", see the section below.
Goal
RECL's goal is to provide access to energy across India, addressing basic energy needs and contributing towards uplifting the quality of life for people living in rural areas. The company extends financial assistance to various stakeholders including electric utilities, state governments, industry associations and other institutions involved in bringing power to unelectrified villages and hamlets. Additionally, it helps raise resources by floating/ arranging bonds/debentures, as well as playing an active role in development-oriented capacity building activities.
Achievements
As one of India's oldest power companies, RECL has achieved a number of milestones over the years. From generating 12.77 billion units of electricity from 4062 MW capacity renewable projects from April 2019- November 2020 to commissioning 708 feeder separation projects (FSPs) over last four years till April 2020 affecting more than 41m consumers; it has come a long way towards fulfilling its mission of developing electric infrastructure throughout India's rural areas. Besides this, RECL has helped establish 6 power projects for microgrid based village electrification providing 24X7 electric supply with peak load management systems across remote rural areas across India aiding better living conditions among families living there since two decades now.
Essential Questions and Answers on Rural Electrification Corporation, LTD. in "BUSINESS»FIRMS"
What services does RECL provide?
RECL provides a range of services related to rural electrification and energy access, such as rural electrification projects, power generation and distribution, transmission lines, grid connection of households and villages, financing of renewable energy projects, among others.
Does RECL finance renewable energy projects?
Yes. RECL provides financial support for renewable energy projects in India for both private and public sector organizations.
How does RECL help in providing access to affordable electricity in rural areas?
Through its various programs, initiatives and projects focusing on rural electrification, RECL is helping to improve access to affordable electricity in remote parts of the country by connecting households and villages with the national grid.
What kind of transmission lines does RECL work on?
RECL specializes in the installation of transmission lines ranging from 66 kV up to 400 kV AC/DC networks throughout India.
Does RECL provide any training or capacity building?
Yes. In addition to its various project-related activities, RECL also offers specialized trainings related to project implementation and capacity building at all levels in order to ensure that people are well equipped with the necessary skills for successful implementation of power infrastructure works.
Is there any way I can contact or get more information about the services provided by RELC?
Yes. To get more information about their products or services you can visit their website at relcindia.in or reach out directly through their customer service line which is available 10 AM - 5 PM IST Monday-Friday at +91 11 41402300.
What kind of customer service does RELC offer?
Through its customer care center RELC provides technical support and advice on product selection as well as product-related queries via phone & email ([email protected]). Furthermore customers can also get up-to-date project-related information & updates about ongoing projects from time to time including frequent direct interactions with field personnel depending upon geographical region in question related with any ongoing works associated with customer project(s).
Are there any subsidies available for new projects under Rural Electrification Corporation Ltd.?
Yes, RELC provides a variety of tax incentives & subsidies to encourage investments into sustainable development projects across the country including those pertaining towards rural electrification & energy access schemes for vulnerable households located in remote areas throughout India.
What is the scope of work carried out by RELC when it comes to energy access solutions?
RELC offers comprehensive solutions when it comes to assisting customers in achieving full energy access solutions ranging from turnkey design/supply/installation contracts up till commissioning & operations support requirements depending upon nature & scale of project being undertaken each time while taking into account various factors impacting the efficiency & cost effectiveness considerations involved each time alongside prerequisites pertaining towards safety standards compliance zones too at all times during undertaking such crucial works effectively too over here all along within stipulated timelines wherever applicable successfully too accordingly too!
Does RELC have presence outside India?
No; currently all our operations are within India only though there may be plans for international expansion offered by our organization somewhere down the line eventually soon hopefully soon enough!
Final Words:
In conclusion, RECL is an experienced and committed promoter of the rural electric infrastructure in India that strives relentlessly towards providing affordable electricity access for all citizens regardless of their geographical location or income level. This dedicated effort by RECL will continue to help make clean energy available across our country getting us closer to achieving complete electrification for every household in our nation!