REC Limited taps Rajiv Ranjan Jha as Nominee Director from Power Finance Corporation to its Board

REC Limited has quietly reshaped its board, naming Rajiv Ranjan Jha as a Nominee Director on the company’s Board, effective April 6, 2026. The appointment, communicated with reference to the Ministry of Power’s approval and the Share Purchase Agreement between the President of India and Power Finance Corporation Limited, marks a formal move that ties REC’s governance closely to its government-backed partner in the power sector. The nomination reflects a governance realignment that underlines the ongoing collaboration between key government financing institutions and REC as it scales its energy portfolio.