REC Capital Gains Bonds

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REC Capital Gains Bonds

	Rural Electrification Corporation Limited (REC), a NAVRATNA Central Public Sector Enterprise under Ministry of Power, was incorporated on July 25, 1969 under the Companies Act 1956
	REC a listed Public Sector Enterprise Government of India with a net worth of Rs. 12,789 Crore as on 31.03.11
	REC provides loan assistance to SEBs/State Power Utilities for investments in rural electrification schemes through its Corporate Office located at New Delhi and 17 field units (Project Offices), which are located in most of the States
	The Project Offices in the States coordinate the programmes of REC's financing with the concerned SEBs/State Power Utilities and facilitate in formulation of schemes, loan sanction and disbursement and implementation of schemes by the concerned SEBs/State Power Utilities

Rural Electrification Corp Bonds

Coupon	Ratings	Tax Benefit	Tenure	Mode Of Interest
6.00%	AAA	Under Section 54 EC	3 Yrs	Annual