In this article, we delve into the prospective trajectory of NSE: REC share price for the period spanning from 2025 to 2050. REC Limited, a central public sector enterprise in India, is under the ownership of the Government of India.
Within India, REC extends financial support to rural electrification projects. This public sector undertaking (PSU) provides loans to various entities including State Electricity Boards, Private Power Developers, NGOs, Rural Electric Cooperatives, and Central/State Sector Power Utilities across the country.
REC-funded projects
REC, or Rural Electrification Corporation Limited, stands as a pivotal public sector financial institution in India, dedicated to financing a spectrum of power sector projects nationwide. Let’s delve into the multifaceted endeavors that REC undertakes to bolster India’s energy landscape.
Content:
Generation:
REC spearheads initiatives to establish new power generating stations, encompassing conventional sources like thermal, hydro, and gas. Additionally, they champion funding for renewable energy ventures, including solar, wind, and biomass projects.
Transmission:
Investing in the expansion of power transmission infrastructure stands as a crucial focus for REC, facilitating the seamless distribution of electricity across the nation.
Distribution:
With a commitment to enhancing the reliability and quality of power distribution networks, REC strengthens the backbone of India’s electrical grid to ensure uninterrupted power supply to consumers.
Renewable Energy:
Recognizing the burgeoning significance of renewable energy, REC allocates resources to fund solar, wind, small hydro, and biomass power plants, aligning with India’s sustainable energy goals.
New Technologies:
Embracing innovation, REC ventures into financing cutting-edge technologies such as electric vehicles, battery storage solutions, and smart grid systems, driving forward the evolution of India’s power sector.
- Generation Projects: REC provides loans for constructing new power plants utilizing conventional energy sources such as thermal and gas. Additionally, it finances the renovation and modernization of existing power plants. Moreover, REC supports the construction of power plants harnessing renewable energy sources like solar, wind, small hydro, biomass, and hydro production.
- Transmission Projects: REC extends credit for power evacuation from newly constructed plants and strengthening the current transmission systems. This includes enhancing transmission infrastructure in specified locations to ensure efficient power distribution.
- Distribution Projects: REC offers loans for strengthening and improving power sub-transmission and distribution systems in designated areas. This encompasses transitioning rural areas from Low Voltage Distribution Systems (LVDS) to High Voltage Distribution Systems (HVDS) and enhancing tools and supplies for the distribution network.
- Short-Term and Long-Term Loans: REC provides both short-term and long-term loans to meet diverse energy project requirements. These loans support essential activities such as purchasing electricity, acquiring supplies and equipment, procuring fuel for power plants, and maintaining system integrity.
REC Company Overview
| Company Name | Rural Electrification Corporation Limited |
| Share/Stock Price | ₹ 460.55 (as of 1-April-2024) |
| Founded | July 25, 1969 |
| official website | www.recindia.nic.in |
| Revenue | ₹ 39,520 crores (2023) |
| Head Quarter | National Capital Region (NCR), India |
| Market Cap | ₹ 1,18,706 crores |
| 52 Week Low/High | ₹ 113.80/₹ 524.00 |
Table of REC Share Price Target 2025-2050
| Target Year | minimum |
maximum |
| 2024 | ₹ 550 | ₹ 750 |
| 2025 | ₹ 700 | ₹ 1,000 |
| 2026 | ₹ 900 | ₹ 1,300 |
| 2027 | ₹ 1,200 | ₹ 1,700 |
| 2028 | ₹ 1,500 | ₹ 2,300 |
| 2029 | ₹ 2,100 | ₹ 3,000 |
| 2030 | ₹ 2,800 | ₹ 4,000 |
| 2035 | ₹ 7,000 | ₹ 8,000 |
| 2040 | ₹ 12,000 | ₹ 15,000 |
| 2050 | ₹ 25,000 | ₹ 30,000 |
REC Share Price Target 2024
With a minimum target of ₹550 and a maximum target of ₹750, REC’s share prices are poised for potential growth in 2024.
REC Share Price Target 2025
In 2025, REC’s share prices are estimated to range between ₹700 and ₹1,000, reflecting potential upward momentum in the market.
REC Share Price Target 2026
Moving forward to 2026, REC’s share prices may reach a minimum of ₹900 and a maximum of ₹1,300, indicating a steady growth trajectory.
REC Share Price Target 2027
By 2027, REC’s share prices could see a minimum target of ₹1,200 and a maximum target of ₹1,700, showcasing continued growth potential.
REC Share Price Target 2028
Looking ahead to 2028, REC’s share prices may vary between ₹1,500 and ₹2,300, demonstrating sustained upward movement.
REC Share Price Target 2029
By 2029, REC’s share prices might reach a minimum target of ₹2,100 and a maximum target of ₹3,000, indicating a positive outlook for investors.
REC Share Price Target 2030
In 2030, REC’s share prices are projected to range from ₹2,800 to ₹4,000, reflecting potential growth opportunities in the market.
REC Share Price Target 2035
By 2035, REC’s share prices could see a minimum target of ₹7,000 and a maximum target of ₹8,000, suggesting significant growth potential.
REC Share Price Target 2040
Moving further to 2040, REC’s share prices may reach a minimum of ₹12,000 and a maximum of ₹15,000, highlighting sustained growth prospects.
REC Share Price Target 2050
Looking ahead to 2050, REC’s share prices might range from ₹25,000 to ₹30,000, indicating robust growth potential over the long term.
Disclaimer:
The information in this article is solely the author’s opinion and does not constitute investment advice; it is provided solely for educational purposes. By using this, you acknowledge that the information does not constitute investment or financial advice. Before making any investment decisions, do your own research and consult with financial advisors.
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