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Rural Electrification Corporation

3.8
based on 121 Reviews

Working at Rural Electrification Corporation

Company Summary

Leads financing in the power sector, facilitating sustainable energy access across India and supporting government initiatives for rural electrification.

Overall Rating

3.8/5
based on 121 reviews
highly rated categories
5% below
industry average
highly rated categories
Critically rated for

Promotions, Job security

Work Policy
Monday to Friday
Monday to Friday
52% employees reported
Strict timing
Strict timing
58% employees reported
Within country
Within country
36% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
6 employees reported
Health insurance
Health insurance
4 employees reported
Office cab/shuttle
Office cab/shuttle
3 employees reported
Free meal
Free meal
3 employees reported
View all benefits

About Rural Electrification Corporation

Founded in1969 (56 yrs old)
India Employee Count--
Global Employee Count501-1k
India HeadquartersNew Delhi, India
Office Locations
--
Websiterecindia.nic.in
Primary Industry
Other Industries
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REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution. We are a Navratna company under the Ministry of Power. We fund our business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings, on our own. Domestically, we hold the highest credit ratings from CRISIL, ICRA, IRRPL and CARE and internationally we are rated at par with the sovereign ratings. Under the discerning leadership of highly qualified and experienced professionals, which has effectively harnessed the individual talents of all our employees, we have maintained consistent profit margins and paid dividends each year since fiscal 1998. We have thus propelled ourselves to a net worth of over ₹34,303 crore.Our humble beginnings spearheaded our strides into the corporate world and to this day our commitment towards nation-building constitutes our core value. As a natural corollary, we have been appointed as the nodal agency by the Government of India for implementation of Saubhagya (Pradhanmantri Sahaj Bijli Har Ghar Yojana) and DDUGJY (Deendayal Upadhyaya Gram Jyoti Yojana), the schemes which aim at providing 24x7 sustainable and affordable powers to all households in the country. We have also been entrusted with the responsibility of being the coordinating agency for rolling out UDAY (Ujwal Discom Assurance Yojana) which seeks to operationally reform and financially turnaround the power distribution companies of the country. Our two subsidiaries – RECPDCL (REC Power Distribution Company Limited) and RECTPCL (REC Transmission Project Company Limited) work in tandem with us to realise our shared mission by providing consultancy services in Distribution and Transmission sectors. We take due cognizance of the fact that we owe our stupendous success to our customers, the unflinching commitment of our employees and our countrywide presence through 23 state offices which ensures easy accessibility. Having bolstered our share in the country’s total power capacity, we are poised to help build a sound infrastructure to provide affordable, accessible and sustainable power.
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Rural Electrification Corporation Ratings

based on 121 reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
63
4
25
3
7
2
6
1
20

Category Ratings

3.7

Salary

3.7

Work-life balance

3.6

Company culture

3.6

Work satisfaction

3.5

Skill development

3.3

Job security

3.1

Promotions

Rural Electrification Corporation is rated 3.8 out of 5 stars on AmbitionBox, based on 121 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more

Rural Electrification Corporation Reviews

Top mentions in Rural Electrification Corporation Reviews

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Highly Rated for
No highly rated category
Work-life balance
Company culture
Skill development
Work-life balance
Salary
Company culture
Job security
Skill development
Company culture
Critically Rated for
Promotions
Job security
No critically rated category
No critically rated category
No critically rated category
Primary Work Policy
-
Hybrid
61% employees reported
Hybrid
59% employees reported
Work from office
78% employees reported
Rating by Women Employees
4.4
Good
rated by 13 women
4.1
Good
rated by 91 women
3.7
Good
rated by 30 women
3.7
Good
rated by 84 women
Rating by Men Employees
3.7
Good
rated by 101 men
4.3
Good
rated by 891 men
4.1
Good
rated by 812 men
4.3
Good
rated by 1k men
Job security
3.3
Average
3.8
Good
3.7
Good
4.2
Good
View more

Rural Electrification Corporation Salaries

Rural Electrification Corporation salaries have received with an average score of 3.7 out of 5 by 121 employees.

Project Engineer

(83 salaries)
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â‚ą3.1 L/yr - â‚ą6.2 L/yr

Electrical Project Engineer

(34 salaries)
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â‚ą3 L/yr - â‚ą5.2 L/yr

Assistant Project Engineer

(14 salaries)
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â‚ą2.2 L/yr - â‚ą3.4 L/yr

Electrical Engineer

(12 salaries)
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â‚ą3 L/yr - â‚ą5 L/yr

Electrical Site Engineer

(9 salaries)
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â‚ą3.1 L/yr - â‚ą4 L/yr

Finance Executive

(9 salaries)
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â‚ą3.9 L/yr - â‚ą6 L/yr

Deputy Manager

(8 salaries)
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â‚ą15 L/yr - â‚ą30 L/yr

Project Associate

(8 salaries)
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â‚ą6 L/yr - â‚ą6.4 L/yr

Deputy Officer

(8 salaries)
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â‚ą16 L/yr - â‚ą20 L/yr

Executive Accountant

(7 salaries)
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â‚ą2.2 L/yr - â‚ą3.9 L/yr

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Rural Electrification Corporation FAQs

When was Rural Electrification Corporation founded?
Rural Electrification Corporation was founded in 1969. The company has been operating for 56 years primarily in the Power sector.
Where is the Rural Electrification Corporation headquarters located?
Rural Electrification Corporation is headquartered in New Delhi.
Does Rural Electrification Corporation have good work-life balance?
Rural Electrification Corporation has a Work-Life Balance Rating of 3.7 out of 5 based on 100+ employee reviews on AmbitionBox. 73% employees rated Rural Electrification Corporation 4 or above, while 27% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Rural Electrification Corporation work-life balance reviews for more details
Is Rural Electrification Corporation good for career growth?
Career growth at Rural Electrification Corporation is rated as moderate, with a promotions and appraisal rating of 3.1. 27% employees rated Rural Electrification Corporation 3 or below, while 73% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Rural Electrification Corporation promotions/appraisals reviews for more detailed insights.
What are the cons of working in Rural Electrification Corporation?
Working at Rural Electrification Corporation does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal and job security, based on 100+ employee reviews on AmbitionBox.
Rural Electrification Corporation Overview
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