New Delhi, April 23, 2025 — In a significant development in India’s energy sector, Jitendra Srivastava, IAS, has officially assumed charge as the Chairman and Managing Director (CMD) of REC Limited, a leading public sector enterprise under the Ministry of Power.
With a distinguished career in public administration, Srivastava brings a wealth of experience to his new role. An officer of the Indian Administrative Service (IAS), he has held several key positions across various sectors, including energy, infrastructure, and finance. His appointment as CMD of REC Limited is expected to bolster the company’s ongoing initiatives in power financing and rural electrification.
REC Limited, formerly known as Rural Electrification Corporation, plays a pivotal role in financing and promoting power sector projects across India, especially in rural and underserved areas. Under Srivastava’s leadership, the company is expected to focus on expanding its support for renewable energy projects, modernizing grid infrastructure, and driving investments toward sustainable development goals.
Speaking on his new role, Srivastava expressed his commitment to steering REC Limited toward greater operational efficiency and strategic growth. “It is an honor to lead REC at a time when the energy landscape is evolving rapidly. Our focus will remain on strengthening the power infrastructure of the nation while contributing to India’s clean energy transition,” he stated.
Industry observers see his appointment as a timely move, aligning with the government’s emphasis on clean energy and digital transformation in public utilities. Stakeholders across the energy sector have welcomed the development and expressed optimism about the future trajectory of REC Limited under Srivastava’s stewardship.
Srivastava succeeds the outgoing CMD, Vivek Kumar Dewangan, under whose tenure REC achieved notable milestones in financial growth and project implementation.
