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Rural Electrification Corporation Rec

Want to be a one-stop debt solution for renewable energy: REC chairman

'We are targeting a tenfold increase in our renewable energy portfolio to Rs 3 trillion by 2030'

Want to be a one-stop debt solution for renewable energy: REC chairman
Updated On : 20 Sep 2023 | 10:38 PM IST

Discoms' dues to gencos down by Rs 24,000 crore on back of loan scheme

But cumulative dues remain at a high of Rs 1.13 trillion

Discoms' dues to gencos down by Rs 24,000 crore on back of loan scheme
Updated On : 30 Nov 2022 | 9:38 PM IST

REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 trillion

"The consent of the Members is sought for increasing the borrowing limit from Rs 3.5 trillion to Rs 4.5 trillion to cover the further requirement of borrowings," as per the AGM notice

REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 trillion
Updated On : 04 Sep 2020 | 6:15 PM IST

REC kicks off discom package with Rs 2,500 crore to Maharashtra

REC has sanctioned another Rs 3,300 crore for Andhra Pradesh, Rs 2,000 crore for Punjab and Rs 2,032 crore for Rajasthan.

REC kicks off discom package with Rs 2,500 crore to Maharashtra
Updated On : 27 Jun 2020 | 2:01 AM IST

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds

PFC, REC will first issue bonds based on initial demand from states

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds
Updated On : 02 Jun 2020 | 12:54 AM IST

REC says over 10% lending this financial year will be in renewables

Company also plans for customised products, green fund raising options

REC says over 10% lending this financial year will be in renewables
Updated On : 09 Jun 2017 | 10:24 AM IST

REC, MRF, Bajaj Finance, DCB Bank among 29 stocks hitting record highs

Escorts, Bajaj Finserv, Havells India and Petronet LNG are among 29 stocks hit record highs.

REC, MRF, Bajaj Finance, DCB Bank among 29 stocks hitting record highs
Updated On : 11 Apr 2017 | 2:09 PM IST