REC

REC inaugurates “Experience Centre” at Gurugram

REC Ltd, on March 7, 2025, inaugurated an “Experience Centre” at its headquarters at Gurugram. In a release, REC said that the inauguration was led by REC CMD Vivek Kumar Dewangan in the presence of the board of directors Read more

REC Ltd: Lending to power T&D up 19 per cent in 9MFY25

REC Ltd witnessed a year-on-year growth of nearly 19 per cent in its loan disbursements to the power T&D sector. According to an investor presentation, REC disbursed Rs.83,106 crore in loan to the power T&D sector during the first Read more

NTPC-Floating-Solar-BHEL-LR | T&D India

Renewables account for higher share in REC’s disbursements

The renewable energy (RE) sector has seen a higher share, year-on-year, in REC’s total disbursements in the first half (H1: April to September) of FY25. According to a brief stock exchange filing, discussing REC’s provisional business performance for H1FY25, Read more

Datta Infra signs MoU with REC for Rs.1,500-crore financing

Adyant Enersol Pvt Ltd, a wholly-owned subsidiary of Datta Power Infra,  has announced a strategic MoU with REC Ltd envisaging Rs.1,500-crore financing from REC, for the development of 500 MW of renewable energy projects. Signing of Read more

REC targets renewable energy loan book of Rs.3 trillion by 2030

REC Ltd, in a release, said that it has undertaken a non-binding financial commitment of increasing its renewable energy (RE) loan book to over Rs.3 lakh crore (Rs.3 trillion), by 2030. This will increase the share of RE in Read more

REC wins “Nodal Agency of the Year” award

REC Ltd has been conferred with the prestigious "Nodal Agency of the Year" award at the “Bharat Electricity – Powering India Awards 2024”. This esteemed recognition is a testament to REC's innovative initiatives and leadership in the energy sector, Read more

Renewables post higher share in REC’s lending portfolio

The renewable energy sector witnessed higher share in the overall lending portfolio of REC Ltd during the first quarter (Q1: April to June) of FY25. In a brief stock exchange filing, REC said that it has “continued its growth Read more

IEX sees highest-ever monthly volume in RTM segment

    Indian Energy Exchange (IEX) witnessed its highest-ever monthly trading volume in the Real Time Market (RTM) segment, in May 2024. In a release, IEX said that RTM volumes in May 2024 were 3,352 MU – the Read more

Renewable energy certificates trade at all-time low on IEX

    Prices of renewable energy certificates (REC) on the Indian Energy Exchange (IEX) fell to a historic low during April 2024. In a release, IEX said that during the REC trading session held on April 24, 2024, Read more

Good prospects from power T&D sector, notes REC CMD

REC Ltd expects good prospects from the power transmission & distribution (T&D) sector in FY25, noted the company’s CMD Vivek Kumar Dewangan. Addressing a media conference in Mumbai on April 30, 2024, Vivek Kumar Dewangan said that the power Read more