TAG: " REC Limited"

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REC Posts INR 16,282 Crore Net Profit in FY26, Loan Book Hits INR 5.84 Lakh Crore

REC has reported its highest-ever annual net profit of INR 16,282 crore in FY26, with its loan book reaching a record INR 5.84 lakh crore as of March 31, 2026. The renewable loan book has increased by 30 percent to INR 75,347 crore.

REC Limited | April 29, 2026 | By Mrinmoy Dey |  467

ISA Advances Global Mission on AI for Energy at India AI Impact Summit 2026

India AI Impact Summit 2026 highlights citizen-centric India Energy Stack, AI-driven grid modernisation and launch of flagship report on digitally enabled clean power systems.

REC Limited | February 18, 2026 | By News Bureau |  1362

RECPDCL Hands Over 2 ISTS Project SPVs in Maharashtra to Ceigall India and Tata Power

REC Power Development and Consultancy has transferred two Maharashtra intra-state transmission SPVs to Ceigall India and Tata Power under the TBCB route, advancing critical grid infrastructure projects on a BOOT basis.

REC Limited | January 14, 2026 | By Mrinmoy Dey |  734

REC Completes Post-Issuance Assurance for USD 500 Million and JPY 61.10 Billion Green Bonds

REC Ltd. has completed post-issuance assurance for its USD 500 million and JPY 61.10 billion green bond issuances, confirming full allocation of proceeds to eligible projects under its Green Finance Framework.

REC Limited | December 16, 2025 | By Mrinmoy Dey |  1181

REC Approves INR 7,500 Cr Funding for Brookfield’s 1,040 MW Hybrid Project in Andhra Pradesh

REC sanctions INR 7,500 crore for Brookfield’s 1,040 MW hybrid renewable project, which includes 640 MW of wind and 400 MW of solar capacity, in Kurnool, Andhra Pradesh.

REC Limited | November 04, 2025 | By Mrinmoy Dey |  1049

REC Raises INR 5,000 Crore Through Issuance of Bonds

REC Ltd. has successfully raised INR 5,000 crore through bonds. While the NBFC under the Ministry of Power has raised INR 3,000 crore via 5-year bonds at a coupon of 6.87 percent, it raised the balance INR 2,000 crore via 10-year bonds at a coupon of 6.86 percent.

REC Limited | April 29, 2025 | By Mrinmoy Dey |  1159

REC Inks INR 18,360 Crore MoU with Kerala Government for Pumped Storage Projects

REC Ltd, a Maharatna CPSE under the Ministry of Power, has signed an MoU with the Energy Management Centre, Kerala, to finance INR 18,360 crore for Pumped Storage Projects over the next five years. The MoU was signed during the Global Green Hydrogen and Renewable Energy Summit 2025 in Kochi.

REC Limited | March 15, 2025 | By Mrinmoy Dey |  1486

REC Announces Senior Management Change, Promotes Saraswathi to Executive Director

Ajay Mathur, who served as the Executive Director, has retired from his position. Following his superannuation, Saraswathi has been promoted as the new Executive Director of the company.

REC Limited | February 01, 2025 | By Abha Rustagi |  1969

Chandra Sekhar Sakhamuri Appointed as Executive Director of REC Ltd.

Chandra Sekhar Sakhamuri, an IAS officer, has been appointed as the Executive Director of REC Ltd. With a background in Computer Science and Engineering and International Business, he previously served as the Director of Sericulture in Salem, Tamil Nadu.

REC Limited | January 15, 2025 | By EI News Network |  3730

REC’s Renewable Energy Loan Disbursements Surged 58.09 Percent to INR 6314 Cr in Q3 FY25

For 9 months (Q1-Q3) FY24-25, REC disbursed total loans amounting to INR 1,45,647 crore, which is higher by 19.30 percent compared to INR 1,22,089 crore disbursed in the corresponding period of FY23-24.

REC Limited | January 06, 2025 | By Mrinmoy Dey |  1600

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