Search For "rec limited"
REC Ltd completes verification of $500 mn and ¥61bn green bond usage
Updated : 3 months ago IST
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has successfully completed post-issuance assurance for its Green Bonds worth USD 500 million (ECB 74) issued in September 2024 and JPY 61.10 billion (ECB 66) issued in January 2024
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Fitch affirms stable outlook for state-owned financiers REC, PFC, IRFC
Updated : 10 months, 1 week ago IST
Fitch Ratings has affirmed stable outlook for three state-owned infrastructure financing companies -- REC Limited, Power Finance Corporation Ltd, and Indian Railway Finance Corporation Limited.
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BAI-REC to host first-ever BWF Level 1 course in India to standardise coac
Updated : 1 year, 1 month ago IST
Continuing its effort to create a standardised coaching structure and build a strong network of qualified coaches, the Badminton Association of India (BAI), in association with REC Limited (a leading Maharatna company under the Ministry of Power) and the Sports Authority of India (SAI), will
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Days after listing, ACME Sun Power secures Rs 3,753 cr loan for projects i
Updated : 1 year, 3 months ago IST
Days after its listing on the stock exchanges, ACME Solar Holdings' subsidiary ACME Sun Power has secured a Rs 3,753 crore term loan financing from state-owned company REC Limited for the development and construction of a 320 MW green energy projects in collaboration with SJVN.
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Azure Power Secures REC & HSBC Refinancing, Completes Early Bond Prepa
Updated : 1 year, 4 months ago IST
Gurugram (Haryana) [India], October 17: Azure Power Global Limited, a leading sustainable energy solutions provider and renewable power producer in India, has announced the successful completion of its Rs24 billion refinancing transaction, structured as an INR Term Loan underwritten solely b
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REC Limited disburses Rs90,955 cr loan in H1 FY25; Green loans surge by 92
Updated : 1 year, 5 months ago IST
It has achieved significant growth in its loan disbursements for the half-year ended September 30. In Q2 FY24-25, REC disbursed Rs47,303 crore in loans, representing a 13.71 per cent YoY increase compared to Rs41,598 crore in Q2 FY23-24.
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REC signs MoU to provide Rs 3 lakh crore for Rajasthan infra projects by 2
Updated : 1 year, 5 months ago IST
REC Limited, a Maharatna CPSU under the Ministry of Power, has signed an MoU with the Rajasthan government to provide Rs 3 lakh crore in funding for infrastructure projects in the state, according to a statement from the company.
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REC raises CBDT notified Zero Coupon Bonds of Rs 5000 crore
Updated : 1 year, 5 months ago IST
REC Limited, a 'Maharatna' company under the administrative control of the Ministry of Power, has successfully raised CBDT notified Zero Coupon Bonds (ZCB) of Rs 5,000 crore at the effective yield of 6.25 per cent per annum.
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REC signs non-binding MoUs with renewable energy companies for projects of
Updated : 1 year, 5 months ago IST
REC Limited, one of India's infrastructure financing companies, signed non-binding Memorandums of Understandings (MoUs) with renewable energy developers for projects worth approximately Rs 1.12 lakh crore.
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Guwahati to host 2nd REC Open Talent Hunt boxing competition
Updated : 1 year, 6 months ago IST
The tournament serves as a platform for aspiring boxers to showcase their skills and open opportunities. It will witness around 600 boxers competing in 12 weight categories each for elite men and women and 10 weight categories each for youth men and women.
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REC Ltd looking at financing overseas projects, submitted application for
Updated : 1 year, 7 months ago IST
Chairman and Managing Director of REC Limited, Vivek Kumar Dewangan, talking to ANI soon after the company released its Q1 earnings, said they would start financing offshore projects "as soon as possible" and hinted it is most likely in this current financial year.
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REC net profit grows 16 pc, return on net worth up by 19 pc in Q1 FY25
Updated : 1 year, 7 months ago IST
The Ministry of Power-owned REC Limited has posted a net profit of Rs 3,442 crore, an increase of 16 per cent in the first quarter of the financial year 2025 from the same period last year. Last year, the company posted Rs 2,961 crore in the first quarter of FY2024.
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