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

By : SustainabilityO..., Jun 1, 2017

As the country 's energy sector increases focus on renewable options, one of the main power finance companies, Rural Electrification Corporation (REC), expects its lending to the industry to...

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Rural Electrification Corporation eyes Rs 10,000 crore renewables lending push

By : SustainabilityO..., Apr 20, 2017

Rural Electrification Corp. (REC), a state-owned backer of India’s power sector, plans to lend billions of rupees to clean-energy projects and equipment makers this fiscal year as part of an...

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Prices of renewable certificates slashed

By : SustainabilityO..., Mar 6, 2017

The Central Electricity Regulatory Commission (CERC) has reduced the prices of Renewable Energy Certificates (RECs) to a historic low in a move that could resurrect the market for them....

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Arunachal CM Khandu holds meeting with officials of REC & SECI

By : SustainabilityO..., Mar 2, 2017

Arunachal Pradesh Chief Minister Pema Khandu today held a meeting with officials of REC and SECI to discuss ongoing Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY) scheme being implemented in the...

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REC inks two pacts with Jharkhand utilities for Rs 15K-crore loan

By : SustainabilityO..., Feb 18, 2017

State-run Rural Electrification Corp today said it has inked two pacts with Jharkhand utilities for providing financial assistance of Rs 15,150 crore.


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Subject Tags: financial assistance , REC

Renewable certificate trading sees 30 per cent growth in July

By : SustainabilityO..., Aug 1, 2016

Renewable Energy Certificate trade increased 30 per cent in July 2016 against the previous corresponding period.


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Piyush Goyal asks PFC, REC to focus more on funding renewable energy projects

By : SustainabilityO..., Jul 12, 2016

The government has asked state-run Power Finance Corp (PFC) and Rural Electrification Corp (REC) to expand focus on funding renewable energy projects.


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Renewables certificates demand in India rises in June

By : SustainabilityO..., Jul 4, 2016

Demand for both solar and non-solar renewable energy certificates (RECs) in India jumped in June, which may be attributed to Uttarakhand’s move to strengthen enforcement of the Renewable...

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