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Funding blues for green companies, discoms over REC-PFC dealBy : Sustainability ..., Jan 31, 2019
Renewable energy firms and state power distribution companies fear a funding crunch in the power sector due to the takeover of REC by Power Finance Corp (PFC), even as both state-run firms... Read more.. |
Cabinet Approves Sale Of Government’s Stake In REC To Power Finance CorporationBy : Sustainability ..., Dec 7, 2018
The cabinet approved the sale of government’s entire 52.63 percent in power sector financier REC Ltd. to state-run peer Power Finance Corporation Ltd. as it looks to mop up funds through such a... Read more.. |
REC to tap US investors with $1-billion bond offeringBy : Sustainability ..., Oct 23, 2018
REC, one of the largest lenders to the power sector, is planning to raise $1 billion through a bond sale to US-based investors, a first for the state-run company that has so far tapped investors... Read more.. |
Rural Electrification Corp agrees to reduce interest rate on loan to Andhra by 2 per centBy : sustainabilityo..., Oct 9, 2017
Rural Electrification Corporation (REC) of India has agreed to reduce the interest rate on loans to be given to Andhra Pradesh by 2 per cent. ... Read more.. Subject Tags: Hydro , India , industry news , interest rates , REC , Rural Electrification , solar , wind |