REC shares rise 3% following ₹1.12 lakh crore MoUs with Renewable Energy Developers

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REC Ltd shares surge over 3% to ₹563.25 following renewables loan commitment announcement

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REC signs non-binding MoUs worth ₹1.12 lakh crore with renewable energy developers

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REC aims to increase renewables loan book to over ₹3 lakh crore by 2030

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New MoUs will boost the share of renewables in REC's loan book from 8% to 30% by 2030

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REC projects ₹10 lakh crore loan book by 2030 with a focus on renewable energy

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REC's MoUs include diverse renewable projects: solar, wind, hydro, and more

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REC shares trading at ₹553.5, up 1.59% on the NSE

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With Our Subscription Plans

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