You are here

India's rural power company eyes lending push for renewables

The non-banking financial company is aiming to triple lending to clean energy projects, equipment makers

New Delhi

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 expanded push into renewables that will also see it issue green bonds overseas.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom