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REC Limited Issues Japanese Yen Denominated Green Bonds.

Banking & Finance | Dated: 09 Jan 2026

REC Limited has successfully issued its inaugural Japanese Yen (JPY) denominated Green Bonds aggregating to JPY 61.1 billion (approx. Rs 3,500 crore). These bonds are issued under REC's $10 billion Global Medium Term Note Programme. This is the largest Yen bond issuance by an Indian PSU.

🎯 Key Highlights:

  • The proceeds will be used to finance renewable energy projects in India.
  • The bonds have maturities of 5 years, 5.25 years, and 10 years.
  • This issuance highlights the growing international confidence in India's green energy transition.

💡 Other Important Facts:

  • Instrument: Yen Green Bonds.
  • Amount: JPY 61.1 Billion.
  • Issuer: REC Limited.

📚 Test Your Knowledge:

Which Indian PSU recently issued the largest-ever Japanese Yen denominated Green Bonds?

Correct Answer: REC Limited

🚀 Quick Recap:

About REC Limited

  • CMD – Vivek Kumar Dewangan
  • Status – Maharatna