REC Limited holds 54th AGM, announces commitment to increase loan portfolio of green projects by more than 10 times by year 2030
National
REC Limited held its 54th Annual General Meeting today through Video Conferencing. Chairman & Managing Director Shri Vivek Kumar Dewangan chaired the meeting, which was attended by all Directors on the Board of the Company. Many shareholders were present at the meeting through Video Conferencing. Addressing the meeting, the CMD said: “REC is committed to increase its present loan portfolio of Green Projects to the extent of more than ten times by the year 2030 amounting to ? 3 lakh crore.The CMD said that while reposing faith in REC, Ministry of Power has also allowed the Company to lend to non-power infrastructure & logistics sectors to contribute to the accelerated development of the nation.
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