Loans Provided to Renewable Energy Sector by REC Limited Up 10% YoY in Q3 FY22

The company’s net profit also grew to the highest ever 23% YoY to ₹27.73 billion in Q3 2022

February 7, 2022

/ Harsh Shukla
/ Finance and M&A, Other
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


REC Limited, a public infrastructure finance company involved in financing power projects, disbursed ₹4.7 billion (~$62.93 million) in loans to the renewable energy sector in the third quarter (Q3) of the financial year (FY) 2022.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Harsh Shukla

More articles from Harsh Shukla.
distribution companiesIncomeloansprofitREC LimitedRenewable energy sector
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS