REC Limited to Avail a Loan of $169.5 Million from KfW Bank to Finance Solar Projects

This is the third credit line signed between REC and KfW to finance renewable energy projects

December 23, 2021

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REC Limited, a public infrastructure finance company involved in financing power projects, has entered into an agreement with Germany-based KfW Development Bank to avail official development assistance (ODA) loan of $169.5 million.

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Harsh Shukla

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REC Limited to Avail a Loan of $169.5 Million from KfW Bank to Finance Solar Projects

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