REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

As of March 31, 2018, REC has extended only 1 percent of its total loan disbursements towards renewable energy segment

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The Rural Electrification Corporation (REC), a public sector unit of the government of India involved in financing all segments of the power sector, plans to increase loan disbursements for the renewable energy sector to 4-5 percent by 2022, according to PTI.

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