REC disburses Rs 90,955 cr as loan in April-June
State-owned REC has disbursed Rs 90,955 crore in loans during April-September FY25, marking a 20.10% increase from the previous year. Notably, green loans surged by 92.68% year-on-year to Rs 11,297 crore. Renewable energy loans reached Rs 5,946 cr...
In the September quarter of FY25, REC said it disbursed Rs 47,303 crore loans, 13.71 per cent higher than the Rs 41,598 crore disbursed a year earlier.
Of this, renewable energy loans aggregated to Rs 5,946 crore, up 37.35 per cent YoY.
Renewable energy loans accounted for 13 per cent of the total disbursals in the July-September period in FY25 as against 10 per cent in the year-ago period.
REC, under the Ministry of Power, is a non-banking financial company focusing on power sector financing in India.
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