Media Lounge
REC Honored with Excellence in Green Financing Award at the Green Ribbon Champions 2024
Dated 2024-09-25
New Delhi, September 26, 2024 – REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has been honored with “Excellence in Green Financing Award” at the Green Ribbon Champions 2024, organized by the Network 18. The award acknowledges REC's exemplary efforts in facilitating India's energy transition by providing financial backing to sustainable and renewable energy projects.
The award was graciously accepted on behalf of REC by Sh. Saurabh Rastogi, Executive Director of REC Limited.
REC Limited has consistently set benchmarks in the green energy sector, with a relentless focus on growth, innovation, and transformation. The company’s strategic commitment to funding renewable energy projects—including wind, solar, and other clean energy initiatives—demonstrates its unwavering dedication to sustainability and excellence.
This recognition also highlights REC's crucial role in shaping the nation’s clean energy future, reinforcing its leadership in facilitating the transition to a low-carbon economy.