REC Limited Wins Prestigious ICC Green Urja and Energy Efficiency Award
Dated 2026-02-09

REC Limited, a Central Public Sector Enterprise under the Ministry of Power and one of India’s leading NBFCs, has been honored with the Indian Chamber of Commerce (ICC) Green Urja and Energy Efficiency Award.

REC received the Gold Award under the category “Excellence Award for Financial Institutions in Green Energy and Energy Efficiency.”

The award was received on behalf of REC by Sh. Kuldeep Rai, Executive Director (Renewables) and Sh. Arun Kumar Chaturvedi, HoD (Renewables) during the 14th Green Energy Summit organized by the Indian Chamber of Commerce in New Delhi.

This recognition reaffirms REC Limited’s leadership and commitment towards accelerating India’s clean energy transition. It highlights the organization’s unwavering dedication to:

• Expanding renewable energy capacity
• Supporting energy efficiency initiatives
• Mainstreaming energy-efficient practices within its own operations

REC’s Corporate Office exemplifies this commitment, having achieved GRIHA 5-Star certification and operating as a Net-Zero Energy Building, reflecting the highest standards of sustainability and operational energy efficiency.

Through innovative and strategic financing solutions, REC continues to support projects of national importance and remains a key enabler in India’s journey towards Viksit Bharat 2047 and global sustainability goals.

About REC LIMITED

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.

REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has been designated as the nodal agency for certain States and Union Territories under the Revamped Distribution Sector Scheme (RDSS). Additionally, the Central Government has entrusted REC with the responsibility of implementing the PM Surya Ghar Muft Bijli Yojana.