REC Limited Wins SKOCH Award 2025 for Corporate Net Zero Transition
Dated 2026-01-11

REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC has been conferred with the Silver Award in the ‘Corporate Net Zero Transition’ category at the prestigious SKOCH Awards 2025.

The award was received on behalf of REC Limited by Shri Awanish Kumar Bharati, General Manager (Finance).

This recognition marks REC’s third ESG-related accolade in 2025, underscoring the organisation’s sustained commitment to environmental stewardship, responsible governance, and long-term sustainable growth. The award acknowledges REC’s strategic initiatives and measurable progress in aligning its operations and financing portfolio with India’s net-zero and climate transition goals.

REC Limited has emerged as a key enabler of India’s clean energy ambitions by proactively supporting projects across renewable energy, green infrastructure, and sustainable power systems. Through a strong ESG framework and responsible financing practices, REC continues to go beyond its role as a lender—positioning itself as a catalyst for transformative change in the power and infrastructure sector.

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.