power

REC Chairman & MD on renewable loans; Aims Rs 2.5 lakh crore portfolio by 2030

In an exclusive interaction with Moneycontrol, Vivek Kumar Dewangan, chairman and MD of REC Ltd, said the Maharatna NBFC is aiming to have a renewable loan portfolio of up to Rs 2.4 lakh crore ($30 billion) by 2030. He said the company's share of renewable financing will increase from the current 6% to 30% of the total loan portfolio by 2030.

first published: Mar 31, 2023 06:57 pm

LATEST VIDEOS

Watch More →

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347