Sh. Vivek Kumar Dewangan, CMD, REC Ltd., participated in an insightful panel discussion on ‘Sustainable Finance—Public and Private Investment’ held as part of the ongoing hashtag Rising Rajasthan Summit in #Jaipur yesterday.
During the session, Sh. Dewangan emphasised the crucial role that sustainable financing has in achieving the nation’s climate goals. Elaborating on REC’s leadership in driving India’s energy transition, Sh. Dewangan highlighted that REC has set a target of attaining a green finance loan portfolio of Rs. 3 lakh crore by FY 2030. This target would increase the share of renewables from the current 8% to 30% by 2030.
Sh. Dewangan also discussed the vast potential of Rajasthan, which is being boosted by REC through various projects. Recently, REC has signed an MoU with the Rajasthan government to finance Rs. 50,000 Cr annually till FY 2030 in a range of projects, including renewables and the non-power infrastructure sector in the state.
Success isn’t about wealth, it’s about simplicity. In this episode of Living Life with Dr. Shankar Goenka, I share a lesson I learned from a mentor about staying humble and grounded, no matter how successful you become. Let’s embrace simplicity for a truly fulfilling life.