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REC to increase loan portfolio of green projects by 10 times to over Rs 3 lakh crore by 2030

REC to increase loan portfolio of green projects by 10 times to over Rs 3 lakh crore by 2030

The 54th Annual General Meeting (AGM) of the REC Limited was held today .Shri Vivek Kumar Dewangan, CMD ,chaired the meeting and was attended by all the Directors on the Board of the Company.

While addressing the AGM ,  Shri Dewangan  said, “REC is committed to increase its present loan portfolio of Green Projects to the extent of more than ten times by the year 2030 amounting to Rs 3 lakh crore. “ Regarding \ dividend, Shri Dewangan said  the total dividend pay-out for FY23, including the proposed final dividend, is  Rs 3,318 Crore.”

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