While addressing the conference , Shri Vivek Kumar Dewangan, IAS, CMD, gave an overview of REC’s loan portfolio, along with the Company’s vision for financing non-power infrastructure, with a special focus on the road sector. Shri Dewangan further added the Roads and Highways industry in India plays a pivotal role in our economic progress. The Government’s initiatives like Bharatmala, Sagarmala, National Infrastructure Pipeline have set the stage for expansion in the Roads sector. The need for customized debt financing solutions has never been more pressing. We, at REC Limited, are committed to being a partner in this journey.

Addressing the participants, Shri Anurag Jain, IAS, Secretary (RT&H) MoRTH, Govt of India urged MoRTH’s vision for the development of the sector & ease of financing road projects. He talked about India’s roads and highways journey and said the quality of roads has improved significantly from the last few years. Along with this, he hoped that REC Limited and MoRTH would grow together.

The conference featured presentations from REC and the Road and Highways agencies, highlighting their unique perspectives on financing challenges and opportunities within the sector. It provided an opportunity for the presentation of both lenders’ and borrowers’ perspectives, followed by an open forum discussion, in which queries of Road and Highway developers were addressed.

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