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		<title>REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms</title>
		<link>https://newsmantra.in/rec-signs-200-million-euro-loan-with-german-bank-kfw-to-propel-distribution-sector-reforms/</link>
		
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		<pubDate>Sat, 09 Dec 2023 08:41:53 +0000</pubDate>
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		<category><![CDATA[DISCOMS]]></category>
		<category><![CDATA[Indo-German Development Cooperation]]></category>
		<category><![CDATA[REC Limited]]></category>
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					<description><![CDATA[<p>REC Limited signed a 200 million Euro loan agreement with the German bank KfW on Friday. This marks REC&#8217;s sixth line of credit under the Indo-German Development Cooperation and demonstrates the commitment to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the...</p>
<p>The post <a href="https://newsmantra.in/rec-signs-200-million-euro-loan-with-german-bank-kfw-to-propel-distribution-sector-reforms/">REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-family: Trebuchet MS, serif;">REC Limited signed a 200 million Euro loan agreement with the German bank KfW on Friday. This marks REC&#8217;s sixth line of credit under the Indo-German Development Cooperation and demonstrates the commitment to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of India (GoI).</span></p>
<p><span style="font-family: Trebuchet MS, serif;">The signing event was graced by the presence of key dignitaries, including Wolf Muth, Country Director (India); Ms. Carolin Gassner, Director (South Asia); and Dr. Juergen Welschof, Head of the Division from KfW along with the officials from the German Embassy. T.S.C. Bosh, ED (BDM, I&amp;L) along with Smt. Valli Natarajan, ED(SOP) and Saurabh Rastogi, CGM (BDM) attended the event on behalf of REC Ltd. </span></p>
<p><span style="font-family: Trebuchet MS, serif;">This occasion marks a significant step in REC&#8217;s ongoing commitment to reform the distribution sector in the country. REC is the nodal agency to implement the RDSS scheme. </span></p>
<p>The post <a href="https://newsmantra.in/rec-signs-200-million-euro-loan-with-german-bank-kfw-to-propel-distribution-sector-reforms/">REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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