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.

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The ‘Distinguished Fellow’ Award was presented to Sh. Dewangan by the Hon’ble Union Minister of State (I/C) for Law & Justice, and Parliamentary Affairs, Sh. Arjun Ram Meghwal, acknowledging his outstanding dedication and innovative approach towards leading REC Limited to new heights of success.

The award recognises Sh. Dewangan’s visionary leadership towards fostering infrastructure growth and innovation, and promoting all round prosperity. His contributions have further strengthened India’s global position in the energy sector.

Sh. Dewangan said, “I am deeply humbled and honored to receive the Award. This accolade is a reflection of our collective ambition at REC to innovate and lead in the energy sector. It is a moment of pride for all of us, as it acknowledges our unwavering commitment to excellence and sustainability. I accept this award with a promise to continue our journey towards empowering a brighter, greener future for our nation. My sincere thanks to the Institute of Directors for this esteemed recognition.”

Under Sh. Dewangan’s visionary leadership, REC has achieved remarkable milestones and set new benchmarks in the power finance sector. His strategic initiatives and commitment to excellence have significantly contributed to the company’s growth and the nation’s progress in energy sustainability.

REC Limited extends its heartfelt gratitude to the Institute of Directors for this honor and reaffirms its commitment to contributing to the nation’s development under the guidance of Sh. Dewangan.

The post Sh. Vivek Kumar Dewangan, CMD, REC receives ‘Distinguished Fellow’ Award 2024 by Institute of Directors appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The award recognises Sh. Dewangan’s visionary leadership towards fostering infrastructure growth and innovation, and promoting all round rural prosperity. His contributions have further strengthened India’s global position in the energy sector.

The post ‘Distinguished Fellow’ Award to our CMD, Sh. Vivek Kumar Dewangan, appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.