Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RECL Disburses Loans Upwards Of INR 90 Thousand Crores In H1, FY25
Update / Judgement Date
06 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
REC Ltd has disbursed loans exceeding INR 90,000 crores in the first half of FY25, reflecting its role in funding critical infrastructure projects across India. The loans primarily target the power sector, promoting the government’s agenda for clean energy and enhanced transmission capabilities. With the focus on rural electrification and renewable energy, REC aims to expand its portfolio, ensuring that the power grid and related infrastructure meet the growing energy demands of the nation. This milestone underscores REC's pivotal role in supporting India’s long-term energy goals.