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REC loans for green projects record 6-fold jump to Rs 1.37 lakh crore

Government-owned power finance giant REC has recorded an over 6-fold jump to Rs 1,36,516 crore in loans sanctioned for renewable energy projects during 2023-24 compared to the corresponding figure of Rs 21,371 crore in 2022-23, official figures . ....

New Delhi , Global Medium Term Notes Programme , Kyen Bond , Yen Green Bonds ,

REC Loans For Green Projects Record 6-Fold Jump To Rs 1.37 Lakh Crore

REC Loans For Green Projects Record 6-Fold Jump To Rs 1.37 Lakh Crore
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New Delhi , Global Medium Term Notes Programme , Kyen Bond , Yen Green Bonds ,

REC raises 61.1 billion yen via medium term notes issue

REC Limited has successfully issued its inaugural 61.1 billion Japanese Yen ($41.56 million) 5-year, 5.25-year and 10-year Green bonds, as part of its $10 billion global medium term notes programme. ....

Vivek Kumar Dewangan , Moody Fitch , Japanese Yen , Eligible Green Project , Green Finance Framework , Commercial Borrowings Guidelines , Kyen Bond , Yen Green Bonds , South East Asia , Indian Yen , Euro Yen Green , Kumar Dewangan , Global Securities Market , India International Exchange ,

REC raises about Rs 3,500 crore via yen-denominated green bonds

REC Ltd, a state-owned company in India, has raised JPY 61.1 billion (about Rs 3,500 crore) through green bonds. The issuance includes 5-year, 5.25-year, and 10-year bonds under its USD 10 billion Global Medium Term Notes Programme. This marks REC Ltd s eleventh venture into the international bond market and the first Yen Green Bond issuance by any Indian PSU. The notes will be used to finance eligible green projects, aligning with REC s commitment to promoting green and clean energy. ....

Vivek Kumar Dewangan , Moody Fitch , Ltd On , Ministry Of Power , Global Medium Term Notes Programme , Japanese Yen , Green Finance Framework , Global Medium Term Notes , Kyen Bond , Yen Green Bond , Kumar Dewangan , Managing Director , Euro Yen Green , Global Securities Market , India International Exchange , Rec Ltd , Green Bonds , Yen Denominated , Jpy 61 1 Billion , Indian Psu , Electric Vehicles , Renewable Energy ,