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rec: REC chief on rooftop solar mission, diversifying into non-power infra & zero NPA plans

Vivek Dewangandiscusses the implementation of the Rooftop Solar mission and the role of REC as the overall programme implementation agency. The target is to cover one crore households and install 40 gigawatts of rooftop solar capacity by 2026. The total financing required for this is estimated to be around Rs 2,00,000 to 2,40,000 crore. Dewangan also mentions that REC is diversifying into non-power infrastructure and logistics, with a focus on financing refineries, electromechanical components, railway projects, road and highway projects, airports, metro, super-speciality hospitals, IT infrastructure, and data centres. ....

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