REC Limited — Important, 01-08-2025: General Updates

REC, a pivotal infrastructure financier, is significantly expanding beyond power into airports, metro, highways, and ports. It's a key implementer for the ₹75,021 Cr PM Surya Ghar scheme and nodal agency for Revamped Distribution Sector Scheme across 19 states. Green energy financing is booming: renewable loan book up 49% YoY, disbursements jumped 63%. REC aims for Net Zero operations with 100% green power. Faced a ₹0.29 Cr fine from NSE/BSE for board composition, citing government appointment constraints. Upped sustainable sourcing to 100% and MSME procurement to 44.83%.