REC Hosts 56th AGM, Highlights Record Growth and Sustainability

28 Aug 2025 CW Team

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.

Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbursements of Rs 1.91 trillion, showcasing effective capital deployment in power and infrastructure. The loan book registered an 11 per cent year-on-year growth to Rs 5.67 trillion, while net worth rose 13 per cent to Rs 776.38 billion. Total income increased 19 per cent to Rs 559.80 billion, and net profit after tax grew 12 per cent to Rs 157.13 billion.

He emphasised that REC’s commitment extends beyond financing projects to building a green, inclusive, and resilient energy ecosystem for India. He added that ESG principles are embedded into REC’s decision-making, ensuring sustainability is a core element of its strategy and operations.

The AGM was attended by shareholders through video conferencing. With the requisite quorum in place, the Chairman called the meeting to order and delivered his speech. On this occasion, the Chairman and Board of Directors also released REC’s second Sustainability Report, aligned with the Global Reporting Initiative (GRI) Universal Standards 2021, which outlines the company’s Environmental, Social, and Governance (ESG) performance.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..