REC secures Rs. 200 mn loan for power distribution reforms

11 Dec 2023 CW Team

Rural Electrification Corporation (REC) has finalised a ? 200 million loan agreement with German bank KfW to drive transformative reforms in India's power distribution sector. This strategic financial infusion is poised to bolster efforts in enhancing the efficiency and sustainability of the country's electricity distribution network.

The substantial loan signifies a collaborative international commitment towards advancing India's power infrastructure. The funds from KfW will be instrumental in implementing crucial reforms that aim to address challenges in the power distribution sector. This includes upgrading technology, improving distribution networks, and integrating renewable energy sources to create a more resilient and sustainable energy landscape.

The partnership between REC and KfW underscores the global recognition of the importance of empowering India's power sector to meet the growing energy demands of its population. The loan agreement reflects confidence in REC's capabilities and the potential impact of the proposed reforms.

By leveraging this financial support, REC intends to enhance the reliability of power supply, reduce distribution losses, and promote the adoption of cleaner energy sources. These initiatives align with India's broader goals of achieving energy security, reducing carbon emissions, and ensuring widespread access to electricity.

This collaboration highlights the significance of international cooperation in addressing complex challenges within the energy sector. The infusion of funds from KfW into India's power distribution reforms is expected to contribute significantly to the nation's progress in building a robust, sustainable, and inclusive energy infrastructure.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..