REC Loan Disbursements Rise 18% in Q3 FY25

07 Jan 2025 CW Team

REC Limited, a Maharatna CPSE under the Ministry of Power, reported Rs 546.92 billion in loan disbursements for the quarter ending December 31, 2024, reflecting an 18% increase year-on-year.

Renewable energy loans saw a sharp 58.09% rise to Rs 63.14 billion during the quarter, underscoring REC’s heightened focus on clean energy financing.

For the nine months of FY25, total loan disbursements reached Rs 1456.47 billion, up 19.30% from Rs 1,220.89 billion in the same period last year. Renewable energy loans in this period grew substantially by 78.68%, amounting to Rs 176.12 billion.

As a prominent non-banking financial company in India’s energy sector, REC continues to play a pivotal role in funding projects across power generation, transmission, and distribution. The surge in renewable energy disbursements demonstrates its commitment to supporting India’s clean energy transition and aligning with national sustainability goals.

(ET)

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..