REC Offers Loans for Green Projects

02 May 2024 CW Team

The loans offered by REC are specifically tailored to finance projects that focus on renewable energy, energy efficiency, and other environmentally friendly initiatives. These projects play a crucial role in mitigating climate change and reducing the carbon footprint, aligning with global efforts to transition towards a greener and more sustainable future.

By availing loans from REC, project developers and organisations can access the necessary financial resources to implement their green projects. Whether it's setting up solar power plants, installing wind turbines, or implementing energy-efficient technologies, REC's financing solutions can help turn green ideas into reality.

REC's involvement in funding green projects also aligns with the government's initiatives to promote renewable energy and sustainable development. India has set ambitious targets for renewable energy capacity addition, aiming to achieve 175 gigawatts by 2022 and further increase it to 450 gigawatts by 2030. REC's support through loans facilitates the achievement of these targets by providing the necessary financial backing for project implementation.

Moreover, REC ensures that the loan application and approval process is streamlined and efficient, enabling quick access to funds for eligible projects. This expedites the project implementation timeline, allowing developers to start generating clean energy or implementing sustainable practices sooner.

In addition to financing, REC offers advisory services to project developers, assisting them in navigating the complexities of green project implementation. From feasibility studies to project monitoring and evaluation, REC provides comprehensive support to ensure the success of green initiatives.

Furthermore, REC's loans for green projects come with competitive terms and conditions, including attractive interest rates and flexible repayment options. This makes REC an ideal financing partner for organisations looking to embark on environmentally sustainable projects without compromising on financial viability.

In conclusion, REC's availability to provide loans for green projects signifies a significant step towards advancing sustainability in India's infrastructure development landscape. By extending financial support to renewable energy and environmentally friendly initiatives, REC plays a pivotal role in driving the country's transition towards a greener and more resilient future.

REC, one of India's leading public infrastructure finance companies, has announced its availability to provide loans for green projects. This move reflects REC's commitment to promoting sustainability and supporting initiatives that contribute to environmental conservation. The loans offered by REC are specifically tailored to finance projects that focus on renewable energy, energy efficiency, and other environmentally friendly initiatives. These projects play a crucial role in mitigating climate change and reducing the carbon footprint, aligning with global efforts to transition towards a greener and more sustainable future. By availing loans from REC, project developers and organisations can access the necessary financial resources to implement their green projects. Whether it's setting up solar power plants, installing wind turbines, or implementing energy-efficient technologies, REC's financing solutions can help turn green ideas into reality. REC's involvement in funding green projects also aligns with the government's initiatives to promote renewable energy and sustainable development. India has set ambitious targets for renewable energy capacity addition, aiming to achieve 175 gigawatts by 2022 and further increase it to 450 gigawatts by 2030. REC's support through loans facilitates the achievement of these targets by providing the necessary financial backing for project implementation. Moreover, REC ensures that the loan application and approval process is streamlined and efficient, enabling quick access to funds for eligible projects. This expedites the project implementation timeline, allowing developers to start generating clean energy or implementing sustainable practices sooner. In addition to financing, REC offers advisory services to project developers, assisting them in navigating the complexities of green project implementation. From feasibility studies to project monitoring and evaluation, REC provides comprehensive support to ensure the success of green initiatives. Furthermore, REC's loans for green projects come with competitive terms and conditions, including attractive interest rates and flexible repayment options. This makes REC an ideal financing partner for organisations looking to embark on environmentally sustainable projects without compromising on financial viability. In conclusion, REC's availability to provide loans for green projects signifies a significant step towards advancing sustainability in India's infrastructure development landscape. By extending financial support to renewable energy and environmentally friendly initiatives, REC plays a pivotal role in driving the country's transition towards a greener and more resilient future.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..