REC Raises Rs.5,000 Crore via Bonds
ECONOMY & POLICY

REC Raises Rs.5,000 Crore via Bonds

REC Ltd, a leading financing agency in India’s power sector, has successfully raised Rs.5,000 crore through Central Board of Direct Taxes (CBDT)-notified zero-coupon bonds. These funds are earmarked to support renewable energy projects and infrastructure development across the country. Zero-coupon bonds, which do not provide periodic interest payments, are issued at a discount, maturing at their face value. This financing method is attractive to investors seeking long-term capital gains while allowing REC to secure funds efficiently.

The proceeds will primarily focus on advancing India’s renewable energy goals, aligning with the country’s commitment to cleaner, sustainable power generation. REC’s continued focus on green projects highlights its significant role in facilitating the energy transition, especially as India pushes to increase its non-fossil fuel capacity.

The bond issuance also reflects REC’s strong financial health and ability to attract investment even during volatile economic conditions. The strategic move to raise capital through zero-coupon bonds positions REC to finance a variety of clean energy projects, driving the nation closer to achieving its renewable energy targets. This capital raise will contribute significantly to India’s push for increased renewable capacity and reduced carbon emissions.

REC Ltd, a leading financing agency in India’s power sector, has successfully raised Rs.5,000 crore through Central Board of Direct Taxes (CBDT)-notified zero-coupon bonds. These funds are earmarked to support renewable energy projects and infrastructure development across the country. Zero-coupon bonds, which do not provide periodic interest payments, are issued at a discount, maturing at their face value. This financing method is attractive to investors seeking long-term capital gains while allowing REC to secure funds efficiently. The proceeds will primarily focus on advancing India’s renewable energy goals, aligning with the country’s commitment to cleaner, sustainable power generation. REC’s continued focus on green projects highlights its significant role in facilitating the energy transition, especially as India pushes to increase its non-fossil fuel capacity. The bond issuance also reflects REC’s strong financial health and ability to attract investment even during volatile economic conditions. The strategic move to raise capital through zero-coupon bonds positions REC to finance a variety of clean energy projects, driving the nation closer to achieving its renewable energy targets. This capital raise will contribute significantly to India’s push for increased renewable capacity and reduced carbon emissions.

Related Stories

Gold Stories

Next Story
Real Estate

A Concrete Statement in Jubilee Hills

The Jubilee Hills residence is an exploration of structure as architecture, where mathematical precision, exposed concrete, and engineering discipline come together to create a bold and enduring built form.Constructed with Blushfarbe, HAACE’s bespoke concrete finish, the project demanded exceptional control, as every visible structural element was also required to perform as the final architectural surface. Deep reinforced concrete roof frames extend into the vertical façade, while precision-cast fluted surfaces, rhythmic vertical fins, circular columns, and a cantilevered staircase create ..

Next Story
Infrastructure Energy

Hindustan Zinc raises renewable power share to 22 per cent

Hindustan Zinc has increased the share of renewable energy in its overall power consumption to 22 per cent, up from around 18 per cent in FY26, as it advances towards sourcing 70 per cent of its power requirements from renewable sources by FY28.During FY26, the company generated 892 million units of green power, up from 632 million units in FY25. It has also expanded its round-the-clock renewable power arrangement with Serentica Renewables from 450 MW to 530 MW to support the transition.Hindustan Zinc is strengthening its renewable energy portfolio through solar, wind and energy storage soluti..

Next Story
Resources

Crompton unveils new brand identity and super-premium platform

Crompton Greaves Consumer Electricals Ltd. has unveiled a new master brand identity as part of its Crompton 2.0 transformation, alongside the launch of its super-premium brand Crompton Rhion and the strengthening of its Energion platform.The refreshed identity introduces Cephyr, a new emblem inspired by sapphire and Zephyrus, the Greek wind, representing Crompton’s evolution towards a design-led, consumer-centric brand. The new brand promise, ‘Amazing, Every Day’, is supported by a new sonic identity that will be rolled out across advertising, digital platforms, products and retail envir..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement