+
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.

Next Story
Real Estate

We aim to grow strategically across the redevelopment and mid-premium segments

With over 10 million sq ft delivered and more than 10,000 families served, Ramky Estates has emerged as a trusted name in responsible urban development. In this conversation with CW, Nanda Kishore, Managing Director, Ramky Estates, shares insights on the company’s growth philosophy, foray into the Mumbai market, commitment to sustainability, and vision for future-ready communities that blend smart living with long-term value creation.Over 10 million sq ft delivered is no small feat – what has been the driving ethos behind Ramky Estates’ journey so far?Real estate is not just a secto..

Next Story
Real Estate

We aim to triple our India business by 2030

Step into a TOTO bathroom and you don’t just see design – you feel it. From the soft, warm seat to the gentle rhythm of cleansing water and silent air drying, every interaction is engineered for delight. TOTO doesn’t sell products; it crafts rituals. With Japan’s legacy of innovation and India’s appetite for refined living, the brand is not just redefining luxury – it’s awakening the senses, one ‘Washlet’ at a time.In an exclusive conversation with FALGUNI PADODE, Group Managing Editor, CW, Shiozawa Kazuyuki, Managing Director, and Kokubu Yohei, Sales Unit Head, TOTO Ind..

Next Story
Real Estate

Not Just Glass Boxes!

India is moving away from the ‘glass box’ syndrome, all-glass façades that were widely used in commercial buildings in the last two decades but came at a significant environmental cost given the country’s predominantly hot and humid climate. Poor thermal performance, excessive heat gain and dependency on mechanical cooling systems made buildings with glass façades energy guzzlers and significantly increased their carbon footprint.That said, it’s important to be aware that “glass is not the enemy,” points out Heena Bhargava, Architect, Architecture Discipline. “How it is used ma..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?