REC Raises Rs.5,000 Crore via Bonds

03 Oct 2024 CW Team

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.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..