REC wins SKOCH ESG Award 2024

• REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been bestowed with the SKOCH ESG Award 2024 in the ‘Renewable Energy Financing’
• The award underscores REC’s dedication to sustainable financing, paving the way for a greener future and accelerating the transition to renewable energy.
• Executive Director, REC Limited, Shri T.S.C. Bosh received the award in New Delhi.

ABOUT THE AWARD:

• The SKOCH ESG Awards recognize organizations that demonstrate outstanding performance in Environmental, Social, and Governance (ESG) The SKOCH ESG Award and Assessment serve as an important benchmark for evaluating organizations’ commitment to India 2047. It focuses on the interplay between sustainable investments and processes in shaping a sustainable and growing business future.

ABOUT REC LTD:

• REC is a ‘Maharatna’ Central Public Sector Enterprise under the Ministry of Power, and is registered with RBI as Non-Banking Finance Company (NBFC), and Infrastructure Financing Company (IFC).
• REC finances the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pumped Storage Projects, Green Hydrogen and Green Ammonia projects.