Current Context : Rural Electrification Corporation Ltd (REC) has been honored with the ‘Sustainability Champion – Editor’s Choice Award’ at the ‘Outlook Planet Sustainability Summit & Awards 2024’.
- The Award ceremony was organised by Outlook Group in collaboration with IIT Goa.
- The Outlook Planet Sustainability Summit & Awards is a prominent platform that brings together industry leaders, policymakers, and sustainability advocates to celebrate and promote excellence in sustainable practices.
- This year’s summit featured insightful discussions, innovative ideas and recognized the remarkable achievements of organizations dedicated to sustainability.
ABOUT REC LIMITED
- REC is a ‘Maharatna’ company under the administrative control of the Ministry of Power, Government of India.
- It is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC).
- REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen and Green Ammonia projects.