Rural Electrification Corporation Rec

REC board approves ₹1.6 trillion market borrowing programme for FY27

State-owned REC Ltd on Wednesday said its board has approved market borrowings of Rs 1.6 lakh crore for the fiscal 2026-27 at a meeting held on March 25. According to a regulatory filing, the market borrowings of Rs 1,60,000 crore includes raising up to Rs 1,40,000 crore through the issuance of capital gains tax exemption bonds, domestic debentures as well as rupee term loans, and external commercial borrowings. The market borrowings also fund raising up to Rs 10,000 each from short term loans and commercial papers. Funds under the borrowing programme shall be raised for different maturities, through different instruments, depending upon the actual requirement of funds, asset-liability position and prevailing market conditions, with the approval of Competent Authority as per the powers delegated in this regard by the Board of Directors, it added. Board of Directors of REC Ltd in its meeting held on March 25, inter-alia considered and approved the Market Borrowing Programme of the .

Want to be a one-stop debt solution for renewable energy: REC chairman

'We are targeting a tenfold increase in our renewable energy portfolio to Rs 3 trillion by 2030'

Discoms' dues to gencos down by Rs 24,000 crore on back of loan scheme

But cumulative dues remain at a high of Rs 1.13 trillion

REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 trillion

"The consent of the Members is sought for increasing the borrowing limit from Rs 3.5 trillion to Rs 4.5 trillion to cover the further requirement of borrowings," as per the AGM notice

REC kicks off discom package with Rs 2,500 crore to Maharashtra

REC has sanctioned another Rs 3,300 crore for Andhra Pradesh, Rs 2,000 crore for Punjab and Rs 2,032 crore for Rajasthan.

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds

PFC, REC will first issue bonds based on initial demand from states

REC says over 10% lending this financial year will be in renewables

Company also plans for customised products, green fund raising options

REC, MRF, Bajaj Finance, DCB Bank among 29 stocks hitting record highs

Escorts, Bajaj Finserv, Havells India and Petronet LNG are among 29 stocks hit record highs.