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REC signs Euro 200 mn loan agreement with KfW

09-Dec-23 13:41 Hrs IST

REC has signed a 200 million Euro loan agreement with the German Bank KfW in New Delhi on 08 December 2023. This is REC's sixth line of credit under Indo-German Development Cooperation, which REC will utilize to re-finance investments in the distribution infrastructure of DISCOMs in alignment with the Revamped Distribution Sector Scheme (RDSS) of the Government of India.

24,273.80 -140.60 (-0.58%)

79,950.95 -383.86 ( -0.48%)

54,365.65 -245.25 ( -0.45%)

36,002.45 82.15 ( 0.23%)

41,380.81 245.84 (0.60%)

5,684.33 32.05 (0.57%)

36,949.24 169.58 (0.46%)

8,531.61 -27.72 (-0.32%)

84.70 0.29 (0.35%)

96.08 0.41 (0.42%)

112.96 0.38 (0.34%)

0.59 0.00 (0.19%)