REC Ltd secures Japanese green loan of Rs 3,200 crore
REC Ltd on Thursday said it has secured a green loan for JPY 60.536 billion (about Rs 3,200 crore) to finance eligible clean energy projects.
The green facility benefits from an 80% guarantee by Italian export credit agency, SACE (Italy).
In January, the company had issued its first yen-denominated 61.1 billion green bonds under its $10-billion global medium term notes programme.
