Reforms improved financial viability of the power sector: VK Singh, REC director-technical
REC, a subsidiary of Power Finance Corp., plans to expand its lending in the renewable energy space to Rs 2.4 lakh crore by 2030, says its director-technical, VK Singh. While land and grid availability can be challenging for developing new green energy projects, policies of the government and support from states have been encouraging, he tells Shilpy Sinha. Edited excerpts:
The renewables space has been gathering pace. How is REC positioned considering India’s target of achieving 500 GW capacity by 2030?
