REC limited avails SACE-Covered Green Loan
MUMBAI: In a significant step towards sustainable development in India, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC und.
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MUMBAI: In a significant step towards sustainable development in India, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC und.
In a significant step towards sustainable development in India, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has successfully availed a Green Loan of Japanese Yen (JPY) 60.536 billion to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by Italian Export…
Power Finance Corporation (PFC) has become the first Indian government-owned entity to collaborate with SACE, the Italian export credit agency. Under the 'Push Strategy' initiative, PFC and SACE will establish an innovative ECA-backed financing facility, benefiting from an 80% guarantee from SACE.
Italy’s Export Credit Agency, SACE, brought together a hundred leaders in Mumbai to explore trade and industrial synergies
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