REC to lend Rs 1.20 lakh cr to power PSUs for solar rooftop projects
REC Ltd approves Rs 1.20 lakh crore line of credit for public sector power companies implementing rooftop solar projects under Pradhanmantri Suryodaya Yojana. The company to be project implementation agency for the rooftop solar project. Three segments covered: households, commercial/industrial, and government buildings. Government aims for 40 GW rooftop solar capacity.
Source: indiatimes.com