REC has signed a memorandum of understanding (MoU) with Avaada Group to fund its energy transition projects worth Rs 20,000 crore. Avaada is a leading company in India's renewable energy sector. This landmark collaboration with REC symbolises a monumental stride towards India's energy self-sufficiency.
REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.
| Company Name | CMP |
|---|---|
| Power Finance Corp | 461.00 |
| REC | 359.35 |
| Indian Railway Fin. | 106.05 |
| NHIT | 160.00 |
| Satin Creditcare | 212.55 |
| View more.. | |
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