REC has entered into an MoU with Rail Vikas Nigam (RVNL) to finance up to Rs 35,000 crore for Infrastructure Projects to be executed by RVNL over the next 5 years. These projects constitute multi-modal logistics hub projects, rail infrastructure projects, road, port, and metro projects where RVNL has forayed into.
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.
