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REC designated as implementation agency for rooftop solar programme

19 Jan 2024 Evaluate

REC has been designated as the overall Programme Implementation Agency by Ministry of New and Renewable Energy, Government of India (MNRE) for Rooftop Solar (RTS) programme of the Ministry and also entrusted with the responsibility for execution of the programme/scheme prepared by MNRE and for coordination with all stakeholders, across the country, with an objective to achieve the cumulative capacity of 40,000 MW from RTS by the year 2026. 

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.


Peers
Company Name CMP
Power Finance Corpn. 344.40
REC 308.00
NHIT 171.00
Satin Creditcare Net 214.80
IFCI 76.96
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