REC has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIFL) to collaborate on a suite of funding solutions for Renewable Energy Projects as well as large-scale infrastructure projects in India. The collaboration with REC aligns perfectly with NIIF's broader strategy to enhance financing and attract private capital into the infrastructure sector.
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.
