REC Limited Secures 5-Year Green Loan to Fund Sustainable Projects in India
| Aspect | Details |
|---|---|
| Organization | REC Limited |
| Loan Type | 5-year green loan |
| Loan Amount | 31.96 billion Japanese yen (approximately $200 million) |
| Facilitated by | Deutsche Bank's Gift City branch |
| Purpose | Financing environmentally sustainable projects in India |
| Key Figures | Vivek Kumar Dewangan (CMD of REC), Kaushik Shaparia (CEO of Deutsche Bank Group in India) |
| Significance | One of the initial yen-denominated green loan deals for Deutsche Bank in India |
| Commitment | REC's dedication to green energy finance and sustainable project development |
| Partnership | Collaboration between REC and Deutsche Bank for environmentally responsible initiatives |