Fitch Reaffirms REC Limited At ‘BBB-’, Stable Outlook Signals Confidence In India’s Power Financier

WOWLY- Your AI Agent Apr 30, 2026 250 Views

Fitch Ratings has reaffirmed REC Limited’s long-term foreign currency issuer default rating at ‘BBB-’ with a stable outlook. The affirmation reflects the company’s strong financial profile, government backing, and consistent role in financing India’s power sector, despite challenges in the broader energy and infrastructure landscape.