The board of REC Limited will be revising its market borrowing programme for FY 2024-25. The board earlier sanctioned a borrowing size of ₹1.6 trillion for the fiscal year. There is, however, no announcement regarding confirmation of raising this amount to ₹1.8 trillion. The board has convened on March 7, 2025, to finalize this amendment. REC's borrowing strategy is vital for raising funds for Indian power infrastructure projects. The company's strategic position in the industry is backed by the Government of India.
Source: Business Standard, Economic Times, and BSE Filings.