REC signs 200 million euro loan with KfW to drive reforms in distribution segment

REC Limited has signed a 200 million euro loan agreement with Ger­many’s KfW bank to enhance the distribution segment. This agreement marks REC’s sixth line of credit under the Indo-German Development Coo­peration and demonstrates the corporation’s commitment to enhance the distribution infrastructure of discoms in line with the Revamped Distribution Sector Scheme.