REC Limited signs a MoU worth Rs 3 trillion with Rajasthan Government

REC Limited has signed an MoU with the Rajasthan government to provide a Rs 50 billion loan facility annually until 2030, aggregating to Rs 3 trillion. The MoU has been modified, increasing the commitment to Rs 50 billion annually from Rs 20 billion ascertained in the previous agreement, which was entered into March 2024. With the new arrangement, REC will finance an extensive array of infrastructure projects in the state.