REC Limited secures JPY 31.96 billion green loan from Deutsche Bank

REC Limited has availed a green loan of JPY 31.96 billion to finance eligible green projects in India. This green facility is a first of its kind collaboration between an Indian government entity and Deutsche Bank AG, GIFT City branch. This facility sets a benchmark in the Indian public sector landscape for similar green financing transactions, highlighting a growing commitment to sustainable financing. The facility also marks one of the first JPY-denominated green loan transaction for Deutsche Bank AG, GIFT City.