Convener News Desk

New Delhi, Dec 12: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has successfully completed post-issuance assurance for its Green Bonds worth USD 500 million (ECB 74) issued in September 2024 and JPY 61.10 billion (ECB 66) issued in January 2024 — under its Green Finance Framework.

The independent verification, conducted in accordance with the International Capital Market Association (ICMA)’s Green Bond Principles confirmed that the entire net proceeds from both the issuances have been fully allocated to eligible projects consistent with REC’s Green Finance Framework.

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