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REC loan sanctions grow 24% to Rs 1.12 lakh crore in Q1; Rs 40K cr for renewables – EQ

In Short : REC’s loan sanctions surged 24% to ₹1.12 lakh crore in Q1, with ₹40,000 crore allocated for renewable energy projects. This growth highlights REC’s focus on supporting India’s renewable energy sector and infrastructure development. In Detail : REC Ltd’s loan sanctions grew 24.17% to Rs 1.12 lakh crore in Q1 FY25, with Rs […]

Siemens Gamesa sells power electronics biz to ABB for undisclosed amount – EQ