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REC Ltd holds 54th Annual General Meeting

By IndianMandarins- 06 Sep 2023
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rec-ltd-holds-54th-annual-general-meeting

Gurugram (08.09.2023): The 54th Annual General Meeting (AGM) of the REC Limited was held through Video Conferencing. Vivek Kumar Dewangan (IAS: 1993: MN), Chairman & Managing Director chaired the meeting and was attended by all the Directors on the Board of the Company.
Many shareholders were present at the meeting through Video Conferencing. The requisite quorum being present, the Chairman & Managing Director called the Meeting in order. The Chairman & Managing Director then delivered his speech.
Dewangan said, “REC is committed to increase its present loan portfolio of Green Projects to the extent of more than ten times by the year 2030 amounting to ₹3 lakh crore. REC has been known for its rural electrification efforts; now it would be known for its Renewable Energy (RE) focused initiatives including solar, wind, hybrid and e-mobility projects, as well as new areas like Green Hydrogen, Green Ammonia Projects, round the clock projects involving bundling of RE with thermal power and ethanol manufacturing.”

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