Rural Electrification Corporation avails green loan of USD 200 mn from Deutsche Bank

New Delhi [India], July 11 (ANI): Rural Electrification Corporation (REC) a power financing PSU, has successfully availed a green loan of 31.96 Billion Japanese Yen (JPY) (equivalent to USD 200 million) from Deutsche Bank AG to finance eligible green projects in India.

The company stated that this green facility is a first of its kind successful collaboration between an Indian government entity and Deutsche Bank AG, GIFT