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Loans Provided to Renewable Energy Sector by REC Limited Up 10% YoY in Q3 FY22

The company’s net profit also grew to the highest ever 23% YoY to ₹27.73 billion in Q3 2022

February 7, 2022

/ Harsh Shukla
/ Finance and M&A, Other
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REC Limited, a public infrastructure finance company involved in financing power projects, disbursed ₹4.7 billion (~$62.93 million) in loans to the renewable energy sector in the third quarter (Q3) of the financial year (FY) 2022.

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Harsh Shukla

More articles from Harsh Shukla.
distribution companiesIncomeloansprofitREC LimitedRenewable energy sector
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