REC approves Rs 1.6 lakh crore borrowing plan for FY27
The board of REC Limited has approved a market borrowing programme of up to Rs 1.6 lakh crore for the financial year 2026-27 (FY27), the company said in a stock exchange filing. The programme includes long-term bonds and non-convertible debentures (NCDs), external commercial borrowings (ECBs) including foreign currency term loans, green bonds and ESG bonds, as well as short-term loans and commercial papers. REC has set a limit of up to Rs 1,00,000 crore for…