New Delhi: REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading non-banking financial company (NBFC), has been conferred the prestigious ‘The Economic Times Infra Leadership Awards 2025’. The recognition celebrates REC’s outstanding contribution to infrastructure projects with green financing, specifically for the Mumbai Metro project and the 500 MW Solar Project in Anantapur.
Award Ceremony and Representation
The awards were presented at the second edition of The Economic Times Infra Leadership Summit and Awards, a premier platform recognizing leadership and innovation in India’s infrastructure sector. Mr. Kuldeep Rai, Executive Director, and Mr. Debasis Mitra, General Manager of REC Limited, received the accolades on behalf of the organization.
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Mumbai Metro: Benchmark in Low-Carbon Urban Transport
The Mumbai Metro project earned recognition for its contribution to sustainable urban mobility. The project sets a benchmark in low-carbon transport solutions, helping reduce urban pollution, easing traffic congestion, and enhancing commuter safety and convenience.
- Impact: Supports sustainable city development and aligns with India’s commitment to low-carbon urban infrastructure
- Significance: Demonstrates effective integration of green financing in large-scale urban transport projects
Anantapur 500 MW Solar Project: Advancing Renewable Energy
REC Limited was also honored for its role in the 500 MW Solar Project in Anantapur, a milestone achievement in renewable energy financing. This landmark project contributes significantly to India’s clean energy capacity expansion and supports national efforts to achieve climate action targets.
- Impact: Strengthens India’s renewable energy portfolio and promotes sustainable development
- Significance: Demonstrates the role of innovative financing in scaling up green energy projects
Recognition of Leadership and Commitment
These awards reaffirm REC Limited’s leadership in driving India’s clean energy transformation. The recognition highlights the company’s commitment to:
- Advancing low-carbon mobility and sustainable urban infrastructure
- Expanding renewable energy capacity
- Supporting green and resilient infrastructure projects aligned with national climate goals
Through innovative financing solutions, REC continues to strengthen projects of national significance, positioning itself as a key player in India’s journey toward Viksit Bharat 2047 and global sustainability objectives.
About REC Limited
REC Limited is a Maharatna Public Sector Enterprise under the Ministry of Power, specializing in financing power and infrastructure projects across India. With decades of experience, REC plays a pivotal role in supporting renewable energy, urban infrastructure, and sustainable development initiatives, contributing to India’s energy transition and environmental sustainability goals.
