New Delhi: REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power, has been honored with the prestigious Sustainability Icons Award 2025 for its exemplary commitment to Environmental, Social, and Governance (ESG) initiatives. The award acknowledges REC’s leadership in integrating sustainability principles into its operations and its significant role in driving India’s transition toward a greener and more inclusive future.
Recognizing Excellence in ESG Practices
The award was presented by Mr Arjun Ram Meghwal, the Hon’ble Union Minister of State (Independent Charge) for Law & Justice, at a glittering function in New Delhi on September 27, 2025. Mr. Awanish Kumar Bharati, General Manager (Finance) at REC Ltd., accepted the award on behalf of the company.
A Testament to REC’s ESG Commitment
The Sustainability Icons Award 2025 is a prestigious recognition of REC Limited’s outstanding efforts in implementing and promoting environmentally responsible practices, social welfare initiatives, and good governance. These principles have become central to the company’s business strategy, ensuring long-term sustainable growth and contributing positively to the nation’s energy transition goals.
Through its green energy projects, community development programs, and transparent governance, REC has positioned itself as a key player in India’s sustainable development journey. This award is a testament to its vision of balancing economic progress with environmental preservation and social responsibility.
Mr. Awanish Kumar Bharati’s Acknowledgement
Upon receiving the award, Mr. Awanish Kumar Bharati expressed his gratitude and reaffirmed REC’s dedication to continuing its focus on sustainability. He highlighted that the company is committed to further strengthening its ESG frameworks, focusing on renewable energy solutions, social inclusivity, and transparent business practices to create a better future for all stakeholders.
REC’s Focus on Sustainability and Innovation
REC’s ESG efforts span a wide range of initiatives, including:
- Promotion of renewable energy through the financing of solar and wind projects.
- Community welfare programs that focus on education, healthcare, and livelihood generation.
- Implementation of energy efficiency measures and carbon footprint reduction strategies.
- Fostering a diverse, inclusive work culture and maintaining transparency in its corporate governance.
With a focus on innovation and leadership in sustainable practices, REC continues to play a key role in India’s transition to green energy while also ensuring that its growth benefits all sections of society.
Shaping India’s Sustainable Future
This recognition underscores REC’s dedication to the nation’s clean energy goals and its role in fostering sustainable development through its various ESG initiatives. The company’s work aligns with the government’s broader vision for a low-carbon economy and social equity in the energy sector.
About REC Limited
REC Limited is one of India’s leading Non-Banking Financial Companies (NBFCs) and plays a vital role in financing the country’s power sector infrastructure. With its upgraded Maharatna status, REC continues to spearhead financial and operational reforms, combining legacy expertise with forward-thinking digital strategies.