Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package

REC also announced it would raise ₹850 billion in funds over the next year

August 12, 2020

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REC Limited, formerly called the Rural Electrification Corporation Limited, reported that it had sanctioned over ₹300 billion (~$4 billion) to distribution companies (DISCOMs) in the country as of July 31, 2020.

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Nithin Thomas

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Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package

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