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REC Limited’s Loan Disbursements to Renewable Energy Companies Rises by 426% in 1H FY 2023

The company disbursed a total of ₹83.34 billion for renewable energy companies during the period

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REC Limited‘s consolidated net profit saw a marginal increase of 4% to ₹51.76 billion (~$628.57 million) in the first half (1H) of FY 2023, compared to ₹49.6 billion (~$602.34 million) in 1H FY 2022.

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