REC looks to finance manufacturing, coal block development

REC looks to finance manufacturing, coal block development

State-run Rural Electrification Corp (REC) is looking at diversifying from power sector lending to financing equipment manufacturing, energy efficiency schemes, power plants renovation and coal blocks development, chairman PV Ramesh told ET in an exclusive interview. Ramesh said the company is even considering changing its name to suit its diversification plans. He said the company […]