REC Limited Approves ₹1.6 Lakh Crore Borrowing Plan for FY27
REC Limited has announced that its board has approved a comprehensive market borrowing programme of up to ₹1,60,000 crore for the financial year 2026–27. The plan is aimed at supporting the company’s growing lending requirements, particularly in the power and infrastructure sectors.
The approved borrowing mix includes domestic bonds, external commercial borrowings (ECBs), and short-term loans, providing REC with diversified funding sources. This strategy is expected to enhance financial flexibility and ensure a steady flow of capital to meet increasing demand for project financing.
As a leading non-banking financial company (NBFC) focused on power sector financing, REC plays a critical role in funding generation, transmission, and distribution projects across India. The significant borrowing plan reflects the company’s confidence in sustained credit demand and its commitment to supporting the country’s infrastructure development.
The inclusion of overseas borrowings through ECBs also indicates REC’s intent to optimize funding costs by accessing global markets. Meanwhile, domestic bonds and short-term instruments will help maintain liquidity and manage working capital requirements efficiently.
The move aligns with the broader push toward expanding energy infrastructure, including renewable energy projects. With a strong pipeline and government backing, REC is well positioned to drive growth while maintaining a balanced and diversified funding profile in the coming fiscal year.