REC Ltd 2023 Annual Report with Sustainability Disclosures
Company: REC Ltd
Sector: Finance & insurance
Country: India
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 204
The report presents REC Limited's FY 2022-23 performance, including consolidated revenue from operations of ₹39,478.26 crore and the company's transition-focused financing agenda. REC sanctioned ₹21,371.11 crore for 35 renewable energy projects and expanded into pumped storage, e-mobility and other clean-energy areas. It also reports a Board-approved ESG policy, a 979 kWp rooftop solar plant generating 13.19 lakh units, and more than ₹210 crore in CSR spending. The report includes a Business Responsibility & Sustainability Report and a voluntary IIRC-based Integrated Report.
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