REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited has requested proposals from technical consultants to provide project management consultation services for the installation of solar photovoltaic plants across India for two years.The scope of work comprises project management services as well as the submission of a technical feasibility report and a thorough project report.
The bids requested for two project size categories. Category A includes projects up to 10 MW, with a minimum 1 MW floating solar and Category B includes projects greater than 10 MW and up to 50 MW, with a minimum 5 MW floating solar.
In May 2023, REC Limited undertook an exclusive listing of its recently issued green bonds of $750 million raised under its Global Medium Term Programme of $ 7 billion at GIFT IFSC Stock Exchanges in a primary listing ceremony held at GIFT IFSC, Gandhinagar. This is the largest ever tranche conducted by an Indian NBFC and is a first green bond issuance by an Indian company post India’s G20 Presidency.