Why REC is confident of reaching net zero NPA by ‘25, AUM target before 2030

Why REC is confident of reaching net zero NPA by ‘25, AUM target before 2030

Ajoy Choudhury, Director (Finance), REC, says the power company has taken a three-pronged approach to eliminate NPAs. “Now we deal with only very strong, generally A-rated players. Secondly, we do not go without our revenue stream tied up in the projects. The third important step that we have taken is monitoring. Now we are engaging … Read more