REC Inks ₹16,000 cr Deals for Road Projects with Key Infra Players
Anurag Jain, Secretary of the Ministry of Road Transport and Highways (MoRTH), highlighted the ministry's vision for sector development and ease of financing road projects. He expressed optimism about REC and MoRTH growing together through collaborative efforts.
Vivek Kumar Dewangan, CMD of REC, emphasized the company's loan portfolio and its vision for financing non-power infrastructure, with a specific focus on the road sector. He acknowledged the government's initiatives such as Bharatmala, Sagarmala, and the National Infrastructure Pipeline (NIP), which have set the stage for substantial expansion in the roads sector.