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REC Limited Issues Japanese Yen Green Bonds Worth JPY 61.1 Billion.

Banking & Finance | Dated: 24 Jan 2026

State-owned REC Limited has successfully issued Japanese Yen (JPY) denominated Green Bonds aggregating to JPY 61.1 billion. This is the largest-ever Yen-denominated issuance by an Indian PSU. The proceeds will be used to finance eligible green projects under REC's Green Finance Framework.

🎯 Key Highlights:

  • The bonds were issued under REC's USD 10 billion Global Medium Term Note Programme.
  • REC is a Maharatna CPSE under the Ministry of Power.
  • Green bonds are debt securities designated to finance eco-friendly projects.

💡 Other Important Facts:

  • Entity: REC Limited.
  • Instrument: Green Bonds.
  • Currency: Japanese Yen.

📚 Test Your Knowledge:

Which Indian PSU recently issued its largest-ever Japanese Yen denominated Green Bonds?

Correct Answer: REC Limited

🚀 Quick Recap:

About REC Limited

  • CMD – Vivek Kumar Dewangan
  • Status – Maharatna