REC Ltd approves ₹1.20 lakh crore line of credit for public sector power companies implementing rooftop solar projects under Pradhanmantri Suryodaya Yojana. Company to be project implementation agency. Three segments covered: households, commercial/industrial, and government buildings. Government aims for 40 GW rooftop solar capacity. Ministry considering increased subsidy for consumer segment. REC Ltd also lends to thermal power and transmission projects to balance intermittency of renewable energy. Read The Rest at :
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