REC receives Adam Smith Awards ASIA 2024 for best funding solution

The Adam Smith Awards ASIA is regarded as a benchmark in Corporate Treasury and acknowledges organisations that exemplify innovation, efficiency, and strategic expertise in financial management

Published on:

15 Nov 2024, 2:12 pm

New Delhi: REC Limited has been honored with the Adam Smith Awards ASIA 2024 in the “Best Funding Solution” category.

The award has been presented at a ceremony held in Singapore by Sophie Jackson, Joint Publisher at Treasury Today Group. Hemant Kumar, Chief Compliance Officer, and Koshal Puri, Sr. General Manager (Finance) received the award on behalf of REC.

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The Adam Smith Awards ASIA is regarded as a benchmark in Corporate Treasury and acknowledges organizations that exemplify innovation, efficiency, and strategic expertise in financial management. The award highlights REC Limited’s commitment to implementing forward-thinking funding solutions that align with India’s sustainable development goals.

REC Q2 net profit grows 7% to Rs 4,037 crore; loan disbursement at Rs 47,303 crore

As a key enabler of India’s energy sector, REC continues to support the nation’s growth trajectory by providing financial assistance for vital projects in generation, transmission, and distribution.

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