REC Wins ESG & Responsible Business Award at Net Green Foundation Earth Awards 2026
REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) and a leading Non-Banking Financial Company (NBFC) under the Ministry of Power, Government of India, has been conferred with the prestigious “ESG and Responsible Business Award” at the Net Green Foundation Earth Awards 2026. The award ceremony was held at UNESCO House in New Delhi, celebrating organizations that have demonstrated excellence in environmental, social, and governance (ESG) practices.
The award was presented by Sardar Manjinder Singh Sirsa, Hon’ble Minister of Industries, Food, Environment and Forest, Government of Delhi, along with Dr. Benno Boer, Chief of Natural Sciences at UNESCO. This recognition highlights REC Limited’s significant contribution to green energy financing and its steadfast commitment to fostering inclusive and sustainable development across the country.
This latest honour marks REC Limited’s fourth ESG-related accolade in 2026, further reinforcing its position as a leader in sustainable financing and responsible business practices. The achievement reflects the organization’s consistent efforts in aligning its operational and financial strategies with global sustainability goals and India’s climate commitments.
REC Limited has been playing a pivotal role in driving impactful initiatives across multiple areas, including green energy financing, ESG excellence, and inclusive growth. Its financing portfolio strongly supports renewable energy projects, helping accelerate India’s transition towards cleaner energy sources. By funding solar, wind, hydro, and emerging technologies, REC is actively contributing to reducing carbon emissions and building a low-carbon economy.
In addition to its environmental focus, REC Limited has also been instrumental in promoting social and economic inclusion. Its initiatives are designed to ensure equitable access to infrastructure and energy resources, particularly in underserved and remote regions. This holistic approach to development aligns with the broader vision of Indian Bureaucracy to create sustainable and inclusive growth frameworks.
REC’s commitment to ESG principles goes beyond financing. The organization integrates responsible governance practices, transparency, and accountability into its operations, ensuring long-term value creation for stakeholders. Its continued recognition at prestigious platforms underscores the effectiveness of its sustainability-driven approach.
REC Limited is a ‘Maharatna’ company operating under the administrative control of the Ministry of Power, Government of India. It is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC), Public Financial Institution (PFI), and Infrastructure Financing Company (IFC).
The company plays a crucial role in financing the entire power infrastructure sector, including generation, transmission, distribution, and renewable energy. It also supports emerging technologies such as electric vehicles, battery storage systems, pumped storage projects, green hydrogen, and green ammonia.
In recent years, REC Limited has diversified beyond the power sector into non-power infrastructure segments. These include roads and expressways, metro rail, airports, IT and communication, ports, and social infrastructure such as educational institutions and hospitals. Additionally, the company finances electro-mechanical works in sectors like steel and refineries.
With its strong focus on sustainability and innovation, REC Limited continues to power India’s energy transition while contributing to a greener, more inclusive future.