REC Wins SKOCH Award 2025 for Corporate Net Zero Transition
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and one of India’s leading non-banking financial companies (NBFCs), has been conferred with the Silver Award in the ‘Corporate Net Zero Transition’ category at the SKOCH Awards 2025. The recognition places REC among a select group of institutions demonstrating structured and credible progress towards climate responsibility and sustainability-led growth.
The award was received on behalf of REC Limited by Shri Awanish Kumar Bharati, General Manager (Finance), at a ceremony that brought together policymakers, industry leaders, and sustainability practitioners. The SKOCH Awards are widely regarded for their rigorous evaluation framework, focusing on governance, impact, scalability, and alignment with national priorities—making the recognition particularly significant.
This honour marks REC’s third ESG-related accolade in 2025, reflecting a year of consistent progress rather than a one-off achievement. It underscores the organisation’s sustained commitment to environmental stewardship, responsible governance, and embedding sustainability into its long-term business strategy. Over the years, REC has steadily strengthened its ESG architecture, ensuring that climate considerations are integrated across operations, lending decisions, and risk management processes.
The SKOCH Award acknowledges REC’s strategic initiatives and measurable outcomes in aligning its operational footprint and financing portfolio with India’s net-zero and climate transition goals. Rather than limiting its approach to policy intent, REC has focused on practical execution—backed by monitoring frameworks and disclosures that track environmental impact and transition performance. This has helped position the organisation as a credible participant in India’s broader climate action ecosystem.
REC Limited has also emerged as a key enabler of India’s clean energy ambitions, supporting a wide spectrum of projects in renewable energy, green infrastructure, energy efficiency, and sustainable power systems. Its financing support spans solar, wind, hydro, transmission upgrades, and emerging green technologies, contributing to the resilience and decarbonisation of the power sector. These efforts align closely with national priorities around energy security, climate resilience, and inclusive development.
As a leading NBFC in the power and infrastructure space, REC’s role extends beyond conventional lending. Through a robust ESG framework and responsible financing practices, the organisation continues to balance growth with accountability. Its approach reflects a gradual but deliberate shift—from being a capital provider to acting as a catalyst for long-term, systemic transformation in the energy and infrastructure landscape.
The Silver Award at SKOCH Awards 2025 also highlights the importance of institutional leadership in India’s climate transition journey. Public sector enterprises like REC play a critical role in crowding in private capital, setting benchmarks for governance, and ensuring that sustainability goals translate into on-ground impact. REC’s recognition serves as an example of how scale, policy alignment, and disciplined execution can work together to support national climate objectives.
According to coverage and sector insights reported by indianbureaucracy.com, REC’s recent ESG recognitions reflect a broader trend of public sector institutions strengthening their sustainability credentials while remaining commercially robust. Such developments feature prominently in Top Bureaucracy News, as government-linked enterprises increasingly align with global ESG standards.
As India accelerates towards its net-zero commitments, REC Limited’s measured and consistent approach to sustainability positions it well to contribute meaningfully to the transition. The SKOCH Award 2025 adds another milestone to this journey, reinforcing the organisation’s steady focus on responsible growth, climate alignment, and long-term value creation.