REC’s USD 500M and JPY 61.10B Green Bonds Receive Independent Verification
REC successfully completes independent post-issuance verification for its USD 500M and JPY 61.10B green bonds, confirming 100% allocation to projects under its Green Finance Framework.
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December 2025, India – REC Limited, a leading public sector enterprise in the energy financing sector, has successfully completed the Post-Issuance Assurance for its landmark international green bond issuances: USD 500 Million and JPY 61.10 Billion.
The independent verification, conducted in accordance with the International Capital Market Association (ICMA)’s Green Bond Principles, confirmed that the entire net proceeds from both issuances have been allocated exclusively to projects that fully comply with REC’s rigorous Green Finance Framework.
This achievement underscores REC’s steadfast commitment to transparency and accountability in sustainable financing. By ensuring that its green bond proceeds are channeled into verifiable, environmentally responsible projects, REC continues to play a pivotal role in driving the global energy transition.
The successful assurance also reinforces investor confidence in REC’s green financing initiatives, reflecting the company’s dedication to promoting sustainable development while adhering to internationally recognized standards in green bond issuance and reporting.