REC has signed non-binding Memorandum of Understandings (MoUs) with RE developers aggregating about Rs 1.12 lakh crore which will be implemented over a period of 5 years. These MoUs cover projects based on Solar and Wind hybrid projects, Solar and Wind Round the Clock (RTC) project, Firm and Dispatchable RE (FDRE) power, Floating Solar Plants, Ultra Mega Renewable Energy park, Hydroelectric Power Project, Battery Energy Storage Systems (BESS), Pumped Storage, Hydropower, Green Ammonia/Hydrogen, Solar Cell/Module Manufacturing and other innovative technologies. Discussions are also underway for financing of Green Energy Corridors, Wind Turbine manufacturing, EV Ecosystem including associated charging infrastructure. Further, REC is also open to consider renewable projects by developers for the C&I segment having top rated offtakers.

REC has participated at the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) being held from September 16 to 18, 2024 at Gandhinagar, Gujarat. At the RE-INVEST 2024, REC has signed non-binding MoUs. 

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric cooperatives for rural electrification projects as are sponsored by them.