India, April 29 -- While approving the annual standalone and consolidated financial results for the year ended March 31, 2026, REC Limited states that the Indian power sector is at the cusp of new vibrance owing to numerous initiatives taken by Government of India.

The legacy loss-making power distribution companies achieved a rare, collective overall net profit, marking a significant turnaround.

This improvement led to a stable environment, indicating improved quality of assets, resulting to reduction in risk premiums.

REC, as a responsible lender focused towards nation building, has proactively passed on such reduced risk premium to its borrowers by rationalising its yield on loan assets.

The continued focus on sustainable growth is...