REC foundation, the CSR arm of REC Limited has funded the setting up of a 2 MW solar power plant at IIM Tiruchirapalli. The inauguration of the power plant was held online through a digital platform. Chief Guest, Shri SK Gupta, CMD – REC Limited inaugurated the power plant in the presence of the Guest of Honour, Shri Ajoy Choudhury, Director (Finance) – REC Limited, along with Dr. S N Srinivas, CEO – REC Foundation and Dr. Bhimaraya Metri, Director – IIM Tiruchirapalli.
The main objective of this project is to be able to power the IIM Tiruchirapalli campus through clean and sustainable means. The event is yet another testament of REC’s focus and commitment to promoting environment sustainability through renewable energy projects and contributing to a greener and cleaner India.
About the Company:
REC Limited (formerly Rural Electrification Corporation Limited) is a Navratna NBFC and Infrastructure Finance Company (IFC) focusing on Power Sector Financing and Development across India. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities. Its business activities involve financing projects in the complete power sector value chain; different type of projects includes Generation, Transmission, Distribution Projects and Renewable Energy projects.
