REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with Christian Medical College, Vellore extending CSR support of Rs.10 crore on Program for control of Sickle cell diseases and Thalassemia in 15 districts of Odisha. The project is aimed at reducing the burden of disease due to major hemoglobin disorder in the people, increasing awareness on Major Hemoglobin Diseases (MHD), its genetic transmission and options for preventing. The program will also provide training to healthcare workers namely doctors, laboratory technicians, ANMs, ASHAs and their supervisors for improving diagnosis, treatment and counseling of MHD. In two years’ time, it aims to cover 15 to 20 lakh persons.
The agreement was signed on 29th November 2019 between Shri S N Srinivas, CEO, REC Foundation and Dr. J V Peter, Director, CMC, Vellore in presence of Shri Ajeet Kumar Agarwal, CMD, REC and Shri Ajoy Choudhury, ED Finance & CSR, REC Limited.
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.