REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with The Institution of Engineers (India) in Dehradun extending CSR support of Rs. 25 lakh for Renovating the Seminar Hall of the Institution of Engineers (India) in Dehradun, Uttarakhand. The project is aimed at facilitating easy student movement and providing better facilities to the 1300 plus engineers and diploma holders of Uttarakhand.
The agreement was signed on 8th May 2019 between Shri S N Srinivas, CEO, REC Foundation and Shri Aditya Kumar Dinkar, Chairman, Institution of Engineers, Uttrakhand in presence of Shri TSC Bosch, ED (CSR) and other officials of REC Foundation and Institution of Engineers (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.