#Dr P V Ramesh CMD REC

[sarkarimirror]

REC extends CSR support of Rs. 3.50 crore to HelpAge India

Rural Electrification Corporation Limited (REC), A Govt. of India Navratna Enterprise, committed financial assistance of Rs.3.50 crore to HelpAge India under its CSR initiative. The financial support will be utilized for the construction and operation of elderly shelter home with wellness facility (60 seater). The project is being undertaken at Shey village, Leh- Ladakh, Jammu & Kashmir through the CSR arm of the corporation i.e. REC Foundation. The main objective of the project is to envisage an integrated cluster of facilities such as comprehensive and modular elder friendly shelter services, day care and leisure facilities (including dementia day care) and geriatric health care services. The Memorandum of Agreement (MoA) in this regard was executed between REC Foundation and HelpAge India in New Delhi on 15th November 2017. Shri P V Ramesh, CMD, on behalf of REC Foundation and Shri Mathew Cherian, CEO, HelpAge India signed the MoA in the presence of other senior officials of REC and HelpAge India. Read the full article

[sarkarimirror]

REC signs loan agreement of Rs. 10,453 crore with Tangedco

REC signed a loan agreement of Rs.10,453 crore with TANGEDCO for setting up of TANGEDCO’s Udangudi Stage-I, 2×660 MW Coal based Supercritical Thermal Power Project in Tuticorin District of Tamil Nadu. The loan assistance from REC will not only improve the power infrastructure of the state utilities but will also improve their financial and operational performance. The signing ceremony witnessed the presence of Hon’ble Electricity, Prohibition and Excise Minister of Tamil Nadu, Shri P Thangamani, Dr. P V Ramesh, CMD, REC, Shri Vikram Kapur, Principal Secretary(Energy), Shri S Shanmugam MD, TANTRANSCO and Dr. M Sai Kumar, CMD, TANGEDCO along with other officials from REC, Ministry and TANGEDCO. Read the full article