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REC commits financial assistance to impart vocational & skill training to 1800 women

Mar 4th, 2020 1:16 pm | By | Category: LATEST NEWS

Rec MOA signing with TCIT photo
REC Ltd. (Formerly Rural Electrification Corporation Limited), A Govt. of India Navratna Enterprise, committed financial assistance of Rs. 2.79 crore under its CSR initiative to Tata Community Initiatives Trust (TCIT) for imparting job-oriented skill development training to 1800 women belonging to EWS/SC/ST/ residing in Chandel, Manipur, Muzaffarpur, Uttarakhand, Bihar & Udham Singh Nagar through its CSR arm, REC Foundation.

The main objective of the project is to enhance the employability of poor and deprived youths through vocational and skill trainings. The Memorandum of Agreement (MoA) in this regard was executed between REC Foundation and TCIT in New Delhi on 2nd March, 2020.S N Srinivas, CEO, REC Foundation, on behalf of REC Foundation and Ms. Anita Rajan, CEO, TCIT, on behalf of TCIT signed the Memorandum of Agreement in the presence of Sanjeev Kumar Gupta, Director (Technical), REC Ltd., Ajoy Choudhury, ED (CSR), REC Ltd. and other officials of REC and TCIT.

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.

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