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REC Limited pledges to donate ₹ 150 Crore for PM-CARES fund

Mar 31st, 2020 2:52 pm | By | Category: LATEST NEWS

Ajeet Kumar Agarwal CMD and Director Finance, REC Ltd

Ajeet Kumar Agarwal
CMD and Director Finance, REC Ltd

REC Limited, a Navratna CPSE and the country’s leading financier of the power-sector projects under the administrative control of Ministry of Power has pledged to donate ₹ 150 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund to support India’s fight against coronavirus. Besides a one-time contribution of ₹ 150 crore to the newly-formed emergency fund, REC Limited’s employees will voluntarily contribute one day’s salary to the Prime Minister’s National Relief Fund (PMNRF) to aid the Government’s efforts to fight against the Corona Virus. REC is committed to participating in corporate India’s response to COVID-19 through funds, community welfare plans and through leveraging its expertise to offer assistance.

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