REC Limited Commits ₹8.44 Crore Under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu – EQ
In Short : REC Limited has pledged ₹8.44 crore under its CSR initiative to support the installation of a 1MW solar photovoltaic power plant at the Gandhigram Rural Institute in Tamil Nadu. This project aims to promote sustainable energy practices, reduce the institution’s carbon footprint, and enhance energy efficiency, contributing to the broader goal of renewable energy adoption in educational institutions.
In Detail : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the Gandhigram Rural Institute under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of ₹8.44Cr. for establishing 1MW multitechnology ground mounted, grid connected solar photovoltaic power plant for the benefit of students, research scholar at the Gandhigram Rural Institute (GRI), Dindigul, Tamil Nadu.
The project shall be implemented by the GRI in technical collaboration with BHEL.
The agreement was signed on 9th January 2025 between Smt Thara Ramesh, CPM REC RO Chennai and Dr. L. Rathakrishnan, GRI in august presence of Shri Narayanan Thirupathy, Independent Director, REC.
The establishment of this solar photovoltaic multi technology power plant will not only make the Institute self-reliant in terms of power but will also act as hub for research on use of latest state of the art technology in the terms of panels and inverters technologies in modern solar power plants.
