PSUs

REC extends financial assistance of Rs 23 Crs to Shri Kedarnath Utthan Charitable Trust

By IndianMandarins- 07 Jul 2020
177

rec-extends-financial-assistance-of-rs-23-crs-to-shri-kedarnath-utthan-charitable-trust

The REC Ltd. (Formerly Rural Electrification Corporation Limited), a Govt. of India Navratna PSU, on Monday announced financial assistance of Rs. 23.52 Crore through its CSR arm, REC Foundation to Shri Kedarnath Utthan Charitable Trust  (SKUCT) for the following:

  • Construction of admin offices and hospital (27000 sqft) approx. below the Saraswati Plaza, near the current GMVN building.
  • Infrastructural development like water supply network, stormwater network, solid waste network, public address system, CCTV network system, 11KV HT cable, HT RMU, transformer, etc. in between Saraswati edge and Temple Street.
  • Restoration & conservation related civil works of Retas kund, Udak kund, Hans kund and developmental works like providing lighting systems, plumbing works, PA system, CCTV, infrastructure services etc. in/around kund.

The Memorandum of Agreement (MoA) in this regard was executed between REC Foundation and SKUCT in New Delhi on 06th July, 2020. SN Srinivas, CEO, REC Foundation and Mrs Ila Giri, Additional Resident Commissioner, Govt. of Uttarakhand, on behalf of SKUCT signed the Memorandum of Agreement in the presence of SK Gupta, CMD & Director Technical, REC Ltd., Ajoy Choudhary, Director Finance, REC Ltd. and other officials of REC Foundation.

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