REC Commits ₹8.44Cr Under CSR to support 1MW solar photovoltaic power plant in TN

Gurgaon: REC Limited, a Maharatna CPSE 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 according to a company press note.

The agreement was signed on Thursday, between Smt Thara Ramesh, CPM REC RO Chennai and Dr. L. Rathakrishnan, GRI in august presence of  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 plant.