REC Foundation Signs ₹1.20 Crore MoA with Lala Lajpat Rai Memorial Medical College to Strengthen Healthcare Access in Meerut
Dated 2026-05-21

New Delhi, May 21, 2026: Reinforcing its commitment towards making healthcare accessible to the last mile, the CSR arm of REC Limited, REC Foundation, signed a Memorandum of Agreement (MoA) with Lala Lajpat Rai Memorial Medical College on May 21, 2026, for providing doorstep primary healthcare services to deprived and underserved sections of society in Meerut district of Uttar Pradesh.

The signing ceremony was graced by Sh. Arun Govil, Hon’ble MP, and Sh. Ramesh Gupta, Principal, LLRM Medical College, along with senior officials of REC including Sh. TSC Bosh, Director (Projects); Sh. Rajesh Kumar, Director (Finance); Sh. Arun Kumar Tyagi, Executive Director (CSR); and Sh. Bhupesh Chandolia, HOD (CSR).

Under the agreement, REC Foundation has committed financial assistance of ₹1.20 crore towards the procurement and deployment of one Mobile Medical Unit (MMU), including its operational expenditure for a period of three years.

The Mobile Medical Unit will play a vital role in delivering essential healthcare services to remote and underserved communities, ensuring timely medical assistance for individuals who otherwise have limited access to healthcare facilities.

Through such focused CSR initiatives, REC Foundation continues to contribute towards inclusive development and strengthening healthcare infrastructure across the country.

About REC LIMITED

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.

REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has been designated as the nodal agency for certain States and Union Territories under the Revamped Distribution Sector Scheme (RDSS). Additionally, the Central Government has entrusted REC with the responsibility of implementing the PM Surya Ghar Muft Bijli Yojana.