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> Hindi Magazine
REC Foundation signs MoA with Kaziranga, extends CSR grant of Rs 5.43 cr
Dated 2025-07-05
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REC to fund the installation of solar power plants and Reverse Osmosis drinking-water systems at anti-poaching camps throughout the park
REC Foundation, the CSR arm of REC Limited, a Maharatna CPSE under the Ministry of Power, has signed a Memorandum of Agreement (MoA) with the Kaziranga Tiger Conservation Foundation (KTCF) to support critical conservation initiatives in Kaziranga National Park & Tiger Reserve.
Under the agreement, REC Foundation will provide a CSR grant of ₹5.43 crore to fund the installation of solar power plants and Reverse Osmosis (RO) drinking-water systems at multiple anti-poaching camps throughout the park. The initiative will supply clean, reliable energy and safe drinking water to frontline forest personnel, reducing dependence on fossil-fuel generators and single-use plastic bottles, while lowering the park’s carbon footprint.
The MoA was formally signed by Ms. Sonali Ghosh, IFS, Field Director, Kaziranga National Park & Tiger Reserve and Chairperson, KTCF, and Shri Pradeep Fellows, Executive Director, REC Foundation, in the presence of Shri Jitendra Srivastava, Chairman & Managing Director, REC Limited.
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 also been made the nodal agency for certain States and Union Territories for the Revamped Distribution Sector Scheme (RDSS). REC has also been given the responsibility of PM Surya Ghar Muft Bijli Yojna from Central Government. The Loan Book of REC stands at ₹5.66 lakh crore, and Net Worth at ₹77,638 crores as on March 31, 2025.