REC honoured with Innovative Technology Development Award for Solar Plant installation

REC Limited, a public sector unit under the Ministry of Power has been conferred with the Innovative Technology Development Award at IIT Madras Summit. 

REC Limited is a leading NBFC, has been honoured with the Innovative Technology Development Award at the ‘ Building India 2047: Technology for Better Tomorrow, an IIT Madras Corporate Social Responsibility Summit. The award is conferred in recognition of REC's CSR initiative of installing 2 MW rooftop solar plant at IIT Madras campus. 

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The project aims to enhance a strong commitment towards Sustainable Development Goals, generating around 3.15 million units of clean energy every year, thus encouraging the campus to reduce its carbon footprint. 

The company is reputedly recognized for its corporate social responsibility activities with several prestigious awards, including the Global CSR Leadership Awards in 2023 and the PSE Excellence Award for CSR in 2023.

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REC finances the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pumped Storage projects, Green Hydrogen and Green Ammonia projects. 

The company is Significantly playing a strategic role in creating infrastructure assets in the country and has been the nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, etc.

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