MOU
REC partners with CII for Skill Training and Employment of Underprivileged Youth from seven states
Under the project, youths from the states of Rajasthan, Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, NCR, Bihar, and Maharashtra will receive job oriented skill training
New Delhi: REC Limited has partnered with the Confederation of Indian Industry (CII) – One of the largest Industry Associations in India, to provide industry-aligned, job oriented skill training and employment to 1500 youths from the economically weaker section of the society under their corporate social responsibility (CSR) initiative. A Memorandum of Agreement (MOA) in this regard was signed between both the institutions represented by Mr. Srinivas Shroff Nagesha Rao – CEO, REC Foundation and Mr. Sougata Roy Choudhury – Executive Director, CII.
Under the project, youths from the states of Rajasthan, Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, NCR, Bihar, and Maharashtra will receive job oriented skill training as per industry requirements in sectors like Power; Information Technology & Information Technology Enabled Services (IT- ITes); Healthcare; Hospitality; Banking, Financial Services & Insurance (BFSI), Logistics and Beauty & Wellness. This initiative will create a win-win situation for the community as well as Industry.
About the Company:
REC Limited is a Navratna NBFC and Infrastructure Finance Company (IFC) focusing on Power Sector Financing and Development across India. It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its business activities involve financing projects in the complete power sector value chain; different type of projects includes Generation, Transmission, Distribution Projects, and Renewable Energy projects.
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