In a remarkable recognition of its commitment to innovation and sustainability, REC Limited, a prominent public sector unit under the Ministry of Power, has secured the prestigious Innovative Technology Development Award at the ‘Building India 2047: Technology for Better Tomorrow’ summit hosted by
The accolade was bestowed upon REC Limited, a leading Non-Banking Financial Company (NBFC), in appreciation of its Corporate Social Responsibility (CSR) initiative – the installation of a cutting-edge 2 MW rooftop solar plant at the IIT Madras campus. This commendable project aligns with REC’s unwavering dedication to Sustainable Development Goals, aiming to produce approximately 3.15 million units of clean energy annually. This initiative serves as a pivotal step towards reducing the carbon footprint of the IIT Madras campus.
REC Limited’s laudable efforts in the realm of corporate social responsibility have earned the company numerous accolades, including the Global CSR Leadership Awards in 2023 and the PSE Excellence Award for CSR in the same year. As a prominent financial entity, REC plays a significant role in funding the entire power-infrastructure sector, encompassing Generation, Transmission, Distribution, Renewable Energy, and cutting-edge technologies such as Electric Vehicles, Battery Storage, Pumped Storage projects, Green Hydrogen, and Green Ammonia initiatives. The company has strategically positioned itself as a key player in developing crucial infrastructure assets in the country. REC has also served as the nodal agency for flagship initiatives like Pradhan Mantri Sahaj Bijli Har Ghar Yojana and Deen Dayal Upadhyaya Gram Jyoti Yojana.
This recent accolade underscores REC Limited’s dedication to fostering sustainable practices and leveraging innovative technology for a cleaner and greener tomorrow. The company’s pursuit of excellence in CSR initiatives continues to set benchmarks in the corporate landscape, emphasizing the pivotal role businesses play in driving positive social and environmental impact.
