REC commits financial assistance of Rs. 23.52 Cr to SKUCT
REC Ltd. (Formerly Rural Electrification Corporation Limited), A Govt. of India Navratna PSU, committed financial assistance of Rs. 23.52 Crore through its CSR arm, REC Foundation to SKUCT for the following:
a) Construction of admin offices and hospital (27000 sqft) approx. below the Saraswati Plaza, near current GMVN building.
b) Infrastructural development like water supply network, storm water network, solid waste network, public address system, CCTV network system, 11KV HT cable, HT RMU, transformer, etc. in between Saraswati edge and Temple Street.
c) Restoration & conservation related civil works of Retas kund, Udak kund, Hans kund and developmental works like providing lighting systems, plumbing works, PA system, CCTV, infrastructure services etc. in/around kund.
The Memorandum of Agreement (MoA) in this regard was executed between REC Foundation and SKUCT in New Delhi on 06th July, 2020. Shri SN Srinivas, CEO, REC Foundation, on behalf of REC Foundation and Smt. Ila Giri, Additional Resident Commissioner, Govt. of Uttarakhand, on behalf of SKUCT signed the Memorandum of Agreement in the auspicious presence of Shri S.K. Gupta, CMD & Director Technical, REC Ltd., Shri Ajoy Choudhary, Director Finance, REC Ltd. and other officials of REC Foundation.