REC Limited Partners With UNISED To Support Education Of Children In Siddharthnagar, Uttar Pradesh

REC LimitedA leading Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading Non-Banking Finance Company has recently joined hands with. Unit for Science and Educational Development (UNISED) Promote educational initiatives Siddharthnagar district, Uttar Pradesh. Through its Corporate Social Responsibility arm, REC Foundation, REC has pledged significant financial assistance of Rs. ₹9.91 crore for the education of approximately 75,500 children in the district.

Signing of Memorandum of Agreement (MOA)

  • The collaboration between REC Foundation and UNISED was formalized through an MOA at a ceremony in New Delhi.
  • Mr. Bhupesh Chandolia (CSR Head at REC Foundation) and Ms. Rashmi Kumari (Assistant Program Director at UNISED) finalized the agreement, highlighting UNISED’s dedication to improving education for disadvantaged children.

Empowering education through innovation

  • UNISED will implement nationwide accreditation for educational innovation solar powered smart classroom and Joyful Learning Lab in Siddharthnagar district.
  • REC’s support for this initiative aims to improve educational infrastructure and opportunities in government schools.
  • The aim of this initiative is Provide students access to modern educational resourcesNurturing academic excellence and creativity.

REC Foundation’s continuing commitment to education

  • The collaboration highlights REC Foundation’s strong commitment towards promoting education and community empowerment.
  • REC Foundation showed support by contributing Rs. Rs 15 crore to Armed Forces Flag Day Fund, assistance to 12,500 children of ex-servicemen.

About REC Limited

  • REC Limited, a ‘Maharatna’ PSU under the Ministry of Power, operates as an RBI recognized NBFC and IFC.
  • The REC finances a broad spectrum of electricity-infrastructure, including generation, transmission, distribution, renewable energy and innovative areas such as electric vehicles, battery storage and green hydrogen projects.
  • REC’s portfolio spans emerging technologies such as pumped storage projects and green ammonia projects, reflecting its comprehensive approach to infrastructure financing.

Diversification into non-power infrastructure

  • REC has expanded beyond the power sector into non-power infrastructure, including roads and expressways, metro rail, airports, IT communications and more.
  • Its diverse portfolio includes social and commercial infrastructure, ports and electro-mechanical works in sectors such as steel and refineries.

Key strategic role in government schemes

  • REC Limited is a key player in implementing flagship schemes of the Government for the power sector.
  • As the nodal agency for schemes like Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya)Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), and National Electricity Fund (NEF) Scheme, REC have enhanced last-mile distribution, village electrification and household electrification.
  • REC has also been entrusted with the responsibility of nodal agency for this Revamped Distribution Sector Scheme (RDSS) In specific states and union territories.

REC Ltd partners with UNICEF to support children's education in Siddharthnagar, Uttar Pradesh_40.1

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