International Solar Alliance gets $1 million USD from REC

REC finances projects in the power sector and has been focussing on increasing its renewable energy portfolio

GN Bureau | June 8, 2018


#PSU   #Sustainability   #World Environment Day  

 

Rural Electrification Corporation Ltd has extended financial assistance of $1 million USD to the International Solar Alliance (ISA) on the occasion of World Environment Day 2018.

P V Ramesh, chairman and managing director of REC, handed over the cheque to interim director general of ISA, Upendra Tripathy in the presence of the power minister R K Singh.

Ramesh said, “REC is extremely proud to partner with ISA and promote sustainability through global collaboration, especially with India hosting the World Environment Day this year”. REC finances projects throughout the power sector value chain and has been focussing on increasing its renewable energy portfolio as well as venturing into the e-vehicle and storage infrastructure.


Comments

 

Other News

Union Budget: New tax regime made more attractive

Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by finance minister Nirmala Sitharaman while presenting the Union Budget 2024-25 in Parliament on Tuesday. She proposed to increase the standard deduction for

All you want to know about Union Budget, in one place

SUMMARY OF THE UNION BUDGET 2024-2025 Key points INDIA’S INFLATION CONTINUES TO BE LOW, STABLE AND MOVING TOWARDS THE 4 PER CENT TARGET PM’S PACKAGE OF 5 SCHEMES AND INITIATIVES WITH AN OUTLAY OF  ₹ 2 L

Union Budget: A quick summary

Finance minister Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament on Tuesday. The highlights of the budget are as follows: Part-A Budget Estimates 2024-25:         T

India’s real GDP projected to grow 6.5–7% in 2024-25

India’s real GDP is projected to grow 6.5–7 per cent in 2024-25. The Indian economy recovered swiftly from the pandemic, with its real GDP in FY24 being 20 per cent higher than the pre-COVID, FY20 levels. This was stated in the Economic Survey 2023-24 presented in Parliament Monday by finance m

`Women welfare & empowerment budget tripled in 10 years`

As the Indian concept of welfare transforms into empowerment, India is transitioning from women’s development to women-led development, highlights the Economic Survey 2023-2024. Tabled in the Parliament on Monday by finance minister Nirmala Sitharaman, the Economic Survey 2023-2024 fo

Mofussils: Musings from the Margins

Provincials: Postcards from the Peripheries By Sumana Roy Aleph Book Company, 320 pages, Rs 899 Sumana Roy’s latest work, like its p

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter