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.


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