REC Celebrates its 52nd Foundation Day at its New Corporate Office at Gurugram, Haryana
Dated Jul 25 2021
On the occasion of 52nd foundation Day of REC Limited celebrated on 25th July 2021, the Hon'ble Cabinet Minister (Power, New & Renewable Energy) Shri R.K. Singh inaugurated the Corporation’s new State-of-the-art futuristic Corporate Office at Gurugram, Harayana, in the presence of Hon'ble Minister of State for Power and Heavy Industries Shri Krishan Pal Gurjar, Secretary (Power) Shri Alok Kumar, CMD - REC Limited Shri Sanjay Malhotra and key officials of the Ministry of Power and REC. REC’s new corporate office, spread over 4.2 acres, is a bioclimatic building boasting of a plaza and a 400-seat auditorium. It is a net-zero building powered by its own 1MW rooftop solar plant, and has been awarded by GRIHA summit (Green Rating for Integrated Habitat Assessment) for Integrated Water Management and Energy Management.
As part of the ongoing Azadi ka Amrit Mahotsav, to celebrate the 75th Anniversary of Indian Independence, the Hon’ble Ministers also released a report on Key Regulatory Parameters of Power Utilities. The report captures key regulatory information of DISCOMs apart from state-owned transmission and generation utilities. It will facilitate meaningful comparison of their performance and bring forth actionable insights for relevant power sector stakeholders, including policy makers and regulators. Benchmarking and comparative assessment of the key regulatory parameters will also provide a comprehensive overview of how the power utilities are faring and the corrective measures required to be undertaken.
The event also saw the release of a booklet on the Achievements of the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) scheme of the Government of India and a compendium on REC’s CSR initiatives by the dignitaries.
Speaking on the occasion, the Hon'ble Union Minister congratulated REC on its 52nd Foundation Day and said, “It has been a glorious journey which REC can be proud of…REC recently completed the task of connecting every village and hamlet in record time, and of transforming the power sector.”
The Hon'ble Minister of State for Power added, “Through its extensive network of 22 offices across India, REC has been doing the essential work of financing the development of the distribution, transmission, generation and renewable energy sectors. Under the DDUGJY scheme, the country has achieved 100% electrification of villages. It was a challenging task - electrifying 2.81 crore households in record time. REC deserves to be congratulated for it.” Talking about the report he commented, “The Report on Key Regulatory Parameters of Power Utilities released by REC is a unique initiative to provide a comprehensive collection of performance parameters for power utilities and insights for better decision-making.”
In his speech, the Secretary (Power) remarked, “REC is moving to a new building. This change should mark a new era for REC.”