+
REC, MP Govt Tie-up to Support Power Sector
POWER & RENEWABLE ENERGY

REC, MP Govt Tie-up to Support Power Sector

REC Limited, a Maharatna CPSE and a leading NBFC under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh at the Global Investors Summit 2025 in Bhopal. Under this agreement, REC has committed to providing financial support of Rs 210 billion over the next five years for the development of power sector infrastructure in the state.

The MoU was signed in the presence of Dr. Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh; Neeraj Mandloi, Additional Chief Secretary (Energy); Avinash Lawania, IAS, Managing Director, Madhya Pradesh Power Management Company Limited (MPPMCL); Pradeep Fellows, Executive Director, REC Limited; Shri Satyaban Sahu, Chief Project Manager (Bhopal), REC; and other senior officials from MPPMCL and REC Limited.

This MoU marks a significant step towards enhancing the power supply network in Madhya Pradesh and accelerating the state’s transition towards renewable energy. The investment will focus on strengthening transmission and distribution infrastructure, promoting sustainable energy solutions, and improving overall power reliability for industries, businesses, and households across the state.

REC Limited, a Maharatna CPSE and a leading NBFC under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh at the Global Investors Summit 2025 in Bhopal. Under this agreement, REC has committed to providing financial support of Rs 210 billion over the next five years for the development of power sector infrastructure in the state. The MoU was signed in the presence of Dr. Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh; Neeraj Mandloi, Additional Chief Secretary (Energy); Avinash Lawania, IAS, Managing Director, Madhya Pradesh Power Management Company Limited (MPPMCL); Pradeep Fellows, Executive Director, REC Limited; Shri Satyaban Sahu, Chief Project Manager (Bhopal), REC; and other senior officials from MPPMCL and REC Limited. This MoU marks a significant step towards enhancing the power supply network in Madhya Pradesh and accelerating the state’s transition towards renewable energy. The investment will focus on strengthening transmission and distribution infrastructure, promoting sustainable energy solutions, and improving overall power reliability for industries, businesses, and households across the state.

Related Stories

Gold Stories

Next Story
Real Estate

The Energy-Smart Buildings

Passive design is an integral part of energy-efficient architecture. Sophisticated building systems also contribute to this end. But what role do materials play in enhancing a building’s energy-efficiency?“Material selection is one of the earliest opportunities to influence how a building performs,” says Tejbeer Singh, Principal Architect & Founder, Expressionist by Tejbeer Singh. “The objective is not simply to select materials that look appropriate but to understand how they behave within the climate and construction system.”To read the full article Click Here ..

Next Story
Infrastructure Transport

When the Lowest Bid Comes at a Cost

India's infrastructure sector is building at a scale few markets can match. New highways, expressways, metros, bridges and complex engineering projects are transforming the country's landscape. Yet, behind this rapid expansion is a growing concern within the contracting community: Can infrastructure be delivered sustainably when competition pushes prices below commercially viable levels?For Praveen Sethia, Founder & Director, Infra Advisors, who moderated the discussion, the question goes beyond the contractor's commercial interests. Contractors may be one of the two parties to a contract,..

Next Story
Real Estate

Ultra-Luxury Projects Reshape Gurugram’s Housing Market

Gurugram’s luxury housing market has expanded beyond its traditional prime locations, with corridors such as Dwarka Expressway and Golf Course Extension Road emerging as key centres for premium residential development. Larger homes, integrated developments and amenity-led communities are attracting demand from end-users and investors.A 2025 report by Sotheby’s International Realty in collaboration with CRE Matrix identified Gurugram as India’s fastest-growing ultra-luxury housing market. The city overtook Mumbai in total sales value for homes priced above Rs 10 crore, recording nearly Rs..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code