REC to provide 210,860 million financial assistances
POWER & RENEWABLE ENERGY

REC to provide 210,860 million financial assistances

State-owned REC Ltd will provide discoms in Madhya Pradesh, MP Power Management Company Ltd, and Rewa Ultra Mega Solar project with financial support totaling 210,860 million. To this end, REC has signed three different agreements with MP Power Management Company Limited (MPPMCL), Madhya Pradesh's discoms, and Rewa Ultra Mega Solar Ltd.

The Ministry of Power announced on Thursday that an MoU had been signed with MPPMCL to provide financial assistance totaling 150,860 million for the upcoming Sarani and Amarkantak thermal power projects as well as other system improvement works, technology upgradation, modernization, and other projects in Madhya Pradesh.

Rewa Ultra Mega Solar Ltd. and another party have also signed a contract under which the latter will contribute 10,000 million to the development of renewable energy projects, including green energy parks and projects, and/or related infrastructure, such as power evacuation.

The statement continued, "In addition, REC has pledged an additional amount of 50,000 million to MP discoms (power distribution companies) under a REC-World Bank programme, REC has pledged an additional 50,000 million to MP discoms (power distribution companies) to MP discoms (power distribution companies) MP discoms (power distribution companies) to support the distribution The Ministry of Power's REC (formerly known as the Rural Electrification Corporation Limited) offers financial support for initiatives in the development, generation, transmission, and distribution of electricity.

State-owned REC Ltd will provide discoms in Madhya Pradesh, MP Power Management Company Ltd, and Rewa Ultra Mega Solar project with financial support totaling 210,860 million. To this end, REC has signed three different agreements with MP Power Management Company Limited (MPPMCL), Madhya Pradesh's discoms, and Rewa Ultra Mega Solar Ltd. The Ministry of Power announced on Thursday that an MoU had been signed with MPPMCL to provide financial assistance totaling 150,860 million for the upcoming Sarani and Amarkantak thermal power projects as well as other system improvement works, technology upgradation, modernization, and other projects in Madhya Pradesh. Rewa Ultra Mega Solar Ltd. and another party have also signed a contract under which the latter will contribute 10,000 million to the development of renewable energy projects, including green energy parks and projects, and/or related infrastructure, such as power evacuation. The statement continued, In addition, REC has pledged an additional amount of 50,000 million to MP discoms (power distribution companies) under a REC-World Bank programme, REC has pledged an additional 50,000 million to MP discoms (power distribution companies) to MP discoms (power distribution companies) MP discoms (power distribution companies) to support the distribution The Ministry of Power's REC (formerly known as the Rural Electrification Corporation Limited) offers financial support for initiatives in the development, generation, transmission, and distribution of electricity.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?