Rs 25 crore fund for rehab, resettlement of disaster-hit people

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In view of the natural disaster that hit Uttarakhand State last year, Minister of State for Power(I/C), Government of India, instructed to constitute a fund of Rs 25 crore with contribution from Central Power Sector Undertakings for resettlement and rehabilitation of affected persons and rebuilding infrastructure.

On behalf of Rural Electrification Corporation limited (REC) PJ Thakkar, Director(Technical) handed over the cheque of Rs 2 crore to RST Sai, CMD, THDCIl at corporate office, Rishikesh

on Saturday. DV Singh, Director(Technical), Rakesh Khare, Chief GeneralManager (Technical),Hl Bharaj, GM(S&E), THDCIl along with RK Arora, GM(CP & CSR) and NK Maurya, AGM REC limited were present on the occasion.

It is to mention that earlier REC had entered in a MoU with THDCIl for financial assistance of Rs 4 crore under CSR initiatives for construction of girls hostel at THDC Institute of Hydropower Engineering & Technology at Tehri in Uttarakhand. Consequent upon this, members of Project, Implementation Committee Shailendra Singh, AGM, THDCIl & NK Maurya,AGM, REC gave approval for release of first installment of Rs 10 lakh REC to THDCIl. 

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