Rural Electrification Corporation Limited (REC), A Govt. of India Navratna Enterprise, has agreed to extend a financial assistance of Rs. 1450.00 Lakhs under CSR initiative to Indian Institute of Technology Madras (IIT Madras), for the project ‘Installation of 2 MW rooftop solar panel (SPV) in the academic zone and hostel building’ at IIT Madras campus in Chennai, Tamil Nadu.
The Memorandum of Agreement (MoA) in this regard was executed today between REC and IIT Madras. Ms. S. Jayanthi, Chief Project Manager, REC and Prof Krishnan Balasubramanian, Dean, Industrial Consultancy and Sponsored Research (ICSR), IIT Madras signed the MoA in the presence of other senior officials of REC and IIT Madras including Prof. David Koilpillai, Dean Planning, IIT Madras and Prof R Nagarajan, Dean, International and Alumni Relations, IIT Madras, among others. Speaking about this CSR initiative, Jayanthi said, “We are interested in increasing the generation and consumption of renewable energy all over India. IIT Madras has great potential and expertise in this field and that is the reason we decided to support this particular project.” Read More…
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