REC Flags off Mobile Medical Units Funded in Punjab
06 Feb 2025
2 Min Read
CW Team
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, under its flagship CSR initiative Mobile Medical Units has committed Rs 42.9 million for the procurement and deployment of four Mobile Medical Units (MMUs) in 4 districts of Punjab. These units, handed over to the Indian Red Cross Society, Punjab, were flagged off by Hon鈥檅le Governor Shri Gulab Chand Kataria Ji at Punjab Raj Bhawan.
Serving as a lifeline for deprived communities, the MMUs will provide essential healthcare across four districts. REC Foundation continues to expand its CSR footprint, with various Mobile Medical units already operational across PAN India.
During the event, the Hon鈥檅le Governor of Punjab praised REC's initiative for bringing doorstep healthcare services to the deprived and other under privileged beneficiaries.
The flag-off ceremony at Raj Bhawan, Chandigarh, was attended by Shri K. Siva Prasad, Additional Chief Secretary to the Hon鈥檅le Governor, Shri V.P. Singh, Principal Secretary to the Hon鈥檅le Governor, Shri S. Dhillon, CEO of IRCS Punjab, and other senior state officials. Also present were Shri Pradeep Fellows, ED (CSR), REC and Shri M.A. Ali, Senior CPM, REC Panchkula.
REC Foundation has supported over 400 projects in healthcare, sanitation, clean water access, education and skill development, women empowerment, sports and environmental sustainability. With over Rs. 13 billion (bn) disbursed in CSR funds, REC's cumulative commitment to CSR activities exceeds Rs. 20 bn till now.
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, under its flagship CSR initiative Mobile Medical Units has committed Rs 42.9 million for the procurement and deployment of four Mobile Medical Units (MMUs) in 4 districts of Punjab. These units, handed over to the Indian Red Cross Society, Punjab, were flagged off by Hon鈥檅le Governor Shri Gulab Chand Kataria Ji at Punjab Raj Bhawan.Serving as a lifeline for deprived communities, the MMUs will provide essential healthcare across four districts. REC Foundation continues to expand its CSR footprint, with various Mobile Medical units already operational across PAN India.During the event, the Hon鈥檅le Governor of Punjab praised REC's initiative for bringing doorstep healthcare services to the deprived and other under privileged beneficiaries.The flag-off ceremony at Raj Bhawan, Chandigarh, was attended by Shri K. Siva Prasad, Additional Chief Secretary to the Hon鈥檅le Governor, Shri V.P. Singh, Principal Secretary to the Hon鈥檅le Governor, Shri S. Dhillon, CEO of IRCS Punjab, and other senior state officials. Also present were Shri Pradeep Fellows, ED (CSR), REC and Shri M.A. Ali, Senior CPM, REC Panchkula.REC Foundation has supported over 400 projects in healthcare, sanitation, clean water access, education and skill development, women empowerment, sports and environmental sustainability. With over Rs. 13 billion (bn) disbursed in CSR funds, REC's cumulative commitment to CSR activities exceeds Rs. 20 bn till now.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
