New Delhi: REC Limited has signed a Memorandum of Agreement (MOA) with THDC India Limited under its Corporate Social Responsibility (CSR) initiative. REC has committed financial assistance of Rs 3.97 crore for the development of an olympic-size swimming pool at the THDC Water Sports High Performance Academy of Canoeing & Kayaking in Koteshwar, Tehri (Uttarakhand).
The agreement has been signed on Friday between REC Limited's Executive Director (CSR) Pradeep Fellows and THDC General Manager and President of SEWA THDC Amardeep. The ceremony took place in the presence of REC Limited's Chairman and Managing Director (CMD) Vivek Kumar Dewangan; Director (Finance) Harsh Baweja and THDC Director (Personnel) Shallinder Singh.
The upcoming swimming pool facility aims to nurture and train national-level athletes for international competitions in canoeing and kayaking, contributing to India’s recognition in water sports globally.
This initiative aligns with REC’s commitment to fostering sports development in India and empowering athletes to achieve excellence on international platforms.
This collaboration marks a significant step in REC’s ongoing efforts to enhance sports infrastructure in India, ensuring the holistic development of sports talent. Through its CSR initiatives, REC continues to support nationally recognised sports and pave the way for Indian athletes to achieve global accolades.
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. 1,300 crore disbursed in CSR funds, REC's cumulative commitment to CSR activities exceeds Rs 2,000 crore.
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