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REC Inks MoU with MP Govt Committing Rs 21,000-cr in Power Sector

REC, a key NBFC under the Ministry of Power, has signed an MoU with the Government of Madhya Pradesh at the Global Investors Summit 2025.

The agreement entails a financial commitment of Rs 21,000 crore over five years to boost power infrastructure in the state. The MoU was formalized in the presence of Madhya Pradesh Chief Minister Dr. Mohan Yadav, Additional Chief Secretary (Energy) Neeraj Mandloi, Madhya Pradesh Power Management Company (MPPMCL) IAS, MD Avinash Lawania, and senior officials from REC and MPPMCL.

This investment aims to enhance transmission and distribution networks, promote renewable energy adoption, and improve power reliability for industries, businesses, and households. "This initiative will significantly strengthen Madhya Pradesh’s energy infrastructure and accelerate its clean energy transition," officials stated.

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