Welcoming the distinguished gathering, REC Limited Chairman and Managing Director Jitendra Srivastava highlighted the organization’s historic evolution over the past 57 years. He detailed REC’s successful transformation from a dedicated rural electrification financing body into a premier national infrastructure financing institution. Credit was attributed to the collective efforts of employees, stakeholders, and partners, with Srivastava emphasizing that REC’s ongoing growth stems from its ability to adapt to shifting national priorities while remaining aligned with sustainable development goals.

A central focus of the celebration was the employee recognition ceremony, which honored outstanding individual performances across the organization. Those awarded the Employee of the Year title were acknowledged for their exceptional dedication, professionalism, and contributions to organizational growth. Management noted that the awards went beyond individual recognition, serving to reinforce a corporate culture anchored in teamwork, integrity, and operational excellence, while honoring the workforce as the company’s greatest strategic asset.

Having financed critical power generation, transmission, distribution, and rural electrification projects for over five decades, REC is now positioning itself for future clean energy transitions. As India’s energy landscape expands into renewables, green infrastructure, and digital advancements, REC continues to adapt its financial offerings to support sustainable development. The 57th Foundation Day closed with congratulations to all award recipients as the REC family renewed its commitment to powering the nation’s future.

A key milestone of the initiative was the flagging off of a 40-seater school bus on 19 June 2026 by Sh. Jitendra Srivastava, CMD, REC Ltd, in the presence of Joint Secretary, Transmission, Ministry of Power, GoI; Sh. Prince Dhawan, CEO, RECPDCL and distinguished key officials of the UT Administration of Ladakh and  Ladakh Autonomous Hill Development Council (LAHDC), Kargil.

By establishing safe, reliable, and consistent transportation, the newly deployed school bus aims to bridge geographical gaps for youth in the rugged terrain, bringing children closer to essential learning opportunities and a brighter academic future.

This infrastructure support underscores RECPDCL’s core mission to empower remote and underserved communities through sustainable, impactful development.

During the same high-profile event, Shri Jitendra Srivastava also participated in the official launch of the brand-new logo for the PM-Surya Ghar Muft Bijli Yojana. This new logo is set to serve as the official visual identity of the central scheme, which is dedicated to bringing clean solar energy into millions of Indian households. By scaling up eco-friendly installations across the country, the ongoing mission focuses on securing sustainable, cost-effective, and affordable electricity access for residents nationwide.

To hear more about the company’s strategic financial and execution vision for clean energy projects, you can watch this [Keynote Address by Jitendra Srivastava, CMD of REC Limited](https://www.youtube.com/watch?v=WJUdv2ZutlI) on YouTube.