REC Ltd
Dr. Manoj Manohar Pande is appointed as part-time non official (Independent) Director on the Board of REC Limited w.e.f. November 15, 2021.
He is currently working as a family physician and social worker in Yavatmal, Maharashtra, India. Dr. Pande completed his graduation in medicine and surgery from Amravati University, and subsequently trained in Naturopathy from the University of Delhi. He is also at the helm of two NGOs, dedicating his efforts for the betterment of the society, since the past 15 years.
Dr. Pande has been relentlessly working for the upliftment of the neglected and vagabond community and slum dwellers in the Vidarbha region of Maharashtra. He has helped in fostering the rehabilitation of a plethora of suicide hit farmer families. Under the aegis of his able leadership, hundreds of free medical checkup camps were conducted so as to address the ailments of downtrodden masses. Dr. Pande has also been a pioneer in providing educational amenities to students from underprivileged communities. His efforts have garnered critical acclaim in news articles and he has been felicitated for his untiring social work. He heralded the production and distribution of Aayush Kadha, a potent potion for COVID-19 warriors, which helped in curbing the wrath of the pandemic.
He is also an avid organic farmer and agriculturist, having resorted to innovative farming techniques that have yielded an increment in soil fertility and low cost farming practices.
Dr. Pande is an astute gentleman with a penchant for bringing about positive change in the society through his work.
As on the date of appointment, Dr. Manoj Manohar Pande was holding ‘Nil’ Equity Shares in the Company. Further, he has no inter-se relation with any other Director of the Company.
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REC Ltd
REC Limited, formerly Rural Electrification Corporation Limited, is engaged in other financial services and activities-other Credit granting. The Company provides finance to power sector. It finances and promotes rural electrification projects all over the country. It provides financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects as are sponsored by them. It provides loan assistance to state electricity boards (SEBs)/State Power Utilities for investments in rural electrification schemes through its corporate office located at New Delhi and over 20 field units, which are located in most of the states. It has sanctioned approximately 580 transmission and distribution schemes, which include primary power evacuation schemes associated with generating plants, system improvement schemes, including feeder segregation schemes, bulk loan schemes and intensive electrification schemes.