FY 2023-24

In FY 2023-24 REC Limited spent ₹247.31 crore on CSR against a 2% obligation of ₹249.86 crore; the largest area was PM CARES Fund (₹85 crore).

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹249.86 crore
• Spent in the year: ₹247.31 crore (projects ₹239.22 crore, admin overheads ₹7.96 crore, impact assessment ₹0.13 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess carried forward to set off in later years (balance at year end): ₹5.15 crore
• Environment spend: ₹21.18 crore

Spending by area

Area	Amount
Health care, sanitation, drinking water (i)	₹67.41 crore
Education, vocational and skill development (ii)	₹10.09 crore
Environmental sustainability (iv)	₹21.18 crore
Sports (vii)	₹21.83 crore
PM CARES Fund (viii)	₹85 crore
Others: rural development, armed forces welfare, incubators, disaster management (vi, ix, x, xii)	₹33.72 crore

Main programmes

• Contribution to PM CARES Fund: Rs 85.00 cr (two entries of 50.00 and 35.00)
• Clean Ganga Fund contribution: Rs 20.00 cr; Swachh Bharat Kosh: Rs 3.00 cr
• National Sports Development Fund (Ministry of Youth Affairs and Sports) for broad-basing of sports: Rs 21.00 cr
• Armed Forces Flag Day Fund education grants via Kendriya Sainik Board: Rs 13.50 cr
• Survey and repair of toilets built under Swachh Vidyalaya Abhiyan in UP, Bihar, Rajasthan, Telangana, MP (Bharat Sevashram Sangha): Rs 11.85 cr plus Rs 1.00 cr
• Healing Little Hearts (child congenital heart disease surgeries) with Sri Sathya Sai Trust: Rs 10.50 cr
• Kedarnath development works, Uttarakhand (Shri Kedarnath Utthan Charitable Trust): Rs 11.32 cr; 200-bed Vishram Sadan at SKMCH Muzaffarpur: Rs 6.52 cr; REC waiting lounge at AIIMS Delhi: Rs 5.93 cr
• Corpus contribution to Gujarat Foundation for Entrepreneurial Excellence incubators (Rs 20 cr over 3 years): Rs 6.66 cr this year; IIT Kanpur hostel towers with rooftop solar: Rs 4.00 cr

Trees and greening

• Procurement for plantation of 54 plants/trees by REC offices at state power utilities and urban parks, PAN India: Rs 0.25 cr
• Solar street lights: 1,650 in rural and tribal areas of Nashik Rs 0.64 cr; 500 in Bilaspur, Himachal Pradesh Rs 0.29 cr
• Farmer-centric integrated watershed management, Mahbubnagar (Telangana) and Anantapur (Andhra Pradesh) via ICRISAT: Rs 0.35 cr

States: Rajasthan, Uttar Pradesh, Karnataka, Nagaland, Bihar, Telangana, Madhya Pradesh, Assam, Jharkhand, Maharashtra, Chhattisgarh, Manipur, Delhi, Andhra Pradesh, Mizoram, Haryana, Kerala, Gujarat, Himachal Pradesh, Uttarakhand, Odisha, Punjab, Jammu and Kashmir.

Implementing agencies: REC Foundation, Government of India (PM CARES, Clean Ganga, Swachh Bharat Kosh), National Sports Development Fund, Kendriya Sainik Board, Bharat Sevashram Sangha, Sri Sathya Sai Health and Education Trust, Shri Kedarnath Utthan Charitable Trust, Gujarat Foundation for Entrepreneurial Excellence, IIT Kanpur, Doctors For You, ALIMCO, AIIMS New Delhi.

Source: S3 REC Limited Annual Report 2023-24 (55th), pages Annexure-VIII CSR report pdf pp.168-182; note 38.3 pdf p.245