Corporate Kaleidoscope

RECPDCL, a wholly owned subsidiary of REC Ltd, has inked Implementation Contracts & Direct Debit Facility (DDF) Agreements with Advanced Metering Infrastructure Service Providers (AMISPs) IntelliSmart and Apraava Energy. This collaboration involves the deployment of 17.7 Lakh Smart Meters and 23.6 Lakh Smart Meters for Dakshin Gujarat Vij Company Ltd (DGVCL) and Paschim Gujarat Vij Company Ltd (PGVCL), respectively. The DDF arrangement enhances payment security for AMISPs, facilitating prompt payment of monthly charges directly from consumer billing collections. This initiative aligns with RECPDCL’s commitment to the RDSS scheme, aiming to enhance the quality, reliability & affordability of power supply while ensuring financial sustainability & operational efficiency in distribution sector.