Rishikesh, 14-12-2024: In a significant step towards transforming the landscape of sports development in India, THDC India Limited, a leading power generation Public Sector Undertaking (PSU), and REC Limited signed a Memorandum of Understanding (MoU) for financial collaboration of ₹4 crore to develop an Olympic-size pool at Koteshwar High-Performance Water Sports Academy, Uttarakhand. This significant collaboration underscores THDCIL’s commitment to promoting world-class sports infrastructure in India. The MoU was signed in the esteemed presence of Sh. Vivek Kumar Dewangan, CMD, REC, Sh. Shallinder Singh, Director (Personnel), THDCIL and Sh. Harsh Baweja, Director (Finance), REC
Shri R.K. Vishnoi, Chairman and Managing Director, THDC India Limited, conveyed his heartfelt wishes on the signing of this groundbreaking Memorandum of Understanding (MoU) with REC Limited. Sh. Vishnoi added that “through our CSR activities we are equally focused on contribution to the overall socio- economic development of the nation. The establishment of an Olympic-size pool at the Koteshwar High-Performance Water Sports Academy is the example of our dedication to nurturing athletic talent and promoting excellence in water sports.”
Shri Shallinder Singh, Director (Personnel), THDCIL, emphasized that the “This collaboration with REC is another step towards setting new benchmarks in Corporate Social Responsibility and community engagement. The Olympic-size pool aims to create world-class sports infrastructure that will not only cater to national talent but also prepare athletes for international-level competitions, CSR activities in sports play a key role in building infrastructure, improving training, and helping develop skills, which can boost community well-being and support athletes. Sh. Singh added that Power Sector PSUs have always worked collaboratively, contributing significantly to the overall socio-economic development of the country through their united efforts and commitment to nation-building.
The development of this state-of-the-art facility will not only strengthen the capabilities of the Koteshwar High-Performance Water Sports Academy but also position it as a hub for nurturing athletes in water sports. By creating such infrastructure, THDCIL aims to inspire future generations and foster a culture of sporting excellence in the region. Sh. Pradeep Fellows, Executive Director (CSR), REC and Sh. Amardeep, General Manager, THDCIL signed the MOU on the behalf of REC and THDCIL respectively.
