TheShri A.K. Jain, MD REIL handed over the Dividend payment of Rs.1.07 Crore to CMD, Instrumentation Ltd., Kota (Holding company) in the gracious presence of Hon’ble Minister of Heavy Industries & Public Enterprises, Shri Anant Geete and Shri Rajan S. Katoch, Secretary, Department of Heavy Industry. REIL maintained all-time high dividend payout continuously for last three years.
While acknowledging the work being done by REIL, significantly contributing to National missions, Shri Anant Geete, Hon’ble Minister of Heavy Industries & Public Enterprises emphasized that PSUs should work in synergy with “Make in India” mission of the Government and align their activities to make India a global manufacturing hub. He also mentioned that REIL should also focus on capacity building as country offers unlimited growth potential for the solar photovoltaic industry, to increase domestic value addition and technological depth in manufacturing.
Shri A.K. Jain, Managing Director, REIL, said that REIL has emerged as the largest off-grid SPV solution provider in the country while retaining its primacy in Dairy Sector. He mentioned that the Company has successfully executed the projects of national importance and is now focusing on diversification and deeper geographical reach through innovative solutions. He thanked the Ministry of Heavy Industry, Government of India and Government of Rajasthan for their support and guidance.