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Public Sector
PRS Delhi Conclave 2024 invokes Gandhi as a Skilled Communicator during Freedom Movement
Anuj Dayal averred that PR professionals be honoured with prestigious Padma by GOI, even urging for a movement to recognize the profession's contributions.
PFC Secures largest-ever forex term loan of US$ 1.265 billion
The floating rate loan with 5-Year tenure carries a comfortable rate of 4.21% p.a. and is in US$, EUR and JPR.
REC signs MoU with Rajasthan Govt. for Rs. 3 Lac Crore for Infra projects
Delhi: REC Limited, a Maharatna public sector unit under Ministry of Power and a leading NBFC, has signed MoU with Govt of Rajasthan, during the "Rising Rajasthan Investors meet" on Monday. As per MoU, REC will provide Rs. 50,000 Crore…
REC signs MoU with RE developers for ₹ 1.12 lakh crore during 4th RE-INVEST
Gandhinagar/Gurugram: REC Limited, a Maharatna CPSU and a leading NBFC, has recently signed Memorandum of Understanding during 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar with RE developers…
PFC pays final dividend of Rs. 462 crore to GOI for FY 2023-24
This is the highest-ever dividend paid by PFC in any Financial Year.
PFC honored by Pralhad Joshi for outstanding contribution to India’s RNE sector
New Delhi: Power Finance Corporation (PFC), A Maharatna and leading NBFC in Indian power sector received notable recognition from Pralhad Joshi, Union Minister of New and Renewable Energy at RE-INVEST 2024 for its outstanding…
REC wins ‘Nodal Agency of the Year’ award
New Delhi Power Sector Maharatna REC Limited has been conferred with the prestigious "Nodal Agency of the Year" award at the Bharat Electricity – Powering India Awards 2024. This recognition is a testament to REC's innovative initiatives…
PowerGrid Acquires Bhadla-III & Bikaner-III Transmission Limited under TBCB
The project is scheduled to be completed within 24 months as per terms of SPV and PowerGrid has a record for completing projects ahead of schedule
ONGC Videsh steps up efforts to recover dividends from Russia and Venezuela
NEW DELHI: ONGC Videsh Limited (OVL), the overseas arm of ONGC, on Friday said it has stepped up efforts to recover divideds stuck in Russia and Venezuela due to the US sanctions.
OVL announced that its proposal to the US for a waiver to…
RECPDCL Hands Over 2 SPVs, Khavda IV A Power Transmission to Adani Energy Solutions and…
The projects havev been scheduled for implementation in 24 months.
PFC Consulting Limited Declares Final Dividend for FY 2023-24
New Delhi: ‘PFC Consulting Limited’, (PFCCL) a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has announced its final dividend for the year ending March 2024. This was decided at the company’s 16th Annual…
PowerGrid Director-HR Yatindra Dwivedi Bestowed with CHRO PRIDE Award
Gurugram/New Delhi: Dr. Yatindra Dwivedi, Director (Personnel), Power Grid Corporation of India Limited has been conferred with CHRO PRIDE Award by the Top Rankers Management Club during their 24th National Management Summit – 2024 held at…
PowerGrid Corpn. Acquires Bhadla-III Power Transmission Limited
Gurugram: Power Grid Corporation of India Limited, a Maharatna CPSU under Ministry of Power has today acquired the Project Special Purpose Vehicle Bhadla-III Power Transmission Limited for establishing the transmission system associated…
REC to fund Rs 45,000 crore for JN Port’s expansion projects
MUMBAI: The Maharana public sector non-bank lender REC has signed an agreement with the Jawaharlal Nehru Port Authority (JNPA) to finance up to Rs 45,000 crore for the nation’s largest container port’s various upcoming projects, which…
REC signs MoU with JNPA for financing Rs. 45,000 Cr
New Delhi: REC Limited, Maharatna PSU and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing upto Rs. 45,000 Cr for various upcoming projects of JNPA, which includes development of Vadhavan Port, says a…
PowerGrid Corpn. Acquires Sirohi Transmission and Beawar-Mandsaur Transmission Project SPVs
Projects to be completed in 24 months
आरईसी लिमिटेड ने 55वीं वार्षिक आम बैठक आयोजित की; अपनी पहली सस्टेनेबिलिटी रिपोर्ट जारी की
निदेशक मंडल ने ग्लोबल रिपोर्टिंग इनिशिएटिव, यूनिवर्सल स्टैंडर्ड्स 2021 के साथ संरेखित आरईसी की पहली सस्टेनेबिलिटी रिपोर्ट जारी की
RECPDCL Hands Over 2 SPVs on Renewable Energy projects in Rajasthan by PGCIL
Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the Ministry of Power, handed over two project specific SPVs (Special Purpose Vehicles). namely, Rajasthan…
Penalty if CIL fails to supply coal to consumer
NEW DELHI: In a first such instance, state-owned Coal India Limited (CIL) will be liable to pay a penalty if it fails to supply coal to consumers through e-auction. Until now, only buyers faced penalties for not lifting the full quantity…
PFC Chief Inaugurates Research Anatomy Lab at IIT Madras as CSR Initiative
Chennai— Power sector Maharatna PFC Chairperson Smt. Parminder Chopra, inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras) on Tuesday.…