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Public Sector
PFC inks MoU with IIT Bhubaneswar’s REP wing
Collaboration to build a framework for Research, Training, Capacity Building and Entrepreneurship in PFC operational fields
PFC and CEEW Forge Strategic Alliance to Propel Net-Zero Transition……….
PFC is the largest financer of the renewable energy sector in India.
RECPDCL hands over 5 SPVs for Interstate Power Transmission Projects
Gurugram: RECs wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), handed over five project specific SPVs (Special Purpose Vehicles), to successful bidders for Inter State Transmission Projects through…
PFC continues with Higher net worth and PAT in Q3/9M’24
CMD Parminder Kaur visualizes GOI's Suryodaya Yojana, as additional financing and lending opportunity for Clean Energy initiative
IMTECH celebrates 4 decades of microbial exploration journey
Director, Dr. Sanjeev Khosla, Director, welcomed the guests and apprised the audience with the SCIR-IMTECH achievements during the last 40 years
पेट्रोलियम और प्राकृतिक गैस नियामक बोर्ड अध्यक्ष ने चंडीगढ़ के प्रशासक एवं पंजाब के राज्यपाल पुरोहित…
चंडीगढ़ : डॉ. अनिल कुमार जैन, आईएएस, अध्यक्ष, पेट्रोलियम और प्राकृतिक गैस नियामक बोर्ड (पीएनजीआरबी) ने पिछले सप्ताह चंडीगढ़ में केंद्र शासित प्रदेश चंडीगढ़ के प्रशासक और पंजाब के राज्यपाल बनवारीलाल पुरोहित से मुलाकात की ।
पंजाब के…
REC receives Scope Excellence Award from VP Jagdeep Dhankhar
New Delhi: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has been honored with the prestigious Scope Excellence Award in the category of Special Institutional Category (Digitalization). The award was…
PFC receives Dual Honours at SCOPE Awards: Excellence and Meritorious Recognition
New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing…
REC wins ICAI Award for Excellence in Financial Reporting for FY’23
Raipur/Gurugram - REC Limited, a Maharatna PSU and a leading NBFC, has been awarded 'Plaque' under the 'Financial Services Sector (Other than Banking and Insurance)' category at the ICAI Awards for Excellence in Financial Reporting for the…
PFC & NEDO, Japan to promote energy efficient technologies for a sustainable future
GIFT City/New Delhi: Power Finance Corporation Ltd (PFC), India's leading financial institution in the power sector, is pleased to announce a strategic collaboration with New Energy and Industrial Technology Development
Organization…
ONGC starts crude production from KG basin
The project is expected to add 7% each to current national oil and natural gas production. For ONGC, it will augment its total oil and gas production by 11% and 15%, respectively.
India’s Largest NBFC company PFC to set up a finance subsidiary in IFSC, GIFT City, Gujarat.
GIFT City (Gujarat): Power Finance Corporation Ltd., (PFC), India's largest Non-Banking Financial Company (NBFC) and a Maharatna Central Public Sector Enterprise (CPSE), announced its plans to establish a wholly-owned subsidiary, a Finance…
REC Limited organizes a conference on financing for Roads & Highways
The company's loan book stood at Rs 4.54 Lakh Crore, at the end of Q1 FY'24.
GAIL signs 10-year LNG purchase deal with Vital
GAIL commands approximately 70% market share in gas transmission and holds a gas trading share of over 50% in India.
BIS (North) Showcases Pioneering Achievements and Plans in a Riveting Annual Press meet
BIS also trains and exhorts industries to adhere to international quality guidelines, enabling them to meet GATT regulations on Global trade
REC subsidiary signs MoU with Gujarat Govt. for Smart Metering project
REC has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social & Commercial Infrastructure
PFC signs MoU with Gujarat Govt. for Power Projects worth Rs. 25,000 Crore
Gandhinagar: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, signed an MoU with the Government of Gujarat (GoG) on January 3.
The MoU has been signed by Smt. Parminder Chopra,…
REC signs MoU with RVNL, to finance Infrastructure Projects
New Delhi: REC Limited , a power sector Maharatna enterprise has signed an MoU with RVNL to finance upto Rs. 35,000 Crore for Infrastructure Projects to be executed by RVNL over the next 5 years. These projects constitute multi…
LIC receives Rs 806 crore GST demand
The total tax demand includes Rs 365 crore as GST demand, Rs 404.8 crore as penalty and Rs 36 crore as interest.
PFC Bags SAFA Gold Award for Best Presented Accounts / Annual Report
Ghaziabad (Delhi): The Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and country’s leading NBFC in power sector has won the prestigious South Asian Federation of Accountants (SAFA) Gold Award in Best Presented Accounts / Annual…