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Public Sector
PowerGrid Signs MOU for Upgradation of Cremation Grounds under Shiv Dham Yojana
Haryana Govt's Shiv Dham Yojana will benefit 503 villages and 658 places across Kurukshetra, Panipat, Karnal, and Rewari districts
POWERGRID Acquires TBCB Route’s First HVDC Project, Khavda V A Power Transmission Limited
The 24,819 crore project is designed for augmenting Renewal Energy footprint in the state of Gujarat
Power Sector Maharatna REC receives Adam Smith Awards ASIA 2024 for Best Funding Solution
Singapore – REC Limited, the Maharatna PSU and a leading NBFC, has been honored with the Adam Smith Awards ASIA 2024 in the "Best Funding Solution" category, in Singapore today.
The award was presented at a ceremony held in Singapore…
B Vamsi Rama Mohan Assumes Charge as Director (Projects) PowerGrid Corpn
Gurugram: PowerGrid Teleservices CEO Burra Vamsi Rama Mohan has assumed the charge of Director (Projects) of PowerGrid Corporation of India Limited, a Maharatna CPSE under Ministry of Power, Government of India w.e.f. 13th November as per…
POWERGRID Acquires Four Major ISTS Projects to Strengthen Renewable Energy Integration
Gurugram: Power Grid Corporation of India Limited (POWERGRID) – a power sector Maharatna PSU has successfully acquired four Project Special Purpose Vehicles (SPVs) to execute Inter-State Transmission Projects related to transmission of…
PFC profits surge 14 percent in Q2FY’25, NPAs down below 1 percent in
New Delhi: Power sector Maharatna PFC delivers impressive financial results in 2nd Quarter of current financial year. The companies PAT has grown from Rs. 3,847 crores to Rs. 4,370 crores during the corresponding Quarter of last year,…
PFC Observes Vigilance Awareness Week 2024: A Commitment to Integrity and Accountability
New Delhi– PFC observed “Vigilance Awareness Week 2024 " from October 28 to November 3, 2024, emphasising its operations' core values of integrity, transparency, and accountability. The week commenced with Smt. Parminder Chopra, CMD, Smt.…
REC Declares Highest Ever 2nd Interim Dividend of ₹ 4.00 a Share
Achieves a total income: ₹26,633 crore vs. ₹22,571 crore, up 18%; Market cap at ₹1,46,011 crore vs. ₹75,678 crore, up 93%
Power sector Maharatna POWERGRID Celebrates its 35th Raising Day
Gurugram: Power Grid Corporation of India Limited (POWERGRID) – a Maharatna Central Public Sector Undertaking under the Ministry of Power, celebrated its 35th raising day across the country with great zeal and enthusiasm. Union Minister…
PFC and BEML ink an MoU to Enhance Collaboration in Infrastructure and Defence Sectors
New Delhi– Power Finance Corporation (PFC), a Maharatna Company in the Indian power sector, has signed a Memorandum of Understanding (MoU) with BEML Limited, a Schedule ‘A’ Public Sector Undertaking (PSU) under the Ministry of Defence.…
PFC Consulting Limited Signs MoU with Central Electricity Authority (CEA)
New Delhi: PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has entered into a Memorandum of Understanding with the Central Electricity Authority on October 14. Under this MoU, PFCCL and CEA…
आरईसीपीडीसीएल ने राजस्थान-IV एच-1 पावर ट्रांसमिशन, पावर ग्रिड कॉरपोरेशन ऑफ इंडिया को सौंपा
इस परियोजना को 24 महीने में क्रियान्वित करने का लक्ष्य रखा गया है
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