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Public Sector
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.…
REC Chairman VK Dewangan honored with ‘Distinguished Fellow’ Award 2024 by Institute of…
Gurugram : Vivek Kumar Dewangan, IAS, CMD, REC Limited was honoured with 'Distinguished Fellow' Award at the 2024 Director's Conclave & 34th IOD Annual Day. The Institute of Directors organized this event to recognize and honor the…
PFC Shines at ASSOCHAM 2024: Awarded for Outstanding Corporate Bond Market Performance
Mumbai: Power sector Maharatna PFC has won ASSOCHAM’s prestigious Corporate Bond Market 2024 Award in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on…
Power Sector Maharatna PFC Ltd. maintains strong growth, declares Rs. 3.25 Interim
New Delhi: "PFC’s sustained success is reflected in its ability to deliver value to shareholders. The company's strong performance has enabled it to declare an interim dividend of Rs. 3.25 per share in Q1’25, " said Power Sector…
आर.ई.सी. लिमिटेड, गुरुग्राम में विद्युत मंत्रालय एवं इसके नियंत्रणाधीन कार्यालयों का अखिल भारतीय…
गुरुग्राम: भारत सरकार के विद्युत मंत्रालय के तत्त्वावधान में शनिवार, अगस्त 03 को विद्युत मंत्रालय तथा इसके नियंत्रणाधीन कार्यालयों के राजभाषा अधिकारियों के अखिल भारतीय राजभाषा सम्मेलन का आयोजन किया गया। भारत सरकार के सूचना एवम्…
REC declares Highest Ever QR1 Profits at Rs. 3442 Cr and offers Interim Div Rs. 3.50 per share
Aided by growth in profits, the company's Net Worth has grown to ₹ 72,351 crores as on 30th June 2024, registering an increase of 19% YoY.
Doctor Aapke Dwar-initiative by India Red Cross gets REC funding
Gurugram: REC Limited, a Maharatna power sector enterprise and leading NBFC, has signed a MoA with the Indian Red Cross Society a financial commitment of Rs. 10 Cr for the procurement and deployment of nine Mobile Medical Units (MMUs) and…
श्री सत्य साईं संजीवनी अस्पताल में कार्डियक वार्ड का उद्घाटन- सरकारी उपक्रम आरईसी जीवन का उपहार
जन्मजात हृदय रोग के साथ पैदा हुए 1000 बच्चों के लिए जीवन रक्षक हृदय शल्यचिकित्सा पूरी होने की याद में बनाया गया
MSP covers just 6% of agri economy but eats up Rs 13.5 trillion, stifling rest of farm sector: SBI…
If the government procures all the MSP crops, the fiscal burden will be a whopping Rs 13.5 trillion of FY24 GDP, argues Soumyakanti Ghosh, the chief economic advisor at SBI