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Public Sector
ED Sandeep Kumar is elevated to Director (Finance) at PFC
New Delhi: The Govt. of India has appointed Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited (PFC), effective today, July 11. Mr. Kumar had been Executive Director (Finance) at PFC since January 01, 2020 and was…
REC avails Green Loan facility worth JPY 31.96 Billion from Deutsche Bank AG, at GIFT City Gujarat
Gurugram: REC Limited, a leader in the Indian power sector and MAHARATNA has successfully availed a green loan of JPY 31.96 Billion (USD 200 million) to finance eligible green projects in India. This strategic investment reinforces REC's…
ONGC to invest Rs 2L crore to achieve net-zero carbon emission by 2038
Another Rs 65,500 crore will be allocated by 2035, primarily for green hydrogen and green ammonia facilities.
Khadi and Village Industries Turnover Crosses Rs. 1.5 Lakh Crore, with 400 % increase in 10 yrs
Modi's Guarantee has taken Khadi sales to new heights: Chairman Manoj Kumar
NTPC board gives go-ahead for raising Rs 12,000 crore via NCDs
New Delhi; Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).
NTPC said in a regulatory…
Centre approves Rs 13,595 crore to evacuate green energy from Rajasthan, Karnataka
New Delhi: Central government has approved two new Inter State Transmission System (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka with an investment of Rs 13,595 crore, the Ministry of Power said on…
Government puts up 67 coal mines for auction across 8 states
Hyderabad: The Ministry of Coal on Friday put up 67 coal mines for auction across eight states, including Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, West Bengal and Telangana.
Union Minister of Coal and Mines,…
Coal Ministry going for major reforms to ensure responsible mining
New Delhi: The Ministry of Coal on Thursday announced that it has revised the framework of preparation of the Mining Plan, a pivotal step to regulate and advance India's coal mining sector, and issued draft guidelines for consultation.…
Cabinet gives nod to Rs 7,453 crore scheme for offshore wind energy projects
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7,453 crore, according to an official…
PFC Signs Agreement with Chenab Valley PPL for ₹1869.265 Cr Loan for Kiru HEP
Jammu: Chenab Valley Power Project Private Limited (CVPPPL), a Joint Venture of NHPC LTD (51%) and JKSPDC (49%) has signed an Agreement with Power Finance Corporation Limited, a Maharatna Central Public Sector Enterprise and leading NBFC…
BHEL bags Rs 3,500 crore order from Adani Power for Raipur TPP project
New Delhi: The Bharat Heavy Electricals Ltd (BHEL) said on Wednesday that it has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh.
"Bharat Heavy…
PF members can update or correct their profile data online: EPFO
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Saturday said that PF members can now request a change or rectification in their data online and upload the relevant prescribed documents.
The EPFO has operationalised a…
PM to join Bengal programs via video conferencing
New Delhi: Prime Minister Narendra Modi who was to visit West Bengal on Friday, will now join the scheduled programs via video conferencing.
The PMO made the announcement after the passing away of the Prime Minister's mother Heeraben in…
PFC awarded SAFA Gold Award for Best Accounts in Kathmandu
Kathmandu/New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has won the prestigious “South Asian Federation of Accountants” (SAFA) Gold Award in the ‘Best Presented…
Gadkari to inaugurate projects of Rs 40,453 crore in Kerala
Thiruvananthapuram: Union Minister of Road Transport and Highways Nitin Gadkari will inaugurate and lay the foundation stone of 12 National Highway development projects worth Rs 40,453 crore in Kerala on December 15.
The event will be held…
Nitin Gadkari inaugurates 2.8 km, 6-lane tunnel between Rewa-Siddhi
Rewa (MP): Union Road Transport and Highways Minister Nitin Gadkari inaugurated a 2.8 km long tunnel in Madhya Pradesh, on NH 39, built at a cost of about Rs. 1,600 Crores. It will reduce the travel distance between two towns by 7 km and…
PFC signs MoU with Power Ministry for FY ’23 with emphasis on renewable energy and infra dev.
New Delhi: Power Finance Corporation Limited – the Maharatna Central Public Sector Enterprise and the largest government owned NBFC has signed an MoU for FY 2022-23 with the Ministry of Power, earlier this week, in line with the DPE…
100 Gati Shakti Cargo Terminal to be developed till 2025
New Delhi: Under the Gati Shakti Cargo Terminal (GCT) Policy, it has been targeted to develop 100 GCTs in three years, Railways Minister Ashwini Vaishnaw said in a written reply to a question in Lok Sabha here on Wednesday.
As many as 22…
Gadkari congratulates NHAI & Maha Metro for Guinness record for ultra-tech highway
Mumbai: Union Minister for Road Transport and Highways Nitin Gadkari in a series of tweets conveyed his heartiest Congratulations to Team NHAI and Maha Metro on achieving the Guinness Book of World Record in Nagpur by constructing the…
Railways registers growth of 76 per cent in passenger segment
New Delhi: Indian Railways has registered a growth of 76 percent in passenger segment with total earnings of Rs 43324 crore from period April to November 2022 , as compared to Rs. 24631 Crore during the same period last year.
In a…