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23sbi

SBI takes loan of euros 100 mn to support SMEs

Mumbai, Jan 24  India’s largest bank, the State Bank of India (SBI) Friday said it has signed a loan agreement of 100 million euros with European Investment Bank (EIB), the European Union’s non-profit long-term lending institution. “The...
Roll-on Roll-off service of KR to complete 16 yrs on 26th Jan

Roll-on Roll-off service of KR to complete 16 yrs on 26th Jan

The unique and innovative Roll-on Roll-off service of Konkan Railway, being run by it on its route, will be completing 16 years of its successful operation on 26th January, 2015. The Roll-on Roll-off service has earned Konkan Railway ` 53.31 cr in 2014-15...
NLC revives 30-year-old bucket wheel excavator

NLC revives 30-year-old bucket wheel excavator

Neyveli Lignite Corporation Limited has successfully rejuvenated a Bucket Wheel Excavator which has been in service in Mine-I for the past 30 years. B. Surender Mohan, CMD NLC, commissioned the machinery at the Specialized Mining Equipment (SME) Erection...
mkgoel

M.K.Goel appointed as CMD, PFC

New Delhi Jan 23, 2014  Government of India has appointed M.K.Goel as Chairman and Managing Director, Power Finance Corporation Limited for a period of 5 years or till his superannuation, whichever is earlier. Shri M.K.Goel has assumed the charge of...
26konkan_railway

Special Train for Weekend Holiday

Good news for passengers !! It has been decided to run special train between Pune and Madgaon via Konkan Railway route to clear extra rush of passengers during the weekend holiday. Details are as under. Train No. 01409 / 01410 Pune – Madgaon – Pune...
NTPC Director Finance Awarded as Financial Pride of India

NTPC Director Finance Awarded as Financial Pride of India

Kulamani Biswal , Director ( Finance ) NTPC has been conferred with GSBA-Top Rankers Excellence Award 2015 – Financial Pride of India – in the Best Finance Professional Category at a gala function organized in New Delhi. The award has been given...
ONGC and IITs to collaborate for bolstering ‘Make in India‘ campaign in energy sector

ONGC and IITs to collaborate for bolstering ‘Make in India‘ campaign in energy sector

ONGC CMD Sh Dinesh K Sarraf (right) and IIT Kharagpur Director Sh Partha P Chakrabarti signing the MoC. Seen in the picture are Union Minister of HRD Smt Smriti Zubin Irani (3rd left), Minister of State (I/C) for P&NG Sh Dharmendra Pradhan (3rd right),...
18kudankulam_plant

Kudankulam n-plant restarts power generation

Chennai, Jan 19  Power generation at the Kudankulam Nuclear Power Project (KNPP) has restarted after the first unit’s reactor and turbine tripped Jan 14, said Power System Operation Corporation Ltd. (POSCO) Monday. According to POSCO, power generation...
NTPC Ladies Club Donates Mattresses for Night Shelters

NTPC Ladies Club Donates Mattresses for Night Shelters

New Delhi, Jan 17 : Under the leadership of Sharmila Roy Choudhury, Sanyukta Mahila Samiti, Saheli Club and Bal Bhawan Samiti, NOIDA donated 80 numbers of Foam Mattresses to Delhi Urban Shelter Improvement Board for distributing the mattresses in night...
27rbi

Overseas Indian banks increased credit portfolio in 2013-14: RBI

Chennai, Jan 17  Indian bank branches operating overseas increased its credit portfolio by 31.2 percent in 2013-14 whereas the credit by foreign banks in India declined 3.1 percent during the same period, the Reserve Bank of India (RBI) said. In a statement...
gail

APGDC, GDF SUEZ, Shell and GAIL sign MOUs

New Delhi, January 16, 2015 – Andhra Pradesh Gas Distribution Corporation (APGDC), GDF SUEZ, Shell and GAIL announced that they have signed two separate Memorandums of Understanding (MOUs) for a floating LNG terminal in Kakinada Deep Water Seaport in...
NTPC signs term loan of Rs. 10,000 crore with SBI

NTPC signs term loan of Rs. 10,000 crore with SBI

New Delhi, Jan 16 : NTPC , the largest power utility in the country has signed a term loan agreement for Rs. 10,000 crore with State Bank of India on January 15,2015. The loan has a door to door tenure of 15 years and will be utilized to part finance...
MoSP appreciates showcase of REC work at Vibrant Gujarat

MoSP appreciates showcase of REC work at Vibrant Gujarat

Piyush Goyal, Minister of State with Independent Charge for Power, Coal and New & Renewable Energy, Government of India appreciated the work showcased by REC, whose stall was set up in the power pavilion showcasing the achievements of the sector at...
31kudankulam_plant

Kudankulam, Vallur power units trip

Chennai, Jan 15  Power generation at the first 1,000 MW unit at Kudankulam Nuclear Power Project (KNPP) stopped Wednesday evening due to tripping, said Power System Operation Corporation Ltd. (POSCO) Thursday. According to POSCO, the first unit tripped...
bhel

BHEL bags Rs.12,020 crore contract in Karnataka

New Delhi, Jan 15  State-run electrical equipment behemoth Bharat Heavy Electricals Limited (BHEL) Thursday said it has bagged a project worth Rs.12,020 crore in Karnataka to set-up a Combined Cycle Power Plant (CCPP) on EPC (Engineering, Procurement...
POWERGRID has been conferred with prestigious “ICSI National Award

POWERGRID has been conferred with prestigious “ICSI National Award

New Delhi, Jan 15 : POWERGRID has been conferred with prestigious “ICSI National Award for Excellence in Corporate Governance” for 2014 by the Institute of Company Secretaries of India (ICSI) in recognition of the highest levels of transparency and...
Jet promoter pledges entire stake to PNB

Jet promoter pledges entire stake to PNB

Mumbai, Jan 14  Jet Airways Tuesday said that its promoter Naresh Goyal has pledged his entire 51 percent stake in the company to Punjab National Bank (PNB). According to a late evening regulatory filing at the Bombay Stock Exchange(BSE), the company...
24air_india

Air India eyes giant MRO facility at Nagpur to garner revenue

New Delhi, Jan 13 Air India is eyeing a Rs.1,000 crore ($161 million) maintenance repair and overhaul (MRO) opportunity in the country, which it intends to garner from its soon to be completed facility at Nagpur. To be handed over to the flag carrier...
REC conferred the IPSE Award 2014

REC conferred the IPSE Award 2014

New Delhi, Jan 13 : P J Thakkar, Director Technical, REC received the IPSE Award 2014 – – Rural Sector PSE of the year making Grass Root Infrastructure Impact from Yogendra Yadav, former Chairman & MD, NHPC Ltd. REC was recognized for outstanding...
REC conferred the CBIP Award for Best Power Financing Company

REC conferred the CBIP Award for Best Power Financing Company

New Delhi, Jan 13 : Rajeev Sharma, CMD REC received the CBIP Award – Best Power Financing Company from Prof. Sanwar Lal Jat Goyal, Minister of State for Water Resources, River Development and Ganga Rejuvenation REC was recognized for outstanding contribution...
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