NHPC with JKSPDC incorporates a Joint Venture company “Ratle Hydroelectric Power Corporation Limited”

NHPC with JKSPDC incorporates a Joint Venture company “Ratle Hydroelectric Power Corporation Limited”

🕔20:27, 4.Jun 2021

Faridabad, 04.06.2021: NHPC limited, India’s premier hydropower company has formed a joint venture company, “Ratle Hydroelectric Power Corporation Limited” for the implementation of  850 MW Ratle Hydroelectric Project. The JVC has been incorporated on 01.06.2021 with NHPC and Jammu &

Read Full Article
Adani Electricity launches green tariff initiative to switch to renewable energy

Adani Electricity launches green tariff initiative to switch to renewable energy

🕔19:25, 4.Jun 2021

New Delhi, June 4  Enabling its consumers to achieve their targets and aspirations for renewable energy along with flexibility, power distribution utility Adani Electricity Mumbai Limited (AEML) is offering a green tariff initiative in the Mumbai suburban area. Under the

Read Full Article
RBI’s special credit window for hotels, saloons starts Monday

RBI’s special credit window for hotels, saloons starts Monday

🕔19:24, 4.Jun 2021

Mumbai, June 4  The on-tap liquidity window of contact-intensive sectors including travel and tourism, hotels, parlours and event organisers, announced by the Reserve Bank of India (RBI), will be operational from Monday. The facility will be open till March 31,

Read Full Article
Purchase of indigenous air defence guns, ammo worth Rs 6K cr cleared

Purchase of indigenous air defence guns, ammo worth Rs 6K cr cleared

🕔19:23, 4.Jun 2021

New Delhi, June 4  In a boost for the air defence system, the Defence Ministry on Friday approved the proposals concerning modernisation of its the Army’s air defence guns. The Defence Acquisition Council (DAC), in its meeting chaired by Defence

Read Full Article
NHPC to have the biggest Electric Vehicle Fleet amongst Central Public Sector Enterprises   (CPSEs) in India

NHPC to have the biggest Electric Vehicle Fleet amongst Central Public Sector Enterprises (CPSEs) in India

🕔19:18, 4.Jun 2021

Faridabad, 04.06.2021 In a significant step towards environment protection, NHPC Limited, India’s premier hydropower company has signed E-Mobility Agreements with Convergence Energy Services Limited (CESL) a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) for leasing of 25 nos of Electric

Read Full Article
View on RBI’s Monetary Policy dated 04.06.2021 by CH. S. S. Mallikarjuna Rao, MD & CEO, PNB

View on RBI’s Monetary Policy dated 04.06.2021 by CH. S. S. Mallikarjuna Rao, MD & CEO, PNB

🕔19:16, 4.Jun 2021

04.06.2021: The RBI has once again come out with proactive set of announcements to revive the economic growth amid surge in second wave of pandemic. The decision of keeping the repo rate unchanged along with maintenance of accommodative stance is

Read Full Article
REC’s subsidiary RECPDCL handed over two (2) SPVs of Transmission Projects to  M/s Power Grid Corporation of India Limited

REC’s subsidiary RECPDCL handed over two (2) SPVs of Transmission Projects to M/s Power Grid Corporation of India Limited

🕔19:13, 4.Jun 2021

REC Power Distribution Company Limited (RECPDCL), a wholly owned subsidiary of REC Limited under Ministry of Power, handed over two projects specific Special Purpose Vehicles (SPVs) ‘Fatehgarh Bhadla Transco Limited’ & ‘Sikar New Transmission Limited’ to M/s Power Grid Corporation

Read Full Article
RailTel Bags Rs. 119.74 Cr Order from BCCL

RailTel Bags Rs. 119.74 Cr Order from BCCL

🕔17:16, 4.Jun 2021

RailTel has bagged a Rs. 119.74 crore order from BCCL (Bharat Coking Coal Ltd.) for providing MPLS VPN Connectivity at 340 locations. RailTel is now providing secure connectivity for Coal India and all its Subsidiaries including CMPDI across the country.

Read Full Article
Doorstep diesel delivery picks up pace in Rajasthan

Doorstep diesel delivery picks up pace in Rajasthan

🕔17:14, 4.Jun 2021

Jaipur, June 4  Doorstep diesel delivery is a new revolution in the field of energy distribution in Rajasthan which is easing the lives of the end-consumers without the hassles of diesel procurement. Four fuel entrepreneurs are bringing change in the

Read Full Article
Visas of stranded foreign nationals valid till August 31: MHA

Visas of stranded foreign nationals valid till August 31: MHA

🕔17:12, 4.Jun 2021

New Delhi, June 4  The Ministry of Home Affairs (MHA) said on Friday that Indian visa or the stay stipulation period of foreign nationals stranded in the country due to the Covid-19 pandemic will be valid till August 31. Accordingly,

Read Full Article
Defence Ministry clears Navy’s mega deal for submarine procurement

Defence Ministry clears Navy’s mega deal for submarine procurement

🕔16:15, 4.Jun 2021

New Delhi, June 4  The Defence Acquisition Council (DAC) on Friday cleared the issuing of a Request For Proposal (RFP) for the Indian Navy’s mega deal to procure six submarines under Project-75I through a strategic partnership route worth over Rs

Read Full Article
Over 24 crore vaccine doses provided to states, UTs so far: Centre

Over 24 crore vaccine doses provided to states, UTs so far: Centre

🕔16:13, 4.Jun 2021

New Delhi, June 4  The central government on Friday said that more than 24 crore vaccine doses have been provided to the states and Union Territories so far. It also said that 1.93 crore Covid vaccine doses are still available

Read Full Article
PM chairs meeting of CSIR Society

PM chairs meeting of CSIR Society

🕔16:12, 4.Jun 2021

New Delhi, June 4  Prime Minister Narendra Modi on Friday chaired a meeting of the Council of Scientific and Industrial Research (CSIR) Society via video conference. Addressing the CSIR Society, Modi said: The coronavirus pandemic has emerged as the biggest

Read Full Article
RBI announces G-SAP2.0 worth Rs 1.2L cr for liquidity support

RBI announces G-SAP2.0 worth Rs 1.2L cr for liquidity support

🕔16:11, 4.Jun 2021

Mumbai, June 4 In a bid to infuse more liquidity in the market, the Reserve Bank of India (RBI) has announced undertake Government Securities Acquisition Program (G-SAP) 2.0 during the second quarter of FY22 and conduct secondary market purchase operations of

Read Full Article
RBI allows banks to provide liquidity support to Covid-affected sectors

RBI allows banks to provide liquidity support to Covid-affected sectors

🕔16:10, 4.Jun 2021

Mumbai, June 4  The Reserve Bank of India (RBI) has finally come to the rescue of the country’s travel and tourism, hospitality and aviation sectors, which were worst affected in the wake of the Covid-19 pandemic. The RBI has allowed

Read Full Article
RBI announces Rs 16K cr spl liquidity for SIDBI

RBI announces Rs 16K cr spl liquidity for SIDBI

🕔16:03, 4.Jun 2021

Mumbai, June 4  In a move to support small and medium businesses in their credit requirements, the Reserve Bank of India (RBI) has announced a special liquidity facility of Rs 16,000 crore for Small Industries Development Bank of India(SIDBI). This

Read Full Article
Oxygen Expresses cross 10000 MT of LMO delivery to the Southern States of country

Oxygen Expresses cross 10000 MT of LMO delivery to the Southern States of country

🕔15:54, 4.Jun 2021

Oxygen Expresses deliver more than 24840 MT of LMO to the Nation  359 Oxygen Expresses complete Oxygen deliveries across the country  Oxygen Expresses transported 1463 tankers of LMO so far and bring relief to 15 States  Fifth Oxygen Express to

Read Full Article
RBI provides flexibility to RRBs in liquidity mgmt. by issuing CDs

RBI provides flexibility to RRBs in liquidity mgmt. by issuing CDs

🕔12:51, 4.Jun 2021

Mumbai, June 4  To provide greater flexibility in raising short term funds by regional rural banks, the Reserve Bank of India (RBI) on Friday decided to permit RRBs to issue Certificates of Deposit (CDs). Regional Rural Banks are scheduled commercial

Read Full Article
RBI raises exposure limit under Resolution Framework2.0 to Rs 50cr

RBI raises exposure limit under Resolution Framework2.0 to Rs 50cr

🕔12:50, 4.Jun 2021

Mumbai, June 4  The Reserve Bank of India (RBI) has increased the exposure threshold to benefit under its Resolution Framework 2.0 to Rs 50 crore. The ‘Resolution Framework 2.0’ announced by RBI on May 5, 2021, so far had mandated

Read Full Article
RBI projects retail inflation for FY22 at 5.1%

RBI projects retail inflation for FY22 at 5.1%

🕔12:37, 4.Jun 2021

Mumbai, June 4  The Reserve Bank of India has projected India’s retail inflation for the current financial year at 5.1 per cent. For the first quarter, April-June, the retail inflation or the consumer price index (CPI) inflation has been estimated

Read Full Article