26-Aug-2024
Power
” New Delhi : In a significant Corporate Social Responsibility (CSR) initiative, REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has committed Rs.15 crore to provide free medical treatment and surgery for approximately 1,000 children born with congenital heart disease from economically weaker sections of society.” : Sarkaritel.com
” New Delhi : REC Limited, Maharatna PSU under Ministry of Power 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.” : Sarkaritel.com
REC to lend up to ?45,000 cr for infra development to JNPA
New Delhi : State-run REC Ltd signed a memorandum of understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) on August 24 for financing upto ?45,000 crore for various upcoming projects, including the development of a port at Vadhavan in Maharashtra. : Mint
PFC aims to fund Rs.210 Bn for Vadhavan Port Development
New Delhi : Power Finance Corporation (PFC) has committed Rs. 210 billion to finance the Vadhavan Port project in Maharashtra, representing a substantial investment in the country’s maritime infrastructure. : psuconnect.in
REC to provide Rs 45,000 cr finance to JNPA
New Delhi : State-owned REC Ltd on Sunday said it has inked an initial pact to provide up to Rs 45,000 crore financing to various Jawaharlal Nehru Port Authority (JNPA) projects. : Economic Times
REC to provide Rs 45,000 cr finance to JNPA
New Delhi : State-owned REC Ltd on Sunday said it has inked an initial pact to provide up to Rs 45,000 crore financing to various Jawaharlal Nehru Port Authority (JNPA) projects. : Moneycontrol.com
NTPC wins 6 Awards in US based Brandon Hall Group HCM Excellence Awards 2024
New Delhi : The US based Brandon Hall Group announced the Winners of the coveted 2024 HCM (Human Capital Management) Excellence Awards® in an online broadcast held on 22nd August, 2024. : psuconnect.in
Power Grid gets approves to raise borrowing limit to Rs 15,000 crore
New Delhi : State-owned Power Grid Corporation announced that it has obtained shareholders’ approval to increase the borrowing limit to Rs 15,000 crore for the FY24-25 during its annual general meeting held on Thursday. : psuconnect.in
REC commits Rs 15 cr for treatment of children with congenital heart disease
Gurgoan, Haryana : In a significant Corporate Social Responsibility (CSR) initiative, REC Limited has committed Rs 15 crore to provide free medical treatment and surgery for approximately 1,000 children born with congenital heart disease from economically weaker sections of society. : indianmandarins
Govt drafts guidelines allowing PSUs to compete in power transmission projects
New Delhi : Govt drafts guidelines allowing PSUs to compete in power transmission projects. : Economic Times
PFC Consulting Ltd subsidiaries transferred to PGCIL as successful bidder
New Delhi : The Board of Power Finance Corporation has approved the transfer of Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited (wholly owned subsidiaries of PFC Consulting Limited) (a wholly owned subsidiary of Power Finance Corporation Limited). : psuconnect.in
Plan to deploy 40-50 small modular nuclear reactors: Tata Consulting Engineers CEO Amit Sharma
New Delhi : India aims to deploy 40-50 small modular nuclear reactors, mostly to replace captive thermal power plants, as it aims to achieve the goal of net-zero emissions by 2070. : Economic Times
REC signs MoU with JNPA for financing Rs. 45,000 Cr
New Delhi : REC Limited, Maharatna PSU under Ministry of Power 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. : globalgreenews.com
IREDA’s 17th Stakeholders’ Meet: CMD Outlines Commitment to Maintain Asset Quality
New Delhi : Indian Renewable Energy Development Agency Ltd. (IREDA) conducted its 17th Stakeholders’ Interaction Meet yesterday, fostering insightful discussions aimed at advancing the Renewable Energy sector. : psuconnect.in
REC signs MoU with JNPA for financing Rs 45,000 cr
New Delhi : REC Limited signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing up to Rs 45,000 cr for various upcoming projects of JNPA, which includes development of Vadhavan Port. : indianmandarins
REC inks pact with JNPA for financing projects up to Rs 45,000 crore
New Delhi : Rural Electrification Corporation (REC) Limited signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to finance various upcoming projects. : Business Standard
REC Limited commits Rs.15 Cr for free medical treatment of children
Gurgoan, Haryana : In a significant Corporate Social Responsibility (CSR) initiative, REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has committed Rs.15 crore to provide free medical treatment and surgery for approximately 1,000 children born with congenital heart disease from economically weaker sections of society. : psuconnect.in
REC commits Rs 15 crore for free medical treatment of children with congenital heart disease
New Delhi : In a significant corporate social responsibility (CSR) initiative, REC Limited has committed Rs.15 crore to provide free medical treatment and surgery for approximately 1,000 children born with congenital heart disease from economically weaker sections of society. : psuwatch.com
India’s silver imports to double on demand for solar, investment
New Delhi : India’s silver imports to double on demand for solar, investment. : Economic Times
REC Ltd commits Rs. 15 Cr for free medical treatment of children with Congenital Heart Disease for second consecutive year
Gurgoan, Haryana : In a significant Corporate Social Responsibility (CSR) initiative, REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has committed Rs.15 crore to provide free medical treatment and surgery for approximately 1,000 children born with congenital heart disease from economically weaker sections of society. : globalgreenews.com
Zelestra and NTPC Ltd signs PPA for 450-MWp Anboto Solar Project in India
New Delhi : Spanish renewable energy company Zelestra has secured a long-term power purchase agreement (PPA) for its 450-MWp Anboto solar project in Rajasthan. : psuconnect.in
Oil and Gas
ONGC opens well in KG field to raise oil production
New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) on Sunday said it has opened another well on its flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, which will help augment production of crude oil and natural gas. : Economic Times
Oil India Dividend: After 1:2 Bonus, PSU to pay dividend of Rs 3.75 per equity
New Delhi : State-owned Oil India Limited is all set to reward its shareholders with dividends. The PSU’s Board had earlier recommended issuing bonus shares in the ratio 1:2, which means eligible shareholders received one additional share for every two Oil India stocks held. : psuconnect.in
India’s ethanol blending rate to reach 14% in ESY24 despite sugarcane restrictions: Ind-Ra
New Delhi : India’s ethanol blending rate to reach 14% in ESY24 despite sugarcane restrictions: Ind-Ra. : Economic Times
Morgan Stanley cuts 2024 oil demand growth outlook on China factors
New Delhi : Morgan Stanley cuts 2024 oil demand growth outlook on China factors. : Economic Times
Green hydrogen surge: Andhra, Tamil Nadu, Gujarat to lead with 40GW battery & 90GW pump storage
New Delhi : Green hydrogen surge: Andhra, Tamil Nadu, Gujarat to lead with 40GW battery & 90GW pump storage. : Economic Times
Oil sits 2% higher from eight-month low after US Fed chair Jerome Powell greenlights rate cuts; Brent nears $80/bbl
New Delhi : International crude oil prices settled two per cent higher in the previous session after hitting an eight-month low level during the week after US Federal Reserve Chairman Jerome Powell indicated that the ‘time has come’ for the central bank to change its policy and cut interest rates, while addressing the Jackson Hole Symposium in Wyoming on August 23. : Mint
India ramped up Russia crude oil imports in June quarter: Govt data
New Delhi : India imported crude oil worth $14.7 billion from Russia in the June quarter (Q1), according to government data. : Business Standard
Oil climbs over 2 percent after Fed’s Powell indicates US rate cuts
New Delhi : Oil climbs over 2 percent after Fed’s Powell indicates US rate cuts. : Economic Times
US drillers cut oil and gas rigs for second week in a row – Baker Hughes
New Delhi : US drillers cut oil and gas rigs for second week in a row – Baker Hughes. : Economic Times
Russia oil trade kept global prices stable, says India
New Delhi : Ukraine President Volodymyr Zelenskyy’s comments on India’s crude oil trade with Russia may not have been in the right spirit, coming hours after his meeting with Prime Minister Narendra Modi in Kyiv during which New Delhi explained the market rationale for oil imports given its substantial requirements. : Economic Times
Oil giants keep rolling in fines: IOC, BPCL & others hit for missing board norms for fifth consecutive quarter
New Delhi : India’s leading oil firms, including Indian Oil, BPCL, and gas utility GAIL, have been penalized for the fifth consecutive quarter by stock exchanges BSE and NSE for failing to meet listing norms that mandate the inclusion of a specific number of independent and women directors on their boards for the April-June quarter of 2024. : Economic Times
Bid deadline for Sinnar Power extended by one month
New Delhi : The resolution professional (RP) for the 1,350 mw Sinnar Power has extended by a month the timeline for bidders to make a pitch for the distressed plant. : Economic Times
India defends crude oil trade with Russia, Jaishankar says, ‘decisions based on market conditions rather than…’
New Delhi : In response to recent comments from Ukrainian President Volodymyr Zelenskyy, India has defended its oil trade with Russia, emphasizing the role it plays in maintaining global energy market stability. : Mint
