(THE NEWSMAN OF INDIA.COM) Gurugram, 25 April 2024 – In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a SACE-Covered Green Loan for JPY 60.536 Billion to finance Eligible Green Projects in India. This strategic investment reinforces REC’s commitment to foster sustainable growth,
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(THE NEWSMAN OF INDIA.COM) Gurugram/Jammu, 24 April 2024: REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for financial assistance of ₹1869.265 Crore as Term Loan. The loan will be utilized for Development, Construction and Operation of Greenfield Kiru
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(THE NEWSMAN OF INDIA.COM) G Krishnakumar, Chairman & Managing Director, Bharat Petroleum Corporation Ltd accompanied by V R K Gupta, Director (Finance) and Barnali Tokhi, Managing Director, BPRL, visited the Onshore 1 block in Abu Dhabi. This block, operated by Urja Bharat Pte Ltd, a joint venture with 50% stake from BPRL, holds a special
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(THE NEWSMAN OF INDIA.COM) Pankaj Agarwal, Secretary, Ministry of Power, GoI and Mrs. Reenat Sandhu, Ambassador of India to the Netherlands, inaugurated the India Pavilion at the World Energy Congress 2024 in Rotterdam today. Vivek Kumar Dewangan, CMD, REC Ltd., was present on the occasion. As the catalyzer of India’s energy transition, REC is proud
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(THE NEWSMAN OF INDIA.COM) · Business secured touched Rs. 23,500 Crore at consolidated level, registering a growth of more than 250% over last FY. · All time high sales record: Commercial real estate inventory sale at World Trade Centre, New Delhi is stand at worth approximately Rs. 6480 Crore, witnessing a rise of more than
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(THE NEWSMAN OF INDIA.COM) NHPC limited is participating as part of the Indian Pavilion in the 26th World Energy Congress being organized by World Energy Council (WEC) at Rotterdam, Netherlands from 22nd to 25th April 2024.The Indian Pavilion was inaugurated by Pankaj Agarwal, Secretary (Power), Government of India alongwith Smt. Reenat Sandhu, Ambassador of India
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(THE NEWSMAN OF INDIA.COM) M Nagaraju, IAS, Additional Secretary to the Govt of India and Nominated Authority, Ministry of Coal, visited Mahanadi Coalfields Ltd. headquarters today. He was received warmly by Uday Anant Kaole, Chairman-cum-Managing Director, Mahanadi Coalfields Limited (MCL). At the Review Meeting, Nagaraju also interacted with the Area General Managers and lauded Team
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(THE NEWSMAN OF INDIA.COM) Hindustan Copper Limited has been granted with Bureau of Indian Standards license (No: CM/L 7800116010) to use ISI mark in its Continuous Cast Copper Rod produced at our TCP Unit under IS:12444:2020 standard for Copper Wire Rods for Electrical Applications w.e.f. from 17.04.2024. This initiative of HCL will comply with the
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(THE NEWSMAN OF INDIA.COM) Housing and Urban Development Corporation Ltd. (HUDCO) has declared an Interim Dividend of Rs 1.50 per share for the financialyear 2023-24. The Government of India holds 75% in HUDCO. This is the highest-ever interim dividend declared by HUDCO. HUDCO was incorporated as “The Housing and Urban Development Finance Corporation Private Limited” on April
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(THE NEWSMAN OF INDIA.COM) National Stock Exchange of India (NSE), the world’s No 1 derivatives exchange in the year 2023 based on contracts traded, has received approval for Derivatives on Nifty Next 50 index (NIFTYNXT50) from the Securities and Exchange Board of India (SEBI) and will launch these contracts from April 24, 2024. Exchange will offer
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