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Delhi moves to get BSES license revoked if power stopped

Hardening its stand on the issue, the Delhi government has recommended power regulator Delhi Electricity Regulatory Commission to revoke the license of Reliance Infra-backed power distribution......

Opportunity for arbitrage in FPOs

On Tuesday, when the Power Finance Corporation (PFC) follow-on public offer (FPO) had opened for subscription, many investors would have been wondering if it was a good time to enter the stock.What......

REC gets infrastructure finance company status

State-run Rural Electrification Corporation on Monday said the Reserve Bank has granted it the infrastructure finance company status which would allow the firm to lend more to power projects. The......

IFC helping Japan bank finance power project

IFC, a member of the World Bank Group, is helping one of Japan's leading banks, Mizuho Corporate Bank, finance a project that would operate power transmission links between East, North-East and......

3 power PSUs to be divested by March

Disinvestment in three power PSUs -- NTPC, Rural Electrification Corporation and Satluj Jal Vidyut Nigam -- would be completed during the current financial year while the process of selling stake......

5 PSU rights issues likely in September

Public sector undertakings Bharat Earth Movers (BEML), Rural Electrification Corporation (REC), Power Grid Corporation of India and National Hydroelectric Power Corporation (NHPC), slated to hit......

  People speak for power finance corporation and rural electrification corporation

  • QNA
Q. What will be the target of this company in the near future? (say 6 months) What might be the target of the company in 2 years time?
:  A. The target price will be 380 and for 2 days it will be 136Rural Electrical Corporation, REC is one of Indias leading Power Infrastructure company,...... more

Abhiram Rudrapatnam
Q. what is a navaratna company what are the paratmeters considered in granting navaratna status to a company
Abhiram Rudrapatnam:  A. Some parameters are defined for Navratna and mini ratna companies by Govt. Details you can find thru google search.The criteria is that a company...... more

Lakshminarasimhan SargurRamaswamy
Q. What RECs future plans ?
Lakshminarasimhan SargurRamaswamy:  A. Rural Electrical Corporation, REC is one of Indias leading Power Infrastructure company, which finances, promotes and helps in distribution of...... more

Q. Rural Electrical Corporation, REC is one of Indias leading Power Infrastructure company, which finances, promotes and helps in distribution of power projects .Rural Electrification Corporation has been awarded Mini Ratna Grade-1 status and the President of India currently holds 100 per cent paid up capital in the company through Ministry of Power and post IPO the share will come down to just over 81 per cent. RRural Electrification Corporation IPO is backed up by good financials of the company, for the FY07 the company has reported sales over Rs.2652 crore with Profit after tax standing at o
Sheru :  A. very good share more

  Web results for Power Finance Corporation And Rural Electrification Corporation
Twin selloffs on agenda

New Delhi, Jan. 23: The government will sell a 5 per cent stake in state-owned Power Finance Corporation (PFC) next week followed by a 10 per cent... ...
Coal ministry meets top bankers ahead of e-auction of coal mines

To keep lenders in confidence before re-allocation of coal mines, the coal ministry held a meeting with key banks and financial institutions on... ...

NEW DELHI: In a bid to revive interest in the 4,000 MW ultra mega power projects (UMPPs), the power ministry has constituted an expert committee to... ...
Firms borrowing costs fall to lowest level since May 2013

Companies borrowing costs have fallen to the lowest level seen since May 2013 with corporate bond yields in the 10-year segment dropping 25 basis... ...
Tax demand to sink Muthoot Finance

Shares of Muthoot Finance are likely to react negatively, as the company informed the exchanges after market hours that it has received a notice... ...

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