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Rural Electrification Corporation

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PM Modi launches Rs 16,000 crore power scheme for all

Prime Minister Narendra Modi on Monday launched a Rs 16,320-crore scheme - Pradhan Mantri Sahaj Bijli Har Ghar Yojana ‘Saubhagya’ -- to provide electricity connections to over 4......

PM's claim of electrifying Nagla Fatela may not be correct

Did Prime Minister Narendra Modi have his facts wrong when he claimed during his address to the nation from the ramparts of the Red Fort that Nagla Fatela, a tiny village in Uttar Pradesh, had......

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......

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......

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......

Govt may divest NTPC, REC pie in 2 months

The follow-on public offers of either NTPC or Rural Electrification Corporation, are likely to be launched in the next couple of months, a senior government official said.Another FPO, that of NMDC,......

Rural electrification scheme to miss target

The government's ambitious scheme RGGVY to electrify rural India will miss the target as fewer than 50 per cent of the selected 1,25,000 villages have so far been electrified, according to official......

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......
  Web results for Rural Electrification Corporation
EESL, company steering government’s electric vehicle push, plans FY19 IPO

EESL is a joint venture of NTPC, Power Finance Corporation, Rural Electrification Corporation and Power Grid Corporation of India. ...

http://www.moneycontrol.com/news/business/eesl-company-steering-government\\u2019s-electric-vehicle-push-plans-fy19-ipo_10386201.html
REC funds Tamil Nadu power project

The #Rural Electrification Corporation (REC) has entered in a loan agreement with the Tamil Nadu Generation and Distribution Corporation... ...

http://www.constructionworld.in/News/REC-funds-Tamil-Nadu-power-project/110656
REC

Bond yields have moved up by 53 basis points so far in Q3 of FY18. This hardening of bond yields is likely to impact the cost of funds for non... ...

http://www.moneycontrol.com/news/business/looking-to-raise-funds-at-competitive-ratesdomesticoverseas-markets-rec_10215001.html
Bharat-22 ETF, GST rate cut, Mallya's trial, and more

Reliance Industries, Adani Abbot Point Terminal, and Rural Electrification Corporation (REC) on Monday launched bond issues overseas worth $1.7 bn ...

http://www.business-standard.com/article/current-affairs/news-digest-bharat-22-etf-gst-rate-cut-mallya-s-trial-and-more-117112100089_1.html
CAG reveals 86% increase in NPAs in govt-owned REC & PFC in 3 years

A Comptroller and Auditor General (CAG) audit of loans to Independent Power Producers (IPPs) by Rural Electrification Corporation Limited (REC) and... ...

http://www.catchnews.com/business-economy-news/abuse-of-power-cag-reveals-86-increase-in-npas-in-govt-owned-rec-pfc-in-3-years-87907.html

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