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PFC, subsidiary REC sole institutions provided finances to coal projects: Report – EQ Mag Pro

An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power projects in 2020. New Delhi : The fourth edition of Coal vs Renewable Financial Analysis 2020, authored by Climate Trends and Centre for Financial Accountability (CFA), […]

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ

Approval of Board of Directors for sale and transfer of Kallam Transmission Limited, wholly-owned subsidiary of RECPDCL and also of REC – EQ Mag Pro

Approval of Board of Directors for sale and transfer of Kallam Transmission Limited, wholly-owned subsidiary of RECPDCL and also of REC. For more information please see below link:

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ

Power Minister takes review meeting on performance of REC ad PFC – EQ Mag Pro

Shri R.K. Singh, Union Minister of Power and New & Renewable Energy reviewed the performance of REC and PFC Limited on 4th and 5th October 2021 respectively, in the presence of Minister of State for Power Shri Krishan Pal, Secretary Power and Senior Officers of Ministry of Power, with CMDs of REC and PFC and […]

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ

Power Minister takes review meetingon performance of REC ad PFC – EQ Mag Pro

Shri R.K. Singh, Union Minister of Power and New & Renewable Energy reviewed the performance of REC and PFC Limited on 4th and 5th October 2021 respectively, in the presence of Minister of State for Power Shri Krishan Pal, Secretary Power and Senior Officers of Ministry of Power, with CMDs of REC and PFC and […]

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ

PFC, REC disburse Rs 85,000 crore to discoms under Atmanirbhar Bharat package – EQ Mag Pro

According to sources, the two lenders have disbursed around Rs 39,000 crore in the second tranche since January to discoms in Andhra Pradesh, Telangana, Rajasthan, Bihar, Tamil Nadu, Meghalaya and Jammu & Kashmir. State-run sector-specific lenders PFC and REC have disbursed Rs 85,000 crore to electricity distribution companies (discoms) under the Rs 1.25-lakh-crore liquidity infusion […]

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ

POWERGRID increases its Shareholding in Energy Efficiency Services Limited (EESL), a Joint Venture Company of POWERGRID, NTPC, PFC and REC – EQ Mag Pro

POWERGRID increases its Shareholding in Energy Efficiency Services Limited (EESL), a Joint Venture Company of POWERGRID, NTPC, PFC and REC. For more information please see below link:

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ

Global Invitation (Through e-bidding Only) for Selection of Transmission Service Provider on Build, Own, Operate and Maintain (Boom) Basic For “Transmission System For Evacuation of Power – EQ Mag Pro

Global Invitation (Through e-bidding Only) for Selection of Transmission Service Provider on Build, Own, Operate and Maintain (Boom) Basic For “Transmission System For Evacuation of Power From RE Projects in Rajgarh (2500 MW) SEZ in Madhya Pradesh” & “Transmission Scheme for Solar Energy Zone in Gadag (2500 MW), Karnatka-Part A. For more information please see […]

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ

REC Seeks Shareholders Nod to Raise Up to Rs 85,000 Cr Via Bonds, Debentures – EQ Mag Pro

Further, it said the amount planned to be raised shall be within the overall revised borrowing limit, being proposed for approval by the shareholders New Delhi, State-owned REC will seek shareholders’ approval to raise up to Rs 85,000 crore through issuance of non-convertible bonds or debentures next month. The funds would be raised on private […]

NHPC subsidiary sign agreement with Tata Power Renewable Energy – EQ