In Short : REC Limited has received approval from the Central Board of Direct Taxes (CBDT) to issue ₹5,000 crore zero coupon bonds with a tenure of 10.5 years, to be issued by March 31, 2027. These bonds, offered at a discount, provide tax benefits and attract long-term investors. This move supports REC’s efforts to […]
Regional Power Conference with North Eastern States – EQ
In Short : The Regional Power Conference for North Eastern States, held in Sikkim, focused on upgrading energy infrastructure. Union Power Minister Shri Manohar Lal highlighted smart metering and hydropower development. States like Tripura showcased reforms. Discussions also covered distribution sector improvements under RDSS and PM-JANMAN, aiming to build a modern, reliable, and sustainable power […]
IOC launches battery swapping facility for quick recharge of EVs
IOC is the country’s top fuel retailer, controlling close to half of the market. But, it is now making a foray into EV charging New Delhi: India’s top oil firm IOC on Friday launched a battery swapping facility for electric vehicles (EVs) at its petrol pumps, offering to replace discharged batteries with fully charged ones […]
‘Bimstec nations could tap India’s green energy transition’
With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]
