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REC’s subsidiary RECPDCL handed over SPV projects to IndiGrid – EQ Mag Pro

A consortium of IndiGrid 1 Limited and IndiGrid 2 Limited has been the successful bidder of the Inter-State Transmission Project of Ministry of Power, GoI, and RECPDCL as the Bid Process Coordinator. New Delhi : REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, the NBFC Navaratna CPSU under the aegis […]

51 lakh electricity consumers will get zero bills from September 1- Punjab CM – EQ Mag Pro

REC arm hands over Kallam Transmission SPV to IndiGrid firms’ consortium – EQ Mag Pro

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the NBFC Navaratna CPSU under the aegis of Ministry of Power, handed over the project specific SPV (Special Purpose Vehicle) formed for construction of Transmission Project viz. Transmission system for evacuation of power from RE projects in Osmanabad area (1 GW) […]

Renewable energy generation accounts for 25-29% of total power amid rising demand – EQ Mag Pro

IndiGrid to establish transmission system for renewable energy projects in Maharashtra – EQ Mag Pro

For REC Power Development and Consultancy. IndiGrid has received the Letter of Intent (LOI) from REC Power Development and Consultancy (REC) to establish a transmission system for evacuation of power from renewable energy projects in Osmanabad area in Maharashtra. This project is envisaged on build, own, operate and maintain (BOOM) basis for a period of […]

Renewable energy generation accounts for 25-29% of total power amid rising demand – EQ Mag Pro

IndiGrid Q2 results: Net profit slips 20% to Rs 68 crore – EQ Mag Pro

New Delhi: Infrastructure funding belief IndiGrid‘s consolidated web profit fell 20 per cent to Rs 68.17 crore within the September quarter due to increased finance prices and depreciation. The consolidated web profit was Rs 85.51 crore within the quarter ended September 30, 2020, a BSE submitting stated. The finance price within the quarter rose to […]

OMERS Private Equity Invests US$100 Million of Growth Capital in NovaSource Power Services – EQ Mag Pro