In Short : Power Grid Corporation, a Maharatna PSU, plans over ₹3 lakh crore capex by 2032, primarily for transmission projects. Currently managing ₹1.54 lakh crore worth of projects, it aims for 50% renewable electricity use by 2025, net water positivity by 2030, and zero landfill waste. The company focuses on green infrastructure like battery […]
REC accorded with ‘Maharatna’ company status – EQ Mag Pro
REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus giving REC greater operational and financial autonomy. An order to this effect was issued yesterday by the Department of Public Enterprises, under the Ministry of Finance. Incorporated in 1969, REC is an NBFC focusing on Power Sector Financing and Development […]
