IN THE MATTER OF:- Determination of Average Pooled Power Purchase Cost (APPC) for the financial year 2021-22 under REC mechanism. For more information please see below link:
REC avails ODA loan of USD 169.5 million from KfW Development Bank – EQ Mag Pro
REC Limited has entered into an agreement with KfW Development Bank for availing ODA term loan of USD 169.5 million under Indo-German Bilateral Partnership in accordance with the approval granted by Department of Economic Affairs, Ministry of Finance, Govt. of India. Proceeds of ODA loan will be deployed for part financing of innovative Solar PV […]
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), […]
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:
UPCL Issue Tender For supply of Purchase of Power REC (Solar/Non-solar) And eCerts from Power exchange – EQ Mag Pro
UPCL Issue Tender For supply of Purchase of Power REC (Solar/Non-solar) And eCerts from Power exchange. For more information please see below link:
Sale and transfer of MP Power Transmission Package-II Limited, wholly owned subsidiary of RECPDCL and also of REC – EQ Mag Pro
Sale and transfer of MP Power Transmission Package-II Limited, wholly owned subsidiary of RECPDCL and also of REC. For more information please see below link:
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 […]
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 […]
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 […]
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: