REC Limited, the state owned power sector financier, signed a 200 million Euro loan with the German bank KfW in Frankfurt on 13th August 2018.
Mr. Akshay Kumar Singh has joined as Director (Pipelines) of Indian Oil Corporation (IndianOil), the country’s largest commercial enterprise and the top-ranked Indian corporate in Fortune’s ‘Global 500’ listing.
State-owned transmission major, POWERGRID has entered into a term loan facility agreement for ₹10,000 Crore with State Bank of India (SBI) today, for meeting capital expenditure for expansion/ renovation and setting up of various undergoing and new transmission & other projects in the company and in identified SPVs/JVs of the company.
With a view to resolve the stress and revive such assets, the Government has decided to set up a High Level Empowered Committee headed by Cabinet Secretary PK Sinha with representatives from the Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal and the lenders having major exposure to the power sector.
Mr. Gurmeet Singh has taken charge as Director (Marketing), IndianOil – the country’s largest commercial enterprise and the top-ranked Indian corporate in Fortune’s ‘Global 500’ listing.
The biomass power generation capacity in India is rapidly growing since last few years as Indian government focuses on increasing power generation through renewable energy sources. As on Dec 31, 2017, the grid connected biomass power generation capacity in India stood at 8.4 GW, up from 4.95 GW as on March 31, 2016.
NTPC has signed term loan agreement for ₹1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3- months MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC.
NTPC’s 250 MW Solar Project In Suwasra, District Mandsaur, Madhya Pradesh Dedicated To State By Shri Shivraj Singh Chauhan Hon’ble Chief Minister, Madhya Pradesh
The Chief Minister of Madhya Pradesh, Shivraj Singh Chauhan on Wednesday dedicated to the State of MP, NTPC’s 250 MW Solar Power Plant in Suwasra, District Mandsaur of Madhya Pradesh.
Essar builds India’s largest iron ore handling complex of 24 MTPA at Vizag Port with Rs 830 crore investment; dedicates it to the nation
Essar Vizag Terminal Ltd (EVTL) today dedicated to the nation its newly commissioned 24 MTPA Vizag iron ore handling complex, which will be inaugurated by Shri. Nitin Gadkari, Hon’ble Minister for Road Transport & Highways, Shipping and Water Resources.
Power Management Institute (PMI), NTPC Recognized By ATD Best Award 2018 For The Centre Of Excellence In Talent Development
Wins the coveted global award second time in succession
Power Management Institute (PMI), NTPC have been globally recognised by ATD Best Award 2018 for the second time in a row, for the centre of excellence in talent development.