Thursday, December 7, 2023

REC organises workshop on Customised Debt-Financing for Commercial Mining and MDOs

New Delhi: REC Limited, a leading public sector enterprise under the Ministry of Power, held an informative workshop on 'Customised Debt-Financing for Commercial Mining...

REC commits over Rs 40,000 cr to two green hydrogen and conventional power projects...

Gurugram: REC Limited reached a significant milestone by signing three Memorandums of Understanding (MOUs) totalling Rs. 40,358 crore to support and finance various projects...

REC launches mobile app for 54EC bond investors

New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has launched a mobile application designed specifically for current...

REC signs a MoU with PFC for FYs 2023–24 and 2024–25

New Delhi : REC Limited signed an MOU with PFC as per the DPE Performance Evaluation System for FYs 2023–24 and 2024–25 for CPSEs...

REC inks a USD 100 million foreign currency term loan pact with EXIM Bank

Gurugram: REC Limited announced that it has signed a foreign currency term loan agreement for USD 100 million with Export Import Bank of India...

REC raises USD 1.15 bn through syndicated term loans

New Delhi :REC Limited today announced that it has successfully raised USD 1.15 billion in August 2023 in two tranches from a consortium of...

REC to provide Rs 4,527.68 crore to the DVC project to build a 1,320...

New Delhi: REC Limited has signed an agreement with Damodar Valley Corporation (DVC) under which it will lend Rs 4,527.68 crore to build a...

REC Market Cap doubles in a year; included in MSCI Global Standard Index

Gurugram: REC Limited, a Maharatna CPSE under the Ministry of Power, has been named to the prestigious Morgan Stanley Capital International (MSCI) Global Standard...

Power Ministry promoting electric cooking in rural India

New Delhi: The Union Minister for Power and New and Renewable Energy, Mr. R K Singh, informed the Lok Sabha that the Bureau of...

NTPC REL wins bid for 80 MW floating solar project in Madhya Pradesh

New Delhi: New Delhi: NTPC Renewable Energy Limited has been selected as the successful bidder for 80 MW of floating solar capacity at Omkareshwar...

Latest article

5G-enabled ambulances deployed at Apollo Hospitals in Kolkata

Hyderabad: HealthNet Global has unveiled its cutting-edge 5G-connected ambulance at Apollo Multispecialty Hospitals in Kolkata. This custom-designed ambulance is poised to change the face of...

“U.S.-India defence partnership at an all-time high”

Mumbai: The U.S.-India Defence Partnership is functioning at an all-time high, said Rear Admiral Michael Baker, Senior Defence Official and Defence Attaché at the...

Avaya identifies India as a key growth market

New Delhi: Avaya, a global leader in customer experience solutions, has claimed that its solutions are gaining traction in India, particularly among enterprises looking...

REC signs pact with RailTel to finance infra projects in telecom, IT, and railway...

Gurugram: Power sector Maharatna REC Limited signed an agreement with RailTel on Thursday to provide financial assistance up to Rs. 30,000 crore for infrastructure...

By 2026, India likely to have an all-electric air taxi service

New Delhi: InterGlobe Enterprises and Archer Aviation have signed an agreement to collaborate on the launch and operation of an all-electric air taxi service...

South Indian Bank and Enactus IIT Delhi announce SIB finathon winners

New Delhi: South Indian Bank (SIB), in collaboration with Enactus and the Indian Institute of Technology (IIT), Delhi, announced the winners of its esteemed...