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About 7 results for "power finance corporation and rural e..."

Two corporations flouted norms leading to bad loans: CAG

The CAG on Thursday criticised state-run Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) for sanctioning loans to independent power producers without following internal guidelines and RBI rules, leading to rise in bad loans."The ... Prokerala, 2 months ago

2 images for "power finance corporation and rural electrification corporation"

Money Control, 4 months ago
Money Control, 5 months ago

Andhra: REC agrees to reduce interest rate on loan by 2%

[India], October 6 (ANI): The Rural Electrification Corporation (REC) of India has agreed to reduce the interest rate on loans to be given to Andhra Pradesh by 2 per cent. The chief secretary of the state thanked the REC for the help that would benefit ...
 Sify2 weeks ago

Saubhagya to electrify India

FC Bureau City: New Delhi The Rs 16,320 crore scheme will provide power connections to over 40m families by December 2018 Prime minister Narendra Modi on Monday launched an Rs 16,320-crore scheme – Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) – ...
 The Financial Chronicle3 weeks ago

Grateful to government for trusting REC as nodal agency for Saubhagya scheme: REC

The Government of India aims at β€˜24/7 Power For All’ by 2019. Prime Minister Narendra Modi announces #39;Power For All#39; scheme and the government plans to invest Rs 16,320 crore in the scheme. In an interview to CNBC-TV18, PV Ramesh, CMD of Rural ...
 Money Control3 weeks ago
DNA

PM Modi's big push for 2019: 'Electricity for all' Saubhagya scheme- All you need to know

PM Narendra Modi on Monday launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana 'Saubhagya'. The ambitious scheme as the name suggests plans to give electricity to all the households in India by December 2018. The scheme if properly implemented can be a ...
 DNA3 weeks ago

$1 billion fund for stressed power assets on the anvil

Subhash Narayan City: New Delhi The power ministry has stepped up the process to set up a fund with initial corpus of $1 billion to enable alternative financing options for stressed power assets. The proposed fund will function under the ambit of the National ...
 The Financial Chronicle2 months ago

Cash in on stocks

Riding on the tailwinds of strong IIP numbers, the Nifty on Friday flew to a record close at 10,167 and the Sensex hit an over two-month high as investors threw caution to the winds and went ahead with more buying. The 50-share NSE index sprinted to 10,167.45 ...
 The Financial Chronicle1 week ago
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