power finance corporation

IGNOU to start course on power distribution


July 15th, 2012 - 2:45 pm ICT by IANS
New Delhi, July 15 (IANS) The Indira Gandhi National Open University (IGNOU) has started its admission process for a course in power distribution meant for professionals seeking to upgrade their ... Read more...

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Tamil Nadu power units to raise Rs.11,000 crore


March 12th, 2012 - 10:58 pm ICT by IANS
Chennai, March 12 (IANS) State-owned Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) and Tamil Nadu Power Finance Corporation would together raise around Rs.11,000 crore through bonds and government guarantees, ... Read more...

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EGoM fails to decide on ONGC, BHEL stake sales


February 15th, 2012 - 5:44 pm ICT by IANS
New Delhi, Feb 15 (IANS) The government stumbled in its effort to meet the target of raising Rs.40,000 crore through stake sale in state-owned firms this fiscal as an ... Read more...

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Pranab hopes to meet Rs.40,000 crore disinvestment target


November 18th, 2011 - 8:36 pm ICT by IANS
New Delhi, Nov 18 (IANS) The government has not revised downward the disinvestment target of Rs.40,000 crore for the current fiscal and was hopeful of meeting it, Finance Minister ... Read more...

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Power minister to visit Chicago, New York


September 17th, 2011 - 8:32 pm ICT by IANS
New Delhi, Sep 17 (IANS) India's Power Minister Sushilkumar Shinde will leave for Chicago and New York on a five-day official trip starting Sep 19, a statement said Saturday."The minister ... Read more...

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Rs.40,000 crore disinvestment target will be met: Official


September 13th, 2011 - 9:49 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government will be able to meet the targeted Rs.40,000 crore through divesting its stake in public sector undertakings during the current financial year, ... Read more...

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Power Finance Corporation to raise $1 billion fund


August 29th, 2011 - 9:26 pm ICT by IANS
New Delhi, Aug 29 (IANS) State-run Power Finance Corporation has sought an approval from the Reserve Bank of India to raise $1 billion from external commercial borrowings, the Rajya Sabha ... Read more...

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PSU stake sale only when markets right: Mukherjee


August 19th, 2011 - 9:47 pm ICT by IANS
New Delhi, Aug 19 (IANS) Finance Minister Pranab Mukherjee Friday said the government would sell its stake in the public sector undertakings (PSUs) only when market conditions were favourable."We ... Read more...

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10 percent NBCC divestment okayed


August 11th, 2011 - 11:41 pm ICT by IANS
New Delhi, Aug 11 (IANS) The government Thursday approved divestment of 10 percent of its equity holding in state-run construction and engineering firm National Buildings Construction Corporation Limited (NBCC).In a ... Read more...

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Power Finance Corporation to raise lending rate


May 11th, 2011 - 10:32 pm ICT by IANS
Kolkata, May 11 (IANS) The Power Finance Corporation (PFC), the financial institution dedicated to power sector financing, will shortly raise its lending rate to adjust it according to current market ... Read more...

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Orissa Power embarks on Rs.10,000 crore expansion plan


November 18th, 2010 - 3:46 pm ICT by IANS
Bhubaneswar, Nov 18 (IANS) Orissa Power Generation Corporation Ltd (OPGC) has floated a global tender for expansion of its coal-fired power plant in the state, a company official said Thursday.The company, a ... Read more...

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Power Finance’s second quarter profit up 9.86 percent


November 10th, 2010 - 7:33 pm ICT by IANS
Mumbai, Nov 10 (IANS) Power Finance Corporation Limited Wednesday reported a 9.86 percent increase in its net profit for the second quarter of the current fiscal, which stood at Rs.7,008.3 million (over ... Read more...

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India to generate 1,000 megawatts of solar power by 2013: Abdullah


July 25th, 2010 - 11:02 pm ICT by ANI
New Delhi, July 25 (ANI): India is all set to generate 1,000 Megawatts (MW) of solar power by 2013, in the first phase of the new solar power projects under Indian ... Read more...

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With 100 percent placement, cheer at youngest IIM


March 31st, 2010 - 10:43 am ICT by IANS
By Syed Zarir Hussain Shillong, March 31 (IANS) All the 63 first-batch graduates of the youngest Indian Institute of Management (IIM) in Meghalaya have got job offers, with an annual average salary of ... Read more...

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Sterlite wins $160 mn power project for northeast


February 22nd, 2010 - 3:42 pm ICT by IANS
Pune, Feb 22 (IANS) Fibre-optic cable manufacturer Sterlite Technologies has won a project worth $160 million (Rs.800 crore) for developing a power transmission network in northeastern India, the company said in a ... Read more...

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Areva wins $26 mn order


February 17th, 2010 - 5:21 pm ICT by IANS
New Delhi, Feb 17 (IANS) The Indian arm of French energy giant Areva has won a Rs.120 crore (Rs.1.2 billion / $26 million) contract from Larsen and Toubro to provide solutions at ... Read more...

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Solar photovoltaic power plant commissioned in West Bengal


December 8th, 2009 - 8:19 pm ICT by IANS
Asansol (West Bengal), Dec 8 (IANS) The country's first 2MW solar photovoltaic power plant was commissioned Tuesday at West Bengal's Seebpur village by Minister for New and Renewable Energy Farooq Abdullah, who ... Read more...

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A Swiss donator to Tamil Nadu’s Ramanathaswamy Temple


June 6th, 2009 - 2:47 pm ICT by ANI
Chennai, June 6 (ANI): A Swiss national recently donated Rupees 2.08 crore to the Ramanathaswamy Temple in Tamil Nadu.Over the last three years, Elizabeth Ziegler has been donating about Rupees four ... Read more...

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Shinde launches APDRP web portal


February 25th, 2009 - 9:17 pm ICT by ANI
New Delhi, Feb 25 (ANI): Union Minister of Power Sushilkumar Shinde today launched the web-portal of Restructured Accelerated Power Development Programme (R-APDRP). The address of the website is www.apdrp.gov.in The R-APDRP launched ... Read more...

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V.K. Garg takes over as Chairman of Joint Electricity Regulatory Commission


October 21st, 2008 - 4:17 pm ICT by ANI
New Delhi, Oct 21 (ANI): Union Minister of Power Sushil Kumar Shinde today administered the oath of office and secrecy to Dr. V.K. Garg as Chairman of the Joint Electricity Regulatory ... Read more...

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Orissa to host three new ultra mega power projects


March 15th, 2008 - 12:39 am ICT by admin
New Delhi, March 14 (IANS) Orissa has agreed to host three of the five new ultra mega power projects (UMPPs) of 4,000 MW each envisaged by the central government, said a top ... Read more...

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