Monday, May 16, 2022
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Power PSU Latest News

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REC records its highest annual profit at Rs 10,046 crores

PSU Watch Admin -
The Board of Directors of REC Limited approved the audited standalone and consolidated financial results for the 4th quarter and financial year of FY'2021-22
National News

Power Grid to jointly develop Africa’s 1st transmission PPP project with Africa50

PSU Watch Bureau -
Power Grid has signed a joint development agreement with Africa50, the pan-African infrastructure investment platform, to continue to develop the Kenya Transmission Project on a public-private partnership basis
National News

Power Grid Board approves Rs 14.23 crore for EV charging station in Mumbai

PSU Watch Bureau -
Maharatna Power PSU Power Grid Corporation of India Limited (PGCIL) on Tuesday has approved an investment of Rs 14.23 crore for setting up an Electric Vehicles (EVs) charging station in Mumbai
Latest News

NHPC restarts commercial operation of its oldest 180 MW Baira Siul Power Station

PSU Watch Bureau -
NHPC has indigenously and successfully renovated and modernised its 180 MW Baira Siul Power Station and commenced its commercial operation
National News

Power Grid commissions 765 kV double-circuit Vindhyachal-Varanasi transmission line

PSU Watch Bureau -
Power Grid owned PVTSL has successfully commissioned the 765 kilo-volt (kV) double circuit (D/C) Vindhyachal –Varanasi Transmission Line
National News

REC raises $400 million through bonds

PSU Watch Bureau -

REC Limited announced that it has successfully raised $400 million 5.5-year Reg S only bond issued off its Global Medium-Term Programme of USD 7 billion

CSR Watch

CSR Watch: Power Grid extends support to Kargil in fight against COVID

CSR Watch Bureau -

Power Grid has handed over one vaccine delivery van, twelve ice lined refrigerators and nine deep freezers to the district administration of Kargil (Ladakh) on Monday

National News

Power Grid helps restoring power supply to Diu after cyclone Tauktae

PSU Watch Bureau -

Power Grid has restored 220 kV Timbdi-Dhokadva and Savarkundla-Dhokadva Transmission Lines feeding power to Diu following extensive damage due to Taukte cyclone

National News

REC FY21 results: REC records its highest-ever net profit at Rs 8,362 crore

PSU Watch Bureau -

During the financial year FY21, REC Limited has registered the highest ever net profit of Rs 8,362 crore against 4,886 crore in FY20

National News

PSUs for the nation: SJVN to install 4 Oxygen Plants in Himachal Pradesh

PSU Watch Bureau -

SJVN Limited is installing four Oxygen Plants in the districts of Shimla (Rampur), Kinnaur, Lahaul Spiti and Hamirpur of Himachal Pradesh at a cost of around Rs 4.5 crore

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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