REC, a Maharatna central public sector enterprise (CPSE) and a leading non-banking finance company under the Ministry of Power, has been conferred with the Corporate Social Responsibility & Sustainability Award 2024 in the category of ‘Excellence in Providing Support to Healthcare’ by the industry chamber ASSOCHAM. The award was presented during the sixth edition of the...
Author: Roshna (Roshna )
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Logistics parks, multimodal cargo hubs poised for rapid growth
Following the successful launch of the Bangalore Logistics Park at India’s third-busiest international airport in late April, Ramanathan Rajamani, CEO, AISATS, is now focused on the seamless operationalisation of the country’s largest multimodal cargo hub at the upcoming Noida International Airport. An engineering graduate and a master’s in logistics from the National University of Singapore,...
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Investments in Renewables, Roads, and Real Estate to Reach ₹17.5 Trillion by FY26: Crisil
While these investments may face regulatory delays, market fluctuations, and infrastructure bottlenecks, strong cash flows, prudent financial management, and sustained investor confidence will support stability across the three sectors. As part of the current transformations, India’s renewable energy, roads, and real estate sectors are expected to attract significant capital, according to the country’s leading ratings...
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REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement,...
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IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
On the occasion of International Women’s Day, Dr. P R Jaishankar, MD, IIFCL, launched the IIFCL’s Gender Equality and Social Inclusion (GESI) Cell, to promote gender equality and social inclusion in its infrastructure financing approach. The GESI Cell will focus on gender tagging, capacity building, policy development, and enhancing gender-focused impact assessments. It will help...
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IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
New Delhi, March 3, 2025 – India Infrastructure Finance Company Limited (IIFCL), a premier government-owned financial institution, has signed an Expression of Interest (EoI) with the Climate Bonds Initiative (CBI), an international organization dedicated to mobilizing global capital for climate action. This strategic collaboration aims to promote financing for sustainable infrastructure projects in India and...
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CCI India presents 1st edition of CEO Round Table Conference on Agriculture
New Delhi, March 2025 – CCI India proudly announces the inaugural edition of the CEO Round Table Conference, a distinguished gathering of diplomats, bureaucrats, central and state government officials, and preeminent CEOs from the agricultural sector. CEO Round Table Conference, a pioneering platform is designed to ignite transformative discussions, drive policy innovation, and foster strategic...
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Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
The platform offers solutions of two, four, six, and eight-hour duration, tailored to clients’ needs. US-based energy storage and asset optimisation firm Fluence Energy has introduced its high-density, alternate current (AC)-based energy storage platform Smartstack for grid-scale applications worldwide. The platform offers solutions of two, four, six, and eight-hour duration, tailored to clients’ needs. Smartstack...
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NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has inked a MoU on for rendering PMC Services with National Institute of Technology (NIT) Kurukshetra for construction of academic block, hostel block, residential block etc. at Kurukshetra (Haryana)”. The tentative cost of work is valued at approx. Rs. 300 Crore...
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REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Chennai, February 18, 2025: REC Limited, through its CSR arm, REC Foundation, has signed a Memorandum of Association (MoA) with Sankara Eye Hospital, Pammal, Chennai wherein REC committed ₹6.00 Crore for the project ‘Eye Care for All’ – an initiative to provide support to 8,000 beneficiaries for cataract surgery. The MoA was formalized on February 17,...