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...
Author: Roshna (Roshna )
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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,...
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Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
NBCC (India) Ltd. proudly announces that the Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam has been awarded the prestigious GRIHA 4-Star rating under the GRIHA V.2015 rating variant. This recognition underscores NBCC’s commitment to sustainable infrastructure and green building excellence. The redevelopment of the ITPO Complex into an Integrated Exhibition Cum Convention...
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REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
REC Limited, a Maharatna CPSE and a leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Limited (CVPPL) to provide a term loan of ₹2147.508 crore (Rupees Two Thousand One Hundred Forty-Seven Crore & Fifty Lakh Eighty Thousand only). The loan will be utilized for the development and...
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NBCC Reports Robust 40% Surge in Net Profit
The Board of Directors, in its meeting held on February 11, 2025, approved the company’s financial results for the quarter and nine months ended December 31, 2024. Standalone Performance: Revenue from Operations stood at ₹2,047.77 Cr for the quarter and ₹5,540.01 Cr for the nine-month period, reflecting a YoY growth of 6.73% and 10.39%, respectively. Profit Before Tax (PBT) for the quarter was ₹171.26 Cr, while Profit...
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The time to invest in India’s energy sector is now, says PM Modi
Prime Minister Narendra Modi asserts that with India’s aggressive energy sector expansion and comprehensive reforms, now is the optimal time for investment. A slew of reforms and a commitment to make the country a leading manufacturing hub make India’s energy sector an attractive investment proposition, Prime Minister Narendra Modi has said. In a video address...
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India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Union Minister Hardeep Singh Puri has said the emerging global energy order must be determined based on artificial intelligence and clean cooking, balancing immediate challenges with long-term vision, and resilient supply chains. Giving voice to an important concern of the 77 developing nations of the Global South, Hardeep Singh Puri, India’s Minister for Petroleum &...