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,...
Category: ECONOMY & POLICY
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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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Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Jayesh Ranjan, IAS, Special Chief Secretary for ITE&C and Industries & Commerce Departments, Government of Telangana, to be the Guest of Honour at the Cement Expo Forum 2025, which will be held alongside Indian Cement Review Awards and Conference on March 5-6, 2025 at Taj Krishna, Hyderabad Highlight of the Forum will be Fireside Chat,...
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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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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...