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Power Grid evinces interest to invest in Telangana

Power Grid evinces interest to invest in Telangana

Power Grid Corporation of India Limited (PGCIL) has evinced interest in investing in power transmission lines in Telangana. “PGCIL has expressed its interest to invest in the transmission projects in the state. The Chief Minister wanted officials from the state electricity department and PGCIL to hold talks in this regard,” a release issued by Telangana Chief Minister K Chandrasekhar Rao’s office said.

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Telangana writes off Rs.3,920 cr housing loans

Telangana writes off Rs.3,920 cr housing loans

In a huge relief to weaker sections, Telangana´s TRS government has announced a major loan waiver for housing beneficiaries. Chief Minister K Chandrasekhar Rao said Rs 3,920 crore loan component that has to be paid by beneficiaries of the Indiramma Weaker Section Housing Scheme between 2004 and 2014 would be waived.

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Coal India CMD quits

Coal India CMD quits

S Narsing Rao has stepped down as the Chairman and Managing Director of Coal India to take up a new role as Principal Secretary to K Chandrasekhar Rao, the Chief Minister of India's 29th state Telangana from June 2. Meanwhile, there is no word yet on the successor of Rao in Coal India after his resignation.