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Policy reforms lead to better health, greater lending power

Policy reforms lead to better health, greater lending power

REC Ltd, which finances and promotes power projects across India, has been gearing up for a big shift by focusing on renewable energy and other green projects. With the shift in priorities towards renewable energy, raising funds for renewables has become easier in the domestic and global market, says Vijay Kumar Singh, Director (Projects), REC Ltd....

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Bangladesh keen to invest in Meghalaya power projects

Bangladesh keen to invest in Meghalaya power projects

Bangladesh has evinced interest for investment in power projects of Meghalaya to boost bilateral ties. Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) Chairman Abdul Matlub Ahmad said the neighbouring country´s offer is in the form of a joint venture with Meghalaya government in developing cascading hydel power projects.

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Assured coal supply for stuck power plants

Assured coal supply for stuck power plants

The order refers to the plants which are part of the tranche of projects totalling capacity of 78,000 Mw for which a presidential directive was issued in 2013.The central government will bail out close to 21,400 Mw of power plants by assuring coal linkage through new fuel supply agreements (FSAs).

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