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March 11, 2021
PFC-REC to extend ₹4,058-crore loan to Bhutan hydro project March 11, 2021 × Power Finance Corporation, along with subsidiary REC, on Thursday signed an MoU with Kholongchhu Hydro Energy Ltd to extend a term loan of ₹4,058 crore for a 600 MW hydroelectric project in Trashi Yangtse, Bhutan. The project is proposed to be funded in a debt-to-equity ratio of 70:30, PFC said in a statement. The loan shall be shared in equal proportion by PFC and REC. An additional ₹400 crore is proposed to ...
March 10, 2021
REC signs MoU for financing 600 MW hydroelectric project in Bhutan SECTIONS Last Updated: Mar 10, 2021, 08:35 PM IST Share Synopsis The project is being executed as per an inter-governmental agreement signed between India and Bhutan in April 2014 to undertake implementation of four hydroelectric projects in Bhutan through a joint venture model. Agencies The project is proposed to be funded in debt-equity ratio of 70:30 and as per the MoU, REC would be extending Rupee Term Loan of Rs 2,029 crore...
March 3, 2021
Locations in Portugal Move onto the Radar Martin Dale, provided by FacebookTwitterEmail Funded by Turismo de Portugal, the country’s shoot cash rebate aims to increase Portugal’s international visibility. Secretary of State for Tourism Rita Marques stresses that tourism is a key driver of sustainable growth, job creation and foreign investment, as well as promoting Portuguese and European cultural values: “That’s why we have created one of the most competitive film production incen...
February 25, 2021
Skip to main content General who led Fort Hood when Vanessa Guillén was killed coming to San Antonios Fort Sam FacebookTwitterEmail 1of2 Fort Hood senior commander, Maj. Gen. Scott Efflandt, speaks during a press conference last July about Spc. Vanessa Guillen, who went missing from the post in April and whose body had just been found miles away.Billy Calzada /San Antonio Express-NewsShow MoreShow Less 2of2 Mellisa Mendoza places white roses at a mural for Vanessa Guillen, a U.S. Army soldier ...
February 15, 2021
Mass vaccination clinic opened with fanfare, closed amid rifts of trust Frances Stead Sellers, The Washington Post Feb. 14, 2021 FacebookTwitterEmail 6 1of6People wait in an observation area after receiving a coronavirus vaccine at the mass-vaccination site set up by Philly Fighting COVID at the Pennsylvania Convention Center on Jan. 15, 2021.Photo for The Washington Post by Rachel WisniewskiShow MoreShow Less 2of6Andrei Doroshin poses for a photo at his Philadelphia apartment in J...
February 13, 2021
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...
February 12, 2021
By Tamanna Inamdar The basic mindset of the government at the policy level is still public sector oriented. Most of the ministers believe that the public sector entity should remain under their control, says You have been in government and you know the push towards privatisation. You know about the political push back as well. What is the actual challenge to push through the process apart from the declarations of intent? First thing we should remember is that the policy is decided by politici...
January 26, 2021
6 Hormone-Disrupting Chemicals to Avoid Minimize these hormone-disrupting chemicals in your home and food to decrease the risk of breathing problems, chronic disease, excess weight and more. By Sarah Lozanova Arsenic can find its way into local waterways via natural deposits in the earth or from agricultural and industrial practices. Photo by Veer Photo by Veer Photo by Dreamstime Photo by Corbis PFCs are often used in stain treatments for furniture; forgo these optional treatm...
January 18, 2021
PFC Rs 5K cr bonds issue over-subscribed, closed 11 days ahead of schedule SECTIONS Last Updated: Jan 18, 2021, 07:46 PM IST Share Synopsis Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches. Getty Images But the issue had to be closed on Monday, the second day of trading, due to over-subscription on BSE. Related NSE State-run Power Finance Corporations Rs 5,000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine ti...
January 15, 2021
Petrofac reacts to UK Serious Fraud Office announcement