Page 52 - Power Development News Today

State-owned REC Ltd on Tuesday posted about a 13.5 per cent rise in its consolidated net profit to Rs 3,308.42 crore for the December 2023 quarter, mainly on the back of higher revenues.

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Lithium royalties increased by more than 100%.

The market concluded the week on a muted note, mirroring global trends influenced by a rise in the US 10-year yield. The upcoming US payroll data is poised to impact expectations regarding the Federal Reserves policy, contributing to cautious investor sentiment. Simultaneously, global attention is focused on eurozone inflation data, adding to the overall market uncertainty.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

 Gurugram : REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSE under Ministry of Power and the leading NBFC, has inked a Memorandum of Understanding (MoU) with the Government of

The share touched a 52-week high of Rs 1,381.60 and a 52-week low of Rs 930.00 on 07 August, 2023 and 28 March, 2023, respectively.

Zimbabwe today set up an inter-ministerial committee to work with the Ministry of Energy and Power Development to find solutions to the present power and energy problems. The country has been experiencing fuel shortages despite hiking prices by nearly 500 percent. It has also been forced to introduce load-shedding of up to 18 hours a

One of the orders worth Rs 1,041 crore is for advance metering infrastructure (AMI) from RECPDCL (REC Power Development and Consultancy Limited) for 7.27 lakh smart meters in Kashmir on DBFOOT (Design-Build Finance-Own-Operate-Transfer) basis, the company said in a regulatory filing.

“So, these are old technologies,  which are fairly inefficient,” Energy ministry permanent secretary Gloria Magombo told Standardbusiness