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Outlook negative for power discoms due to falling revenues: ICRA

Outlook negative for power discoms due to falling revenues: ICRA
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Second, Kinder Acts: The Story of Reena Nachika

Second, Kinder Acts: The Story of Reena Nachika On the occasion of International Women’s Day, the story of a young Indian Maoist who turned her back on violence – and now champions education instead. By March 09, 2021 Reena Nachika leading a community meeting at Dakapada village in Koraput district, Odisha, India. Credit: Abhijit Mohanty Advertisement In the remote village 465 kilometers from Bhubaneswar, capital of the eastern Indian state of Odisha, people are excitedly gathering for a community meeting. Reena Nachika, once a Naxal a Maoist rebel but now a social worker, is motivating parents to send their children to school. “Education is the only way to empower our next generation,’’ said Nachika, a native of the Dakapada village who belongs to the indigenous Kondh community. “If today I am here, speaking confidently in front of you all, it is because of my education.”

EESL to boost adoption of energy efficient products, services

EESL to boost adoption of energy efficient products, services ​ By IANS | Published on ​ Tue, Mar 9 2021 20:48 IST | ​ 0 Views   EESL to install 2.34 mn smart prepaid meters in Bihar, signs MoU. Image Source: IANS News New Delhi, March 9 : With the aim to maximise the adoption of energy efficient products and services in the country, Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, has decided to empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers and Retailers and other Demand Aggregators, including ESCOs with requisite under the Success Fee Model. Through this, EESL seeks to boost and expand the sale of its various existing and new products and services in the markets.

Nabard, REC, others to hit bond mkt today; plan to raise about Rs 8,600 cr

Amid the trend of hardening yields, Nabard, REC, TMF Holdings and L&T Finance will hit the bond market on Tuesday to raise about Rs 8,600 crore. National Bank for Agriculture and Rural Development (NABARD) is slated to tap the bond market with a maturity of three years and one day for a base amount of Rs 1,000 crore. It will come with an option of another Rs 2,000 crore. Part of the issuance is government-serviced bonds, bond dealers said. Rural Electrification Corporation (REC), a public sector undertaking (PSU), is looking to issue a 15-year paper with base amount of Rs 500 crore with option of raising another Rs 4,500 crore.

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