Power Finance Corporation Current Affairs, GK & News

Power Finance Corporation  Current Affairs, GK & News

PFC Signs MoA with IIT-Kanpur for Training and Research in Smart Grid Technology

Power Finance Corporation (PFC), a PSU under the administrative control of the Ministry of Power, has signed an MoA with the Indian Institute of Technology, Kanpur, for training, research and entrepreneurship development in smart grid technology. Under this arrangement, PFC is going to prove around Rs 2.39 crores to the IIT Kanpur under its Corporate ..

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USD 250 million loan signed with ADB

The Government of India has signed a USD 250 million loan with the Asian Development Bank (ADB) for expanding the energy efficiency investments in the country. The loan amount will be utilized by the Government of India’s, world’s largest public Energy Service Company(ESCO), Energy Efficiency Services Limited(EESL) that will benefit agricultural, institutional and residential consumers. ..

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India plans to boost clean energy sector

The Government of India is planning to integrate largest lenders to the power sector in order to help clean energy firms clear their dues. It includes Rural Electrification Corporation (REC), Power Finance Corporation (PFC) and Indian Renewable Energy Development Agency (IREDA). The integration will help resolve growing crisis in the clean energy sector and also ..

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Public Enterprises Survey 2017-18

The Public Enterprises Survey 2017-18 was tabled in the Parliament. The Survey mapped the performance of the various central public sector units. The survey was undertaken by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises. Findings of the Survey The major highlights of the performance of CPSEs are: Indian Oil Corporation, ..

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CCEA approves strategic sale of Rural Electrification Corporation

Cabinet Committee on Economic Affairs (CCEA) has given its in principle approval for strategic sale of Central Government’s existing 52.63% of total paid up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC) along with transfer of management control. Both REC and PFC are Central Public Sector Enterprises under the Ministry of ..

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