Power Grid acquires Krishnagiri REZ Transmission SPV for Rs 19.82 Crore
New Delhi, August 3, 2026: Power Grid Corporation of India Limited (PGCIL) has expanded its renewable energy transmission portfolio by acquiring Krishnagiri REZ Transmission Limited (KRTL), the Special Purpose Vehicle (SPV) responsible for implementing…
NBCC signs Landmark Agreement with Government of the Republic of Seychelles for Construction of 1008 Housing Units
NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed a landmark agreement with the Government of the Republic of Seychelles for the construction of the Île Aurore Housing Project,…
Ajit Kumar Panda assumes charge as CMD of CONCOR
New Delhi, August 3, 2026: Container Corporation of India Limited (CONCOR), India’s premier multimodal logistics and container transport company, has officially welcomed Ajit Kumar Panda as its new Chairman and Managing Director (CMD) with effect…
REC and PFC sign Rs. 26,850 Crore common loan agreement with MUNPL for 2,400 MW Meja Thermal Power Project Stage-II
New Delhi, July 30, 2026: REC Limited and PFC Limited, Maharatna CPSEs under the Ministry of Power and leading Infrastructure Financing NBFCs, have signed Common Loan Agreement with Meja Urja Nigam Private Limited (MUNPL), a 50:50 Joint Venture between…
RECPDCL hands over Ryapte Power Transmission Limited, a SPV of Inter State Transmission Project, to M/s The Tata Power Company Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Ryapte Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the…
RECPDCL hands over Bhadla Ramgarh Power Transmission limited to Power Grid Corporation of India Limited and Shongtong Power Transmission Limited to Terralight Solar Energy Tinwari Private Limited
New Delhi, 30 July 2026: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over two project-specific Special Purpose Vehicles (SPVs) for inter-state…
Financial discipline and operational foresight drive SAIL’s Q1 FY27 profit surge
New Delhi, 29th July, 2026: SAIL’s Q1 FY27 performance is not just about a sharp rise in profits year-on-year, it is about how financial acumen and operational foresight came together to deliver results. Commenting on SAIL’s performance in the first…
NHAI Successfully Defends Major Arbitration Case to Safeguard Public Funds in National Highway Projects
Achieving a significant legal and financial milestone, NHAI has secured a favorable outcome in the arbitration proceedings pertaining to Bareilly Highways Project Limited (BHPL), a concessionaire promoted by M/s Era Infra Engineering Limited for 151 km…
Steel Authority of India Limited (SAIL) has declared its financial results today on 24th July, 2026 for the quarter ending 30th June, 2026
Performance of Q1FY27 at a glance: Particulars Unit Q1 25-26 Q4 25-26 Q1 26-27 Crude steel production Million Tonnes 4.85 5.08 4.76 Sales volume Million Tonnes 4.55 5.32 4.16 Revenue from operations Rs. Crore 25,921 30,813 26,246 Earnings before…
NTPC announces Robust Financial Performance in Q1 FY27: Standalone PAT Up by 12%, Group PAT Up 13%
New Delhi, 24 th July 2026: NTPC Ltd., India’s largest integrated power utility, has announced its unaudited financial results for the first quarter ended 30.06.2026, reporting a strong all-round performance driven by operational gains and continuing…