Indian Power Sector

State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector

TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […]

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Dedicated R&D Department Needed in CEA, Says R.K. Singh

Only way of improving life and system is questioning. This is the spirit I look for in my system, he added. R.K. Singh, Union Minister of State (IC) for Power and New & Renewable Energy, has stressed upon the need of a dedicated R&D department in CEA to coordinate the research in power sector. The […]

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