EESL Forges INR 700 Cr Partnerships at 14th Clean Energy Ministerial Meeting Updated On Mon, Jul 24th, 2023 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, hosted an event titled “Accelerating India’s Net Zero Transition through Energy Efficiency, Sustainable Cooling & Mobility” during the 14th Clean Energy Ministerial (CEM) meeting in Goa. Stanzin Chosphel, Executive Councillor, Ladakh Autonomous Hill Development Council, Leh; Pradeep Kumar […] Read more
Director (Technical) Updated On Sat, Apr 24th, 2021 by Saurenergy Director (Technical) is a member of the Board of Directors and reports to the Chairman and Managing Director. He is responsible for achieving business targets, identifying business opportunities, marketing financial products and services for the Company, providing technical and commercial guidance in appraisal of projects being funded by the Corporation. He shall also be responsible […] Read more
IIM-Tiruchi’s 2 MW Solar Plant Rings in Savings For Institute Updated On Mon, Oct 12th, 2020 by Saurenergy The Indian Institute of Management, Tiruchirapalli (Tiruchi) inaugurated its 2 MW solar plant early this month. With this, the country’s 11th IIM became the first to have such a large scale solar plant to power its campus. Started in 2011, IIM-Tiruchi took support from the Rural Electrification Corporation Limited (REC) by securing a ₹ 14.2 […] Read more
Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC Updated On Fri, Dec 7th, 2018 by Saurenergy It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
