PSU Watch

Hi! Time for a brief #NewsWrap for Friday from #PSUWatch & #DefenceWatch -- #NTPC #REL begins commercial supply of 37.50 MW from Sadla solar project* https://lnkd.in/gKtaKjTx #PFC Consulting incorporates SPV to develop transmission system* https://lnkd.in/gBPATevW *Coal exchange on anvil, work underway to raise output to meet demand* https://lnkd.in/gVGJDCS5 #NBCC secures work orders worth Rs 368.75 crore across key infra projects* https://lnkd.in/gwtmgpri *How Manmohan Singh defended landmark 1991 Union budget* https://lnkd.in/gZYPyTV8 *Singh's contributions as architect of India's economic reforms have left indelible mark: RBI Governor* https://lnkd.in/g36Fpdgv #IRCON secures Rs 89 crore contracts for TRD maintenance with Northeast Frontier Railway* https://lnkd.in/gcEkDwRs #IREDA launches revamped intranet portal; pays homage to former PM Dr Manmohan Singh* https://lnkd.in/gc9Q84fc #AdaniPorts orders 8 tugs with #CochinShipyard for Rs 450 crore* https://lnkd.in/gf-aQtdy Govt issues allocation order to #Hindalco Industries for coal mine in Odisha https://lnkd.in/gY4m-SCP #RINL holds 42nd AGM; CMD highlights achievements and challenges https://lnkd.in/g6_SSEYF #CorporateWatch #HeroFutureEnergies commissions 29 MW solar project in #Karnataka https://lnkd.in/gP4tkGZ9 #DGCA orders suspension of 2 Akasa directors for lapses in pilots training https://lnkd.in/gvjSMgkD *India's #forex reserves drop by $8.478 billion to $644.391 billion https://shorturl.at/G8oSV Govt issues allocation order to Hindalco Industries for coal mine in Odisha https://shorturl.at/fo2T1 #JSW Neo Energy to acquire 4.7 GW RE platform O2 Power* https://lnkd.in/gTc5yU5V *PSU banks to cross Rs 1.5 lakh crore profit in FY'25, low deposit mobilisation concern https://shorturl.at/8EIb7 Defence Watch #China tests 6th Generation Stealth Fighter Jet: Reports https://shorturl.at/MeRPm *All you need to know about upcoming India-Nepal joint military exercise Surya Kiran https://shorturl.at/LsAMn #CSRWatch #REC commits Rs 14 crore under CSR for advanced cancer treatment in UP https://shorturl.at/w2kgO -- You stand updated for Friday. Good night.

Hero Future Energies (HFE) on Friday announced the commissioning of a 29 MW solar project at Chitradurga in Karnataka Hero Future Energies https://lnkd.in/gtAAPnmq

#CSRWatch REC under its CSR initiative will provide financial assistance of Rs 14 crore for the procurement of a Linear Accelerator (LINAC) machine in Trauma Centre established by SSB in Firozabad District of Uttar Pradesh REC Limited https://lnkd.in/gMZrM_p3

The coal sector is likely to witness a spate of activities in the upcoming year from launching maiden coal exchange to facilitating trading and rate determination Ministry of Coal - Official https://lnkd.in/gVGJDCS5

PFC Consulting has incorporated a project special purpose vehicle to set up an electricity transmission system Power Finance Corporation Ltd. https://lnkd.in/gBPATevW

NTPC REL, has begun commercial supply of electricity from a first part capacity of 37.50 MW out of 200 MW of Gujarat Solar PV Project in Sadla from December 21 NTPC Limited https://lnkd.in/gKtaKjTx

NBCC (India) Limited on Friday informed that it has secured work orders worth Rs 368.75 crore across key infra projects NBCC (India) Limited https://lnkd.in/gwtmgpri

Low NPAs and double-digit credit growth are expected to drive profits of public sector banks past the Rs 1.5 lakh crore milestone in 2024-25 https://lnkd.in/gNpbQi4B

Manmohan Singh's contributions as the architect of India's economic reforms have left an indelible mark, RBI Governor Sanjay Malhotra said on Friday as he paid tribute to the departed soul https://lnkd.in/g36Fpdgv

Singh's historic reforms not only rescued India from near bankruptcy but also redefined its trajectory as a rising global power https://lnkd.in/gZYPyTV8