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REC Limited
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. It is a subsidiary of Power Finance Corporation (PFC) and is under administrative control of the Ministry of Power, Government of India. On 20 March 2019, PFC agreed to acquire a 52.63% controlling stake in REC for . On 28 March, PFC announced it had paid for the acquisition and intended to merge with REC in 2020. However, REC has maintained that merging PFC-REC is no longer an option. From 1 September 2023, REC has been included in the Morgan Stanley Capital International (MSCI) Global Standard Index. REC has diversified into non-power infrastructure and logistics, now covering airports, metro, railways, ports, and bridges. REC has 22 regional offices.. Business operations REC is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lodi Road
Lodi Road () in New Delhi, India, is named after the Lodi Gardens located on it. Two Mughal mausoleums, Humayun's Tomb and Safdarjung's Tomb, lie at the eastern and western ends of the road respectively. A number of cultural, educational, and international institutions line the road. The Jor Bagh metro station lies under Aurobindo Marg near its intersection with Lodi Road. Also located near it are Lodi colony and Lodi Estate built during British Raj in 1940s, and Lodi Road Institutional Area. History The road follows a 14th-century dirt track connecting Ghiyathpur (now Nizamuddin) village with the Bagh-i Jud (from which the present day Jor Bagh is derived), one of the earliest orchards mentioned in Sultanate records, before joining the larger road from Rewari and Gurgaon. It has been used by invading armies, most famously by Timur's troops in 1398. The road has always marked a boundary between neighbouring settlements. During the 15th century it divided the Kotla Mubarak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offer
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Market
An electricity market is a system that enables the exchange of electrical energy, through an electrical grid. Historically, electricity has been primarily sold by companies that operate electric generators, and purchased by consumers or electricity retailers. The electric power industry began in the late 19th century in the United States and United Kingdom. Throughout the 20th century, and up to the present, there have been deep changes in the economic management of electricity. Changes have occurred across different regions and countries, for many reasons, ranging from technological advances (on supply and demand sides) to politics and ideology. Around the turn of the 21st century, several countries restructured their electric power industries, replacing the vertically integrated and tightly regulated "traditional" electricity market with market mechanisms for electricity generation, transmission, distribution, and retailing. The traditional and competitive market app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Service Companies
An energy service company (ESCO) is a company that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation, energy supply, and risk management. A newer breed of ESCO includes innovative financing methods, such as off-balance sheet mechanisms, a range of applicable equipment configured in such a way that reduces the energy cost of a building. The ESCO starts by performing an analysis of the property, designs an energy efficient solution, installs the required elements, and maintains the system to ensure energy savings during the payback period."What is an ESCO?" National Association of Energy Service Provides (NAESCO). 15 Jan. 2017 . The savings in energy costs are often used to pay back the capital investment of the project over a five to twenty years period or reinvested into the building to allow the capital upgrades that may otherwise be un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NTPC Limited
NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central Public Sector Undertaking (PSU) under the ownership of the Ministry of Power and the Government of India, who is engaged in the generation of electricity and other activities. The headquarters of the PSU are situated at New Delhi. NTPC's core function is the generation and distribution of electricity to State Electricity Boards in India. The body also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management, and operation and management of power plants. It is the largest power company in India with an installed capacity of 80154.50 MW. Although the company has approximately 16% of the total national capacity, it contributes to over 25% of total power generation due to its focus on operating its power plants at higher efficiency levels (approximately 80.2% against the national PLF rate of 64.5%). NTPC currently produces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Powergrid
Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram. Power Grid transmits about 50% of the total power generated in India on its transmission network. History The Power Grid Corporation of India Limited was incorporated on 23 October 1989 under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric power transmission company for the country. Its original name was the "National Power Transmission Corporation Limited", was charged with planning, executing, owning, operating and maintaining high-voltage transmission s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Common Minimum Programme
The common minimum programme (CMP) is a document outlining the shared agenda, policy, and priorities of a coalition government in India and Nepal. It provides a framework for government operations, ensuring that all participating parties share a common understanding of the key issues and goals they aim to collectively address. The idea of CMP document has acquired prominence since coalition governments have become the norm in India in 1990s. History The United Front (India, 1996), United Front, a coalition government established in 1996, emphasized secularism, economic reforms, social justice, and empowerment of marginalized groups through its Common Minimum Programme. In 1998, the National Democratic Alliance (NDA), spearheaded by the Bharatiya Janata Party (BJP), assumed power. Its Common Minimum Programme prioritized national security, economic growth, infrastructure development, and effective governance. Additionally, it aimed to foster social cohesion, reinforce federalism, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rajiv Gandhi Grameen Vidyutikaran Yojana
Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) or Rural Electricity Infrastructure and Household Electrification Scheme was launched in 2005 with the aim to provide electricity to all rural areas. In 2013, an amount of Rs. 198.98 crore was sanctioned to the Gorkhaland Territorial Administration (GTA) under this scheme which was later renamed as Deendayal Upadhyaya Gram Jyoti Yojana and recently as " saubhagya" This scheme aimed at electrifying all villages and habitations, Providing access to electricity to all rural households andProviding electricity connection to Below Poverty Line (BPL) families free of charge. To augment resource capacities for implementation of this scheme, Ministry of Power, Govt. of India The Government of India (ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of 36 states and union territo ... involved CPSUs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan International Cooperation Agency
The Japan International Cooperation Agency (), also known as JICA'','' is a governmental agency that delivers the bulk of Official Development Assistance (ODA) for the government of Japan. It is chartered with assisting economic and social growth in developing countries and promoting international cooperation. According to the OECD, Japan's total official development assistance (ODA) (US$17.5 billion, grant-equivalent methodology, preliminary data) increased in 2022 due to an increase in its bilateral lending, which included support to Ukraine. ODA represented 0.39% of gross national income (GNI). The OECD's Development Assistance Committee published a peer review of Japan's development cooperation in October 2020. JICA was led by Shinichi Kitaoka, the former President of the International University of Japan, from 2015 to 2022. On 1 April 2022, Professor Akihiko Tanaka assumed the presidency. History JICA was formed in 2003 as a result of a comprehensive overhaul of Japan' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered Bank
Standard Chartered PLC is a British multinational bank with operations in wealth management, Wholesale banking, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group#Pink, OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a Systemically important financial institution, systemically important bank. Maria Ramos is the group chair of Standard Chartered. Bill Winters is the current group chief executive. Diego De Giorgi is the current group chief financial officer. Name The name Standa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moody’s
Moody's Ratings, previously and still legally known as Moody's Investors Service and often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Ratings provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the ''Fortune'' 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Ratings rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICRA Limited
ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. The company was established in 1991, and was originally named ''Investment Information and Credit Rating Agency of India Limited'' (IICRA India). It was a joint-venture between Moody's and various Indian commercial banks and financial services companies. The company changed its name to ''ICRA Limited'', and went public on 13 April 2007, with a listing on the Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ... and the National Stock Exchange. As of end December 2024, Moody's Corporation owns a 51.86% majority stake. ICRA Credit Rating ICRA's credit ratings are symbolic representations of its current opinion on the relative credit risks associate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
