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PFC, REC disburse Rs 33,694 crore transitional loans to discoms

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February 20, 2014 Power Finance Corp and Rural Electrification Corp have disbursed transitional loans worth Rs 33,694 crore to state-owned power distribution companies. Besides, the two state-owned power sector lenders have together subscribed to Uttar Pradesh Power Corp Ltd’s (UPPCL) bonds worth Rs 2,612 crore. The government is also implementing......
NewsWire & Cable News

PolyOne expands India operations with new plant

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November 1, 2013 PolyOne has begun building a new facility in Pune, India, that will manufacture specialty materials, including solid masterbatch, liquid colorant and additives. “With advanced design capabilities and enhanced manufacturing flexibility, we will offer customers in India an even broader array of solutions and improved delivery times,” said......
NewsWire & Cable News

Bharti and Reliance Jio announce comprehensive telecom infrastructure sharing arrangement

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December 10, 2013 Bharti Airtel Limited and Reliance Jio Infocomm Limited announced a comprehensive telecom infrastructure sharing arrangement under which they will share infrastructure created by both parties. This will include optic fibre network – inter and intra city, submarine cable networks, towers and internet broadband services and other such......
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Haryana to get Rs. 1,487 crore for power reforms

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December 28, 2013 The government of India has approved power development schemes of Rs. 1,487 crore for 36 towns in Haryana for its restructured accelerated power development and reforms programme (RAPDRP). The RAPDRP would be executed in two parts. Under one part, the power distribution system would be made information......
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