PFC collaborates with Export Finance Australia (EFA) and Citi to accelerate India’s clean energy transition
Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the largest NBFC in India, has partnered with Export Finance Australia (EFA), the Australian Government’s export credit agency, to secure an ECA-backed financing facility from Citi, who acted as the Sole ECA Coordinator and Lead Arranger for the facility. This transaction marks EFA’s first-ever financing initiative […]
RECPDCL Handovers Rajgarh Neemuch Power Transmission SPV to G R Infraprojects Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, Rajgarh Neemuch Power Transmission Limited to M/s G R Infraprojects […]
Three IAS Officers Elevated as Additional Chief Secretaries in Assam
Samarth Verma takes charge as Director in Ports, Shipping & Waterways
New Deputy Secretary appointments across ministries
The central government has announced several new Deputy Secretary-level postings. Harish Kumar Kallega and Heera Lal have been appointed in the Ministry of Higher Education. Reema Jain has been appointed as Deputy Secretary in the Ministry of Defence. Vaibhav Pratap Jain has been relieved to join as Deputy Secretary in the Financial Intelligence Unit (FIU-IND). […]
S C Murmu appointed as Deputy Governor of RBI
Shirish Chandra Murmu, Executive Director of the Reserve Bank of India (RBI), has been appointed as the new Deputy Governor of the central bank for a three-year term. The Appointments Committee of the Cabinet (ACC) has approved his appointment, placing him in one of the most crucial leadership positions within RBI.
REC honored with Sustainability Icons Award 2025 for Excellence in ESG Initiatives
REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been conferred the prestigious Sustainability Icons Award 2025 for its excellence in Environmental, Social, and Governance (ESG) initiatives. The accolade was presented by Shri Arjun Ram Meghwal, Hon’ble Union Minister of State (Independent Charge) for Law & Justice, […]
REC and RECPDCL gets Best Financial Services Company award and Best Power Transmission Company award
REC Limited and its wholly owned subsidiary, REC Power Development & Consultancy Limited (RECPDCL), have achieved significant recognition by winning top accolades at the prestigious Dun & Bradstreet (D&B) 17th PSU & Government Summit 2025 award ceremony. REC Limited was honored with the Best Financial Services Company award in the Central PSU category. This recognition […]
FAST Seminar Highlights Inclusivity, Sustainability, and Responsible Tourism as Key to India’s Accelerated Tourism Growth
New Delhi, September 28, 2025 – The Foundation for Aviation and Sustainable Tourism (FAST) organized a National Seminar on Tourism Growth with the support of the Ministry of Tourism, Government of India, at the India International Centre, New Delhi. The seminar brought together senior policymakers, industry leaders, and experts to deliberate on strategies for accelerating […]