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  • Power plants are not suffering because of bad operations: Expert Mar 27, 2018 11:33 AM IST

    Power plants are not suffering because of bad operations: Expert

    The central government is considering the creation of a special purpose vehicle (SPV) by NTPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC). This SPV will operate stressed assets in the thermal power space.

  • Central government to create SPV to operate stressed assets in thermal power space Mar 27, 2018 08:00 AM IST

    Central government to create SPV to operate stressed assets in thermal power space

    The central government is considering the creation of a special purpose vehicle (SPV) by NTPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).

  • Will be commissioning new plant by 2021-2022: NLC India Jan 02, 2018 11:06 AM IST

    Will be commissioning new plant by 2021-2022: NLC India

    The NLC India stock will be in focus as a Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and State Bank of India (SBI) consortium will lend about Rs 11,000 crores to the company's power plant in Uttar Pradesh (UP). In an interview with CNBC-TV18, SK Acharya, Chairman of NLC India spoke about the latest happenings in his company and sector.

  • Company has lowest NPAs amongst all financing companies, says REC Aug 21, 2017 12:20 PM IST

    Company has lowest NPAs amongst all financing companies, says REC

    The Comptroller and Auditor General (CAG) earlier this month pulled up REC and PFC for failing to comply with RBI norms on loans to power companies, says due diligence was not conducted during credit appraisal. In an interview to CNBC-TV18, PV Ramesh, CMD of REC spoke about this and more importantly the future growth issues.

  • Will support if govt decides to consolidate infra financiers, says REC Jun 12, 2017 10:51 AM IST

    Will support if govt decides to consolidate infra financiers, says REC

    In an interview to CNBC-TV18, PV Ramesh, CMD of REC spoke about the latest happenings in the company and in the sector.

  • Sector seeing investments, eyeing 1500MW orders: Inox Wind Jul 13, 2015 11:19 AM IST

    Sector seeing investments, eyeing 1500MW orders: Inox Wind

    Devansh Jain, Director, Inox Wind speaks about the wind energy business in India. The company expects incremental orders worth 1,000-1,500 MW in the coming days. As of March 2015, it had an order book of 1400 MW.

  • Corporate fund raising from mkt to continue: Prime Database Jun 15, 2015 03:23 PM IST

    Corporate fund raising from mkt to continue: Prime Database

    The maximum amount of money which a bank raises, goes directly into the power and housing sectors, Prithvi Haldea, Chairman, Prime Database told CNBC-TV18.

  • Power cost to rise by 25p/unit on coal pass-through: Altius Jun 25, 2013 02:11 PM IST

    Power cost to rise by 25p/unit on coal pass-through: Altius

    Power tariffs are seen rising by 20-25 paise per unit as CCEA has now allowed power companies to pass on higher imported coal cost, the move is also seen as positive REC and PFC, says HD Khunteta, Former Dir-Finance, REC and Chairman, Altius Finserv.

  • See disbursement target of Rs 40,000cr in FY13, says PFC Nov 19, 2012 11:16 AM IST

    See disbursement target of Rs 40,000cr in FY13, says PFC

    State-run Power Finance Corporation has set a disbursement target of Rs 40,000 crore in FY13, informed CMD Satnam Singh. In an interview with CNBC-TV18, he said the company has already disbursed Rs 17,000 crore in the first half of the current fiscal year.

  • SEB package foolproof; intervention was necessary: Feedback Sep 27, 2012 12:00 PM IST

    SEB package foolproof; intervention was necessary: Feedback

    Giving his views on the financial restructuring of State Electricity Boards, Vinayak Chatterjee, Chairman of Feedback Infrastructure said that the package is fairly foolproof and this intervention was necessary otherwise nobody was able to see the road forward.

  • Retail portion of bond issue not yet fully subscribed: PFC Jan 06, 2012 11:28 AM IST

    Retail portion of bond issue not yet fully subscribed: PFC

    Despite getting bids worth Rs 10,000 crore for its bond issue, Power Finance Coporation is not closing its issue because the retail portion has not been fully subscribed yet.

  • No problem in lending to SEBs, don't want to be a bank: PFC Aug 26, 2011 10:34 AM IST

    No problem in lending to SEBs, don't want to be a bank: PFC

    Speaking to CNBC-TV18 in an exclusive interview, Satnam Singh, chairman and managing director of PFC says that the company does not see any issues as far as lending to SEBs are concerned. "Also, we are not in the process of converting self into a bank," he clarifies.

  • PFC forays into renewable energy, sets up subsidiary Jul 18, 2011 07:48 PM IST

    PFC forays into renewable energy, sets up subsidiary

    State-run lending agency Power Finance Corporation (PFC) has drawn up plans to cater to the increasing demand for renewable energy segment. As a first step, the company has created a subsidiary called PFC Green Energy Ltd for its renewable energy-based power generation arm.

  • Power companies' losses add lines to govt's brow: Shinde Jul 15, 2011 12:37 PM IST

    Power companies' losses add lines to govt's brow: Shinde

    SEBs are likely to see reforms after news reports said that the government is keen on cutting power lending companies like REC, PFC and PTC India's losses. In an interview on CNBC-TV18, power minister Sushil Kumar Shinde talks about what set those power stocks on fire yesterday.

  • State electricity board must up end level tariffs: Expert Apr 21, 2011 03:07 PM IST

    State electricity board must up end level tariffs: Expert

    A longer term worry for those exposed to the SEBs is a recent IIFL report which points out that the finances of SEBs has taken a turn for the worse. Harshvardhan Dole VP Research - Institutional Equities of IIFL, talks about the report that he wrote.

  • Sterlite Tech to spend Rs 4000cr on 3 transmission projects Apr 04, 2011 04:12 PM IST

    Sterlite Tech to spend Rs 4000cr on 3 transmission projects

    Anand Agarwal, CEO and director of Sterlite Technologies in an interview on CNBC-TV18 spoke about the latest BSE announcement they made about their wholly owned subsidiary of the Jabalpur Transmission Company completing 100% acquisition of the Bhopal-Dhule Transmission Company Ltd.

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