Rajeev Sharma

He also confirmed that the next meeting of the committee headed by the Cabinet Secretary is scheduled on Friday.

PFC to close resolution plans of 5 stressed assets in 1 month: CMD

"Worst is behind us. We may close the deal for five such projects in next one month. Five projects with our exposure of Rs 8,254 crore are in advance stage of resolution," Sharma said.

PFC signs pact with MSEDCL for Rs 3,000 crore loan

This assistance will help MSEDCL meet its operational requirements within the working capital eligibility allowed under the UDAY scheme. The loan will help MSEDCL clear its outstanding power purchase liabilities also, PFC said in a statement.

Rajeev Sharma takes over as CMD of PFC

Sharma succeeds M K Goel who retired on September 30, 2016 on attaining the age of superannuation.

Haryana gears up for first phase of Panchayat polls tomorrow

Haryana State Election Commission has made all the arrangements to ensure peaceful, free and fair conduct for the first phase of the fifth Panchayat General Elections to be held tomorrow.

REC disburses Rs 16,070 cr to Telangana Power Plant

The credit support is given to Telangana State Power Generation Corporation Ltd (TSGENCO) for setting up an ultra mega power project of capacity with 5x800 MW at Yadadri, it added.

REC likely to raise Rs 4500 cr from tax free bonds

Rural Electrification Corporation (REC) is issuing public tax free bonds, the first of its kind in the country. Rajeev Sharma, CMD, REC shares details with CNBC-TV18 post its first public issue this year.