New Delhi: A Ministerial Round Table Conference was held on 24th April, 2024, at the ongoing 26th edition of World Energy Congress in Rotterdam, Netherlands. The Round Table Conference discussed how the COP28 UN Climate Change Conference in Dubai was a game changer. The Ministerial Round Table also discussed energy innovation and collaboration, and implications in managing the evolving energy trilemma trade-offs. The Round Table, held on day three of the World Energy Congress, was attended by

New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24. This is in addition to Rs. 832 crore and Rs. 647 crore paid as the first and second interim dividends respectively to the Government of India.  

New Delhi: HUDCO, a non-banking financial company, has received board approval for fundraising up to Rs 40,000 crore. The company is also set to increase its borrowing limit to Rs 1.50 lakh crore. On March 20th, HUDCO's share price stood at Rs 175.70 apiece, down by 0.9%, with a market cap of Rs 35,173.38 crore. In a board meeting held on March 20th, HUDCO's directors approved an interim dividend for the financial year 2023-24. The dividend amounts to 15% per share, aggregating to Rs

New Delhi- REC Dividend 2024: The Maharatna Public Sector Undertaking under the administrative control of the Ministry of Power, Government of India REC Limited today on March 19 in its Board of Directors meeting declared the 3rd interim dividend at Rs 4.50 (Rupees Four and Paise Fifty only) per equity share of Rs 10/ - each for the financial year 2023-24. Further, as earlier informed, the record date for the said interim dividend is Thursday, March 28, 2024, and the said interim dividend sha

New Delhi: REC Limited today in its BSE filing states that the meeting of the Board of Directors, which was earlier scheduled to be held on Saturday, March 16, 2024 has been postponed. Now the meeting has been shifted to March 19, 2024, due to unavoidable circumstances. As earlier informed, the proposal related to the declaration of the 3rd Interim Dividend, if any, for the financial year 2023-24, will inter-alia be considered at the Board meeting to be held on March 19, 2024.

New Delhi: As per the exchange filing of the company, the board of directors of Power Finance Corporation has declared the third interim dividend of Rs 3 per equity share on the face value of the paid-up equity shares of Rs 10 for each as of FY 2023-24. It is also informed that 22nd March 2024 shall be reckoned as the Record Date to ascertain the eligibility of shareholders for the payment of the third interim dividend for FY 2023-24. The date of payment or dispatch of the aforesaid third int

New Delhi: POWERGRID handed a cheque of Rs 2067.68 Cr. as the second interim dividend of FY 2023-24 to Union Minister of Power, New & Renewable Energy, Sh. R. K. Singh in the presence of the Secretary (Power), Chairman and Managing Director, Director (Finance), Director (Projects), Director (Personnel), Independent Directors and EDs.

New Delhi: Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a premier Warship building Company under the administrative control of Ministry of Defence has paid an interim dividend of Rs 90.73 Crores for FY 2023-24 to its shareholders. The Interim Dividend Cheque amounting to Rs. 67.59 Crore as the government’s share was handed over to  Raksha Mantri Shri Rajnath Singh, by Cmde P R Hari, IN (Retd), Chairman & Managing Director of GRSE Ltd. Kolkata on 01 March, 2024 in New Delhi

Hindustan Aeronautics Limited, a defence PSU has declared its earnings for the third quarter of the current financial year where net consolidated profit stood at Rs 1261.5 crore in the Third Quarter of the Financial Year 2024. The profit increased by 2.2 percent year-on-year, from Rs 1155.5 crore in the same quarter of the previous fiscal year. The company’s revenue from operations stood at Rs 6061 crore for the quarter ending December 2023 as against Rs 5665.5 crore in the correspondin

The announcement was made at the 23rd edition of the World Sustainable Development Summit which was organized by TERI in New Delhi on 9 February 2024. The summit was taken into the limelight by revealing India's remarkable progress where 44 percent of the power generation is achieved from non-fossil fuel sources. Around 180 GW of the total capacity of 427 GW is from non-fossil fuel sources, almost from renewable capacity. According to the estimates, India comprises 17% of the global po