REC, PVUNL sign pact to build thermal plant in Jharkhand

PVUNL is a subsidiary of NTPC

GN Bureau | November 22, 2017


#PSU   #REC   #PVUNL   #power plant   #Jharkhand  

 REC and Patratu Vidyut Utpadan Nigam Limited (PVUNL) have inked an agreement to set up 3x800 MW Patratu super thermal power project in Jharkhand. 

The project cost of Rs 18,668 crore is funded in debt and equity ratio of 75:25.  The entire debt component of project of Rs 14,000 crore is sanctioned by REC as sole lender for the project.
 
PVUNL is a subsidiary of NTPC, holding 74 percent stake in the enterprise and 26 percent of stake held by Jharkhand Bijli Vitran Nigam Limited (JBVNL), the discom utility of Jharkhand.
 

Comments

 

Other News

`M`rashtra muni. corpns face major governance, citizen participation gaps`

A statewide consultation organised by Praja Foundation has highlighted major governance, financial, and citizen participation gaps across Maharashtra’s Municipal Corporations, calling for urgent reforms to strengthen urban local bodies in line with the 74th Constitutional Amendment Act. &nb

When children stay healthy, they stay in school

Learning Begins with Wellbeing The future of education is often discussed through the lens of classrooms, technology, and learning outcomes. Yet one of the most critical drivers of a child’s ability to learn remains surprisingly overlooked: their health.  

India lost Rs 52,000 crore to cyber fraud in five years: DoT

India has lost more than Rs 52,000 crore to cyber fraud over the last five years, officials have revealed. Out of approximately 60 lakh cyber fraud complaints received, more  than 3,000 cases have been resolved and six cyber fraud setups have been busted.   On the occ

India must not wait for its own Ella

In many Indian cities, children learn to wear masks before they are old enough to understand why. That reality should alarm us far more than it does.   In 2020, nine-year-old Ella Adoo Kissi Debrah became the first person in the world to have air pollution officially recognized a

An ode to the cradle of humankind

The Alphabets of Africa: Poems By Abhay K. Vintage Classics, 280 pages, ₹499.00   Abhay K

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter