Noida: 23/1/24:Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship, and Jal Shakti inaugurated Synopsys’ Chip Design Centre at DLF Tech Park in Noida. The event drew a distinguished audience, including senior leadership, employees, partners, and delegates from Synopsys. During his address, the Minister said, “We are certainly living in the most exciting times ...
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REC records its highest ever 9-month profit at ₹ 10,003 crores
Newdelhi:2 3/1/24:The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for the quarter & period ending 31st December 2023. Operational and Financial Highlights: Q3 FY24 vs Q3 FY23 (Standalone) Loan Sanctions: ₹ 1,32,049 crores vs. ₹ 47,712 crores, up 177%, Renewable sector constitutes 57% Disbursements: ₹ 46,358 crores vs. ₹ 29,639 crores, up 56% Interest ...
Read More »Union minister Dharmendra Pradhan launched “UCO Empower”
Dhenkanal:23/1/24: Union Education and Skill Development minister Dharmendra Pradhan launched “UCO Empower”, a business mentoring initiative by UCO Bank, a Kolkata-based public sector banking giant, in collaboration with knowledge partner Poornatha, an education company specializing in simplified entrepreneurship courses. The official launch event held at Dhenkanal, Odisha, on Saturday, January 20, also witnessed the presence of esteemed dignitaries, Shri Pankaj ...
Read More »Odisha Cabinet has approved incentive package for the JSW Group’s Electric Vehice and component manufacturing projects
Bhubaneswar:22/1/24: In a major decision that promises to significantly boost the industrial and economic landscape of Odisha, the State Cabinet has approved a special incentive package for the JSW Group’s ambitious Electric Vehicle and component manufacturing projects in Naraj, Cuttack, and Paradip. These projects, with a combined investment of over Rs 40000 crores and employment potential of over 11000, are set ...
Read More »Odisha Cabinet has approved a proposal for reducing the fee for conversion of leasehold land
Bhubaneswar:22/1/24: The state Cabinet on Monday approved a proposal for reducing the fee for conversion of leasehold land of Odisha State Housing Board (OSBH) or a Development Authority to freehold land. The Cabinet meeting chaired by Chief Minister Naveen Patnaik gave its nod to the proposal of the Revenue and Disaster Management Department to amend the Odisha Government Land Settlement ...
Read More »Coal Based Power Generation in the Country Grows 10.13% During April-December, 2023
Newdelhi:22/1/24:Coal-based power generation in the country witnessed a remarkable growth of around 10.13% during Apr-Dec’23, as compared to corresponding period of previous year while overall power generation grew 6.71% during the same period. The Domestic coal-based power generation during Apr-Dec’23 reached 872 Billion Units (BU), reflecting an increase of 7.14% from the 813.9 Billion Units (BU) generated in the corresponding ...
Read More »REC wins ICAI Award for Excellence in Financial Reporting for FY 2022-23
Newdelhi:18/1/2$:REC Limited, a Maharatna Public Sector Unit and a leading NBFC under the Ministry of Power, has been awarded ‘Plaque’ under the ‘Financial Services Sector (Other than Banking and Insurance)’ category at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23. This is the only award bestowed by the ICAI under this category and the selection ...
Read More »Cabinet Committee on Economic Affairs approved a proposal for equity investment by (i) South Eastern Coalfields Limited (SECL) for setting up 1×660 MW
New Delhi:18/1/24: The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi today approved a proposal for equity investment by (i) South Eastern Coalfields Limited (SECL) for setting up 1×660 MW Thermal Power Plant through JV of SECL and MPPGCL; and (ii) Mahanadi Coalfields Limited (MCL) for setting-up 2×800 MW Thermal Power Plant through Mahanadi Basin Powe ...
Read More »Swakalpa Mentees Shine at Sisir Saras, Odisha’s National Fair
Bhubaneswar:18/1/24:Embracing the spirit of National Start-up Day, Swakalpa mentees showcased their unique traditional products at Sisir Saras 2024, a prestigious national level fair cum exhibition organized by ORMAS, a part of the Panchayati Raj Department of Odisha. Swakalpa, a self-employment training and entrepreneurship skill development program, is led by the Odisha Skill Development Authority, in collaboration with the World Skill ...
Read More »Bureau of Indian Standards issues ‘Standardized Development and Building Regulations, 2023’
Newdelhi: “16/1/24:The Bureau of Indian Standards has issued ‘Standardized Development and Building Regulations, 2023,’ encapsulated in Special Publication SP 73: 2023. The Special Publication marks a significant stride towards revolutionizing India’s built environment. Aligned with the National Building Code of India 2016 (NBC 2016) and drawing inspiration from global best practices, these regulations set forth a comprehensive framework aimed at ...
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