PFC
GIS substation inaugurated in Jaipur, under IPDS
- Nov 1, 2021
State power discom Jaipur Vidyut Vitran Nigam Ltd (JVVNL) recently commissioned a GIS substation at Jaipur, making it the first GIS substation in Rajasthan. The 33/11kV GIS (gas insulated switchgear) substation was commissioned under the Centrally-sponsored Integrated Power Development Read more
Power Finance Corporation: Jha takes charge as Director (Projects)
- Oct 28, 2021
Power Finance Corporation Ltd (PFC) has announced the appointment of Rajiv Ranjan Jha as the company’s Director (Projects). A release by PFC said that Jha was earlier working as Executive Director (Projects) in PFC before his elevation to the Read more
EESL appoints Arun Kumar Mishra as CEO
- Oct 13, 2021
Energy Efficiency Services Ltd has announced the appointment of Arun Kumar Mishra as Chief Executive Officer (CEO) on deputation. He will be responsible for EESL’s operations across the nation. Mishra is a Read more
GIS substation and RT-DAS control system inaugurated in Dehradun
- Oct 5, 2021
A GIS substation and RT-DAS control system, as part of the Integrated Power Development Scheme (IPDS), was recently inaugurated at Dehradun in Uttarakhand. According to a release by Power Finance Corporation, the nodal agency for IPDS, the inauguration was Read more
AT&C losses of discoms improve to 20.93 pc in FY20: PFC Study
- Sep 28, 2021
The aggregate technical and commercial (AT&C) losses of power distribution utilities improved year-on-year to stand at 20.93 per cent in FY20, according to a recently-released report by Power Finance Corporation. The “Report on Performance of Power Utilities: 2019-20” newly Read more
AtmaNirbhar Package: PFC, REC lend Rs.85,000 crore to discoms, so far
- Sep 24, 2021
Power sector lending institutions Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have together disbursed around Rs.85,000 crore to discoms so far, under the AtmaNirbhar Package, a reliable media report said. In the second tranche, beginning January this Read more
PGCIL infuses fresh equity in EESL, raises stake significantly
- Sep 16, 2021
Power Grid Corporation of India Ltd (PGCIL), in a stock exchange filing, said that it has made a fresh equity infusion in its joint venture Energy Efficiency Services Ltd (EESL). The filing said that PGCIL has infused equity worth Read more
PGCIL to increase equity stake in EESL, board approval in place
- Aug 12, 2021
The board of directors of Power Grid Corporation of India Ltd (PGCIL), in a meeting held on August 10, 2021, approved the infusion of fresh equity capital in its joint venture Energy Efficiency Services Ltd (EESL). In a stock Read more
New substation commissioned in UT of J&K under IPDS scheme
- Aug 5, 2021
A new power substation has been commissioned under the Centrally-sponsored Integrated Power Development Scheme (IPDS) in the UT of Jammu & Kashmir. In a release, IPDS nodal agency Power Finance Corporation said that the 33/11kV, 6.3MVA substation at Nonial Read more
9th Annual Survey of Discoms: Five out of 41 secure “A+” rating, Gujarat tops
- Jul 17, 2021
Five out of the 41 state government-owned power distribution companies have scored the best “A+” rating, as per the “9th Annual Integrated Rating of State Power Distribution Utilities”. This report, coordinated by Power Finance Corporation (PFC) with the participation Read more