Rural Electrification Corporation

Discoms' dues to gencos down by Rs 24,000 crore on back of loan scheme

But cumulative dues remain at a high of Rs 1.13 trillion

Power shocks: Discoms need transparency

Only transparent pricing and accounting will help the discoms recover their dues

Fresh setback for NARCL as two power NBFCs PFC and REC back out

Bad bank unlikely to take up any power assets in the first list

Rs 75,000 cr disbursement to discoms under special liquidity scheme

Under the scheme, govt-owned lenders PFC and REC extended special one time loan to discoms to clear their due to the power generating companies

A long jump for IIFCL as DFI tag to support financial needs, growth

Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations

Renewable, T&D assets dominate PFC & REC loan books as thermal loses steam

Stress in conventional power generation space and no new private investment in the sector see the two lenders gradually shift to newer areas

Equity capital markets proceeds up 38% at $21.4 billion in 2019

Initial public offerings experienced their third consecutive annual decline, totalling $2.5 billion in 2019, down 46.2 per cent from last year

Don't be lured by PFC, REC valuations

Investors should gauge if they meet the promise on loan upgrades before taking new positions

Rural Electrification Corp Q1 net profit down 8.42% at Rs 1,301.14 crore

The company's net profit was Rs 1,420.86 crore in the quarter ended June 30, 2016

Rural Electrification Corp to seek approval to raise Rs 50,000 crore

REC board had, earlier this month, cleared the company's fund raising plans