Royal Enfield opens first eastern warehouse for streamlined parts supply

RECPDCL Transfers Rajasthan IV 4A Transmission Project to Power Grid

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the Ministry of Power, has transferred a project-specific Special Purpose Vehicle (SPV), namely Rajasthan IV 4A Power Transmission Limited, to Power Grid Corporation of India Limited on 30th December 2024 in Gurugram.Power Grid Corporation of India Limited was selected as the Transmission Service Provider (TSP) through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, acting as the Bid Process Coordinator, for the development of the transmission pr..

REC Commits Rs 29.2 million Under CSR

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the Indo-Tibetan Border Police (ITBP) as part of its Corporate Social Responsibility (CSR) initiative. Under this partnership, REC has committed Rs 29.2 million to procure medical equipment for ITBP field hospitals across Leh (2), Narayanpur in Chhattisgarh (1), Itanagar in Arunachal Pradesh (1), Dehradun in Uttarakhand (1), and Lucknow in Uttar Pradesh (1). This initiative, implemented by REC Foundation, aims to benefit ITBP personnel, their families, dependents, Ex-CA..

Adani’s ITD Cementation Bags Rs 16.48 bn Vadhvan Port Contract

ITD Cementation India Ltd, a subsidiary of the Adani Group, is set to secure a contract worth Rs 16.48 billion (bn) ($198 million) for near-shore reclamation and shore protection works at the proposed Vadhvan mega port in Maharashtra. The firm emerged as the lowest bidder during the recent tender opening, with a bid 6.89 per cent lower than the Rs 17.70 bn estimate provided by Vadhvan Port Project Ltd (VPPL).VPPL is a special purpose vehicle (SPV) spearheaded by the Jawaharlal Nehru Port Authority (JNPA), which holds a 74 per cent stake, with the Maharashtra Maritime Board owning the remaining..