Corporate
Power Finance Corp up 3%
The stock gained 3.2 per cent to Rs 253.80 after the company announced that it entered a joint venture agreement with NTPC, Power Grid Corporation of India and Rural Electrification Corporation for formation of a public limited company. - Pratibha Industries bags Rs 59 cr worth NTPC order - Shinde asks power cos to start work on coal blocks in two yrs - MP drops demand of land from BHEL - Govt formally issues EGoM decision taken last month on KG-D6 allocation - TN seeks 75% power from upcoming projects - NTPC working on coal mines allotted by govt The aforesaid agreement has been signed for incorporating a joint venture company with equal equity contribution (25 per cent each) from all the four PSUs. The joint venture company will carry out the business of energy efficiency, energy conservation and climate change.loans online commented:
Such joint venture will carry some good results I hope.You have shared a updated information.Thanks for such post.
03.11.2011