PFC & REC prolong time period mortgage of Rs 8,520.46 crore to STPL


Power Finance Corporation (PFC) along and REC Ltd. (REC) have executed an MoU with SJVN Thermal (P) Ltd. (STPL) for extending term loan of Rs 8,520.46 crore for 2×660 MW Buxar Thermal Power Project. STPL is a wholly owned subsidiary of SJVN Limited and executing the project.

BHEL sets record with India’s highest-rated auto transformer

BHEL has successfully manufactured and tested (short circuit) India’s highest rating auto transformer at the National High Power Test Laboratory at Bina in Madhya Pradesh. Short circuit test is the most stringent, special type test for power transformers which is conducted to prove the adequacy for power transformers to withstand abnormal conditions of short circuit to ensure reliability during their operations in the field.

Jaypee University organises workshop for engineers

A one-week workshop was recently conducted by the Department of Civil Engineering, Jaypee University of Information Technology, Waknaghat (HP), in online mode on Sustainable Highway Construction. It was attended by over 100 participants. The workshop was inaugurated by JUIT vice-chancellor Prof Vinod Kumar and the closing ceremony was held by Prof Ashok Kumar Gupta, head, CED.

Fliplearn announces free access to Fliplearn Edge

EdTech startup Fliplearn has announced free access to Fliplearn Edge, its pioneering e-learning platform, for all schools across the country till March 2022. To help the institutions, Fliplearn Edge has waived its subscription fee for schools across the country so that there is seamless migration to the digital platform.

New Holland strengthens biomass aggregator range

In the wake of crop residue management, New Holland Agriculture has strengthened its range of equipment for harvesting, collecting and transporting biomass. “We have launched Big Baler 890 Plus – large square baler along with T6070 tractor for energy generation, rather than burning residue in the field,” said Sandeep Gupta, business head, Crop Solutions, New Holland Agriculture.

RLDA vice-chairman awarded ‘Lifetime Achievement Award’

Ved Parkash Dudeja, vice-chairman, Rail Land Development Authority (RLDA), has been conferred with ‘Lifetime Achievement Award’ at Realty+ E- Conclave & Excellence Awards- 2020. RLDA is a statutory Authority under the Ministry of Railways mandated with development of vacant Railway land for commercial use and creating assets for Indian Railways.

NMDC bags ‘National HR Best Practice Award’ by NIPM

National Mineral Development Corporation (NMDC) has been honoured with ‘National HR BEST Practices Award 2019’ by the National Institute of Personal Management (NIPM). NMDC was recognised for their unique and constructive human resource practices.

Nokia 2.4 launched in India

HMD Global has launched Nokia 2.4, the latest addition to the widely successful Nokia 2-series in India. The next generation Nokia 2 brings advanced AI imaging features, including night mode and portrait mode. Having 6.5” HD+ screen, it has a two-day battery life and comes with Nordic design.

Aryans College of Law awarded

Aryans College of Law, Rajpura, has been awarded “Best Private Law College in Punjab”. The award was conferred on Dr Anshu Kataria, chairman, Aryans Group of Colleges, in a virtual award ceremony. Suresh Prabhakar Prabhu, Indian Emissary to the G20 & G7 and MP, Rajya Sabha, along with Pratap Chandra Sarangi, Minister of State for MSMEs were among those present on the occasion.

British Council’s virtual fair

The British Council will host a ‘Study UK Virtual Fair’ on December 5. Prospective students can meet representatives from institutions of the UK to learn about wide range of academic courses and programmes. Representatives from over 40 UK universities will be present to interact with students help them in varsity selection.

Sany rolls out 15,000th machine

Construction equipment and heavy machinery major Sany recently rolled out its 15,000th machine from the company’s India facility. “We have expanded to a growing network of 36 dealers and over 150 customer touch points in India and South Asia,” said Deepak Garg, managing director, Sany India & South Asia.

Hybrid Equity Fund launched

Union AMC has launched Union Hybrid Equity Fund which is an open-ended hybrid scheme investing predominantly in equity and equity-related instruments. “The NFO opened on November 27 and will close on December 11.

Pay power bill online: PSPCL

Keeping in view the Covid pandemic, PSPCL CMD A Venu Prasad has urged consumers to pay power bills online. Staff members have also been advised to to go for testing in case any virus symptom appears. The corporation has asked the staff members to maintain physical distancing in every office and frequently use sanitisers.



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