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Share market update: PSU shares trade higher; BHEL up 3%

By Editor News on January 11, 2020

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Share market update: PSU shares trade higher; BHEL up 3%
The Nifty PSE index was trading 0.71 per cent up at 3172.1 .

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Air India to be officially handed over to Tata Group today, says Chairman N Chandrasekaran in Delhi

Shri V K Singh has been Appointed as Director (Technical) REC Limited

The Public Enterprises Selection (PESB) held interview for the selection of Director(Technical), Rural Electrification Corporation Ltd. The PESB has recommended the name of Shri V K Singh for the post of Director(Technical), Rural Electrification Corporation Ltd. He has been presently serving as Executive Director, Rural Electrification Corporation Ltd.

Centre assures renewable energy sector stakeholders of early resolution of regulatory issues

The Ministry of Power and New and Renewable Energy has assured renewable energy sector stakeholders that it is working to resolve regulatory issues at the earliest. This assurance was given at a meeting between the Minister of Power and New and Renewable Energy, R.K. Singh, and renewable energy sector stakeholders on October 20, 2023. Some of the key regulatory issues discussed at the meeting included: Dual connectivity: Renewable energy developers have been demanding dual connectivity, which will allow them to sell their power to multiple buyers. The Center has assured stakeholders that it is working on a framework for dual connectivity. Contractual conditions: Renewable energy developers have also raised concerns about certain contractual conditions, such as the requirement to pay liquidated damages for delays in commissioning projects. The Center has assured stakeholders that it is reviewing these contractual conditions. Demand charges: Renewable energy developers ...