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Friday, December 14, 2018   
Adani Ports  368.95    (-0.65%)
 
Asian Paints  1340.05    (1.51%)
 
Axis Bank  618.70    (0.09%)
 
Bajaj Auto  2824.70    (-0.40%)
 
Bharti Airtel  318.80    (5.32%)
 
Coal India  246.75    (0.80%)
 
H D F C  1904.15    (-1.95%)
 
HDFC Bank  2093.75    (-0.35%)
 
Hero Motocorp  3313.50    (0.01%)
 
Hind. Unilever  1856.80    (0.21%)
 
ICICI Bank  352.10    (0.80%)
 
IndusInd Bank  1608.00    (0.07%)
 
Infosys  705.60    (1.31%)
 
ITC  275.65    (0.02%)
 
Kotak Mah. Ban...  1255.25    (-0.54%)
 
Larsen & Toubr...  1411.55    (-0.95%)
 
M & M  755.80    (-0.26%)
 
Maruti Suzuki  7654.10    (-0.13%)
 
NTPC  143.65    (1.84%)
 
O N G C  146.95    (2.58%)
 
Power Grid Cor...  185.50    (1.39%)
 
Reliance Inds.  1111.75    (0.45%)
 
St Bk of India  289.15    (0.19%)
 
Sun Pharma.Ind...  419.75    (-0.57%)
 
Tata Motors  166.90    (0.27%)
 
Tata Motors-DV...  91.65    (0.88%)
 
Tata Steel  513.40    (0.22%)
 
TCS  1989.25    (0.28%)
 
Vedanta  201.20    (0.40%)
 
Wipro  333.10    (-1.67%)
 
Yes Bank  180.35    (3.23%)
 
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Outcome of board meeting of REC
(18:27, 06 Dec 2018)
The Board of REC at its meeting held on 05 December 2018 approved the following -

1. Incorporation of Joint Venture Company between REC Transmission Projects Company (RECTPCL) and Maharashtra State Electricity Transmission Company (MSETCL) for exploration of new business opportunities in Power Sector in India and abroad;

2. Sale and transfer of Jawaharpur Firozabad Transmission, a wholly-owned subsidiary of RECTPCL and also of REC (in terms of Section 2(87) of the Companies Act, 2013), to Power Grid Corporation of India, which has emerged as the Successful Bidder (L1), through Tariff Based Competitive Bidding Process, for 'Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines'.

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