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Tuesday, December 11, 2018   
Adani Ports  356.90    (-0.68%)
 
Asian Paints  1323.95    (4.03%)
 
Axis Bank  604.25    (2.42%)
 
Bajaj Auto  2745.80    (0.87%)
 
Bharti Airtel  290.10    (-1.43%)
 
Coal India  242.20    (1.51%)
 
H D F C  1905.45    (-0.20%)
 
HDFC Bank  2060.80    (-1.36%)
 
Hero Motocorp  3035.45    (-0.22%)
 
Hind. Unilever  1795.20    (-0.11%)
 
ICICI Bank  342.75    (-1.04%)
 
IndusInd Bank  1552.60    (-0.15%)
 
Infosys  674.25    (0.97%)
 
ITC  274.65    (1.84%)
 
Kotak Mah. Ban...  1218.50    (1.70%)
 
Larsen & Toubr...  1364.70    (-0.13%)
 
M & M  723.40    (1.77%)
 
Maruti Suzuki  7309.85    (-0.55%)
 
NTPC  137.60    (0.95%)
 
O N G C  138.35    (0.80%)
 
Power Grid Cor...  180.15    (0.28%)
 
Reliance Inds.  1096.20    (0.71%)
 
St Bk of India  281.20    (2.85%)
 
Sun Pharma.Ind...  421.80    (5.75%)
 
Tata Motors  158.20    (0.86%)
 
Tata Motors-DV...  86.10    (-0.17%)
 
Tata Steel  501.60    (-0.09%)
 
TCS  1998.35    (1.19%)
 
Vedanta  193.60    (0.47%)
 
Wipro  328.95    (0.50%)
 
Yes Bank  177.40    (7.29%)
 
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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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