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NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central Public Sector Undertaking (PSU) under the ownership of the Ministry of Power and the Government of India, who is engaged in the generation of electricity and other activities. The headquarters of the PSU are situated at New Delhi. NTPC's core function is ...
Bifurcated into the Ministry of Energy and the Department of Irrigation (which was brought under the ministry in January 1980) was elevated to the new Ministry of Irrigation. [3] Irrigation 9 June 1980 January 1985 Merged with the Ministry of Power to once again, form the Ministry of Irrigation and Power. [3] Irrigation and Power January 1985
Ministry of Finance: New Delhi: Services Industrial financing 82 Il Power Electronics Limited: 2000 Ministry of Heavy Industries & Public Enterprises D/o Heavy Industries: Kota, Rajasthan: Enterprises Under Construction 83 India Infrastructure Finance Company: 2006 Ministry of Finance D/o Economic Affairs: New Delhi: Services Financial Services 84
In 1951, there were five PSUs under the ownership of the government. By March 2021, the number of such government entities had increased to 365. [4] These government entities represented a total investment of about ₹16,410,000,000,000 as of 31 March 2019. Their total paid-up capital as of 31 March 2019 stood at about ₹200.76 lakh crore.
Joint Venture agreement signed between NPCIL and NTPC in May 2023 for the construction of the indigenously built nuclear reactor. Construction to start by mid - 2024 and is anticipated to complete within 4-5 years. [15] Bhimpur, Shivpuri in Madhya Pradesh: 2800 (4 × 700 MW) There has been no recent progress or updates on the nuclear power plant.
The Ministry of Finance (IAST: Vitta Maṃtrālaya) is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India.In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget.
On 2 July 1998, recognizing the needs for reforms in the electricity sector nationwide, the Government of India moved forward to enact the Electricity Regulatory Commission Act of 1998, [1] which mandated the creation of the Central Electricity Regulation Commission with the charge of setting the tariff of centrally owned or controlled generation companies.
Power Finance Corporation Ltd. (PFC) is an Indian public sector company engaged in infrastructure finance activities. Established in 1986, it provides financing for the Indian power sector and is under the admistrative control of the Ministry of Power, Government of India. [2] PFC was classified as a 'Maharatna' enterprise on 12 October 2021.