December 2016 Current Affairs

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

October 2016 Current Affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current Affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current Affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS

Damodar Valley Corporation to form JV with Neyveli Lignite for Raghunathpur plant

Damodar Valley Corporation to form JV with Neyveli Lignite for Raghunathpur plant
18 April 2016 Current Affairs: Multipurpose project Damodar Valley Corporation (DVC), now reeling under losses, would hive off its stake in the Raghunathpur thermal plant in Purulia by forming a JV with state-owned Neyveli Lignite Corporation (NLC). For the 2X600 MW plant at Raghunathpur, DVC was able to secure PPAs for 550 MW only. NLC, on the other hand, was having PPAs for 650 MW which it secured from a Karnataka power plant which had got delayed. It is a perfect fit as DVC has the power but no PPAs and vice-versa for NLC. The Karnataka government had also given its no-objection to the deal with DVC NLC will have 74 per cent stake in the JV while the remaining 26 per cent will be with DVC. Since DVC had a huge loan burden for the Raghunathpur plant, it will have to make some sacrifice for shelling out 74 per cent to NLC The proceeds of the stake sale would be used to repay the debt Earlier, talks between DVC and NTPC could not crystallise into a deal.During the last financial year, DVC had been able to recover dues worth Rs 4,770 crore from the Jharkhand government. Turnover during the last fiscal would be around Rs 13,000 crore 

Damodar Valley Corporation (DVC) : The Damodar Valley Corporation (DVC) is Public company which operates several power stations in the Damodar River area of West Bengal and Jharkhand states of India. The company operates both thermal power stations and hydel power stations under the Ministry of Power Govt of India. DVC is headquartered in the city of Kolkata, West Bengal, India.The Damodar Valley Corporation has been generating and transmitting power since 1953.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.