Page 8 - Newsletter Jan to Mar 2024, Volume-58

Panda, MD – GRIDCO, during the meeting, RC (I/C) Meeting with Shri Amresh Kumar, MD-Odisha Hydro
apprised about the HUDCO’s activities and assured to Power Corporation (OHPC), Govt. of Odisha.
help in the development of Odisha in their power sector
fund requirements.
Meeting with Shri Gagan Bihari Swain, DF-Grid
Corporation of Odisha (GRIDCO), Govt. of Odisha.

In order to explore the potential business in Hydro Power
Sector, RC (I/C), Bhubaneswar had a meeting with Shri
Amresh Kumar, MD, OHPC. During the meeting, MD
OHPC informed that they are about to execute the Hydro
Power projects amounting to Rs.10,000 crore for which
RC (I/C), Bhubaneswar also had a meeting with Shri Gagan
the debt requirement will be in the range of Rs. 8000
Bihari Swain, DF, during the meeting, DF shown his
crore. He further informed that the debt requirement is for
inclination for takeout finance of the existing loans
a long tenure and at the interest rate range of 7 to 8%. RC
(working capital loans). The rate of interest of the existing
(I/C) apprised about the HUDCO’s activities and assured
loans are ranging from 7.20% to 8.70% and the balance
to help in all possible way for their debt requirements.
tenure in months is ranging from 3 months to 66 months. RC
(I/C) assured to look into it and help in best possible way.
Promoting Hindi

the biannual meeting of TOLIC in New Delhi. Shri Sanjay
Kulshrestha, President of TOLIC and Chairman and
Managing Director of HUDCO, chaired the session and
discussed the ongoing progress and initiatives aimed at
promoting Hindi in the designated Public Sector
Undertakings.
Approximately 170 participants, comprising heads of
offices and representatives from 53 member offices
(Public Sector Undertakings), actively participated in the
meeting. The session involved a comprehensive
assessment of the progress of Hindi in these 53 member
offices, and information regarding the advancements
made in promoting Hindi was shared.
The Department of Official Language, Ministry of Home
The programme was also graced by the esteemed
Affairs, Government of India, has delegated the task of
presence of notable individuals, including Shri S.R.
promoting Hindi in 53 existing Public Sector
Narasimhan, Chairman and Managing Director of Grid
Undertakings in Delhi to the Housing and Urban
Controller of India Limited; Shri M Nagaraj, Director
Development Corporation (HUDCO) through the Town
(Corporate Planning), HUDCO; Shri Ajay Gupta, Joint
Official Language Implementation Committee (TOLIC),
Secretary at the Ministry of Textile, Government of
Delhi (PSU)-2.
India; Shri D. Guhan, Director (Finance) at HUDCO; and
In line with this mandate, HUDCO efficiently coordinated Dr. Jitendra Kumar, Managing Director of BIRAC.
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