PSU

BEML unveils 9 MW capacity windmill park

  BEML, a mini ratna category-1 enterprise of the defence ministry, has set a target of using 100 percent renewable energy for its own consumption.   In this connection, BEML’s 9 MW Windmill Pa

BHEL registers increase in intellectual capital

  Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recorded nearly 14 percent growth in its intellectual capital in 2016-17 fiscal. During the year, a record 508 patents and copyrights were filed by the compa

NALCO partners with CII, Odisha for outreach programmes on GST

  National Aluminium Company Limited (NALCO) has joined hands with the Confederation of Indian Industries (CII), Odisha, to organise outreach programmes for industries and other stakeholders on GST implementation. &n

EPFO inks MoU with HUDCO for Housing for All by 2022

  Taking prime minister Narendra Modi’s vision of ‘Housing for all by 2022’ forward, Employees` Provident Fund Organisation (EPFO) has amended the EPF Scheme, 1952 to provide assistance in acquiring affordable

IndianOil LPG import terminal to reduce refill backlog in Kerala

IndianOil is currently transporting bulk LPG from Mangalore to various LPG bottling plants in north Kerala through about 100 bullet trucks every day, which ply on narrow highways. A pipeline connecting the proposed LPG import terminal to Kochi R

NBCC inks MoU with MoUD for substantial growth in profit

  National Buildings Construction Corporation (NBCC), a Navratna CPSE, has signed a memorandum of understanding (MoU) for the 2017-18 fiscal with ministry of urban development (MoUD) to fix various targets on performance paramet

Bengaluru gas distribution project takes off

Ananth Kumar, union minister for parliamentary affairs and chemicals & fertilizers, inaugurated the Bengaluru City Gas Distribution (CGD) project to supply eco-friendly natural gas to households, industries and the transport sector.&

National Policy will make India a quality steel destination: Minister

The National Steel Policy (NSP) will focus on ensuring raw material security, import substitution, enhancing steel consumption, R&D of value added steel, said Chaudhary Birender Singh, minister of steel.   

Canal top solar system at NTPC plant

NTPC has energised 150 kWp canal top solar photo voltaic (PV) System on cooling water (CW) channel at its 2,320 MW Mouda thermal power project, near Nagpur in Maharashtra. The solar system makes use of side walls of CW channels as l

Nalco inks MoU with ministry of mines

Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the ministry of mines, setting higher targets in production, productivity, turnover and CAPEX for current FY 2017-18 fiscal. The MoU was formulated as per the new depa

Nationwide daily revision of petrol, diesel prices from June 16

 Public Sector Oil Marketing Companies (OMCs) have decided to start daily revision of retail selling prices (RSP) of petrol and diesel in the country with effect from June 16, 2017. Earlier, the oil marketing companies - IndianOil C

NTPC installs microgrid at NETRA

 An AC microgrid test bed of 110 KWp solar photo voltaic (PV) has been installed and commissioned at NTPC Energy Technology Research Alliance (NETRA), the R&D arm of NTPC.  System architecture and centralized control has be

BHEL to pay 79% dividend for fiscal 2016-17, highest in last three years

Bharat Heavy Electricals Limited (BHEL) has proposed an equity dividend of 79% (including 40% interim dividend paid earlier) for 2016-17 fiscal.   This is four times of the dividend paid in the previous year and also

REC clocks highest ever annual profit of Rs 6,246 cr

Rural Electrification Corporation (REC) Limited, a Navratna enterprise, focused on financing power projects, has said that its total income for 2016-17 fiscal has risen to Rs 24,096 crore as against Rs 23,757 crore in the previous fiscal.

HAL becomes key partner in ISRO’s GSLV Mk III mission

Hindustan Aeronautics Limited (HAL), a Navratna PSU, has said that the structural assemblies and propellant tankages of GSLV Mk III - India’s heaviest rocket, launched by ISRO on June 5, were produced at its Aerospace Division.

Goa Shipyard vessel goes to Mauritius

 MCGS VALIANT, the second fast patrol vessel (FPV) built by Goa Shipyard Limited (GSL) for Mauritius Coast Guard (MCG), embarked on its maiden voyage to Mauritius on May 24. The delivery of the vessel added another feather in GSL&rs

SAIL improves sales turnover

 SAIL has narrowed down its losses by around 30 percent in 2016-17 fiscal and posted an overall improvement in production, sales and productivity. The steel authority said that its EBIDTA (earnings before interest, taxes, depreciati

Civil aviation industry posts 19% growth in domestic passenger traffic

The civil aviation industry has registered a growth of 19 percent in domestic passenger traffic from about 6.1 crore in 2014 to 10 crore in 2016-17, making India the third largest aviation market globally.   Jayant S

NALCO’s Q4 net profit registers 25.23% growth

National Aluminium Company Limited (NALCO), a Navratna PSU has registered a profit in the 2016-17 fiscal.   According to the audited financial results for 2016-17, during the fourth quarter (Q4), NALCO saw a growth o

BHEL registers double digit growth

 Bharat Heavy Electricals Limited (BHEL) has achieved double digit growth and registered profit in 2016-17 fiscal. It has recorded a turnover of Rs 28,840 crore in 2016-17 fiscal, up 11 percent over the previous year - after reversing





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