PSU

CONCOR kicks off coastal operations

Indian Railways’ PSU, Container Corporation of India Ltd (CONCOR’s) maiden voyage vessel- SSL Mumbai was flagged off from Kandla Port to Tuticorin Port by railways minister Piyush Goyal and minister of road transport and highways, ship

What’s wrong with the Indian PSUs?

The recent move by the Hindustan Aeronautics Limited (HAL) to borrow Rs 962 crore from banks to pay salaries to its employees has once again exposed the sorry state of the public sector undertakings (PSUs). After reports of HAL’s fin

25 percent increase in coal stock in power plants, says coal ministry

In order to fulfill the energy demand in the winter season, ministry of coal has increased the coal stock and coal supply to the power plants.   Ministry claims the coal stock in power plants as on December 31, 2018 was

Vice president hands over six croreth LPG connection under PMUY

Vice president M Venkaiah Naidu on Wednesday handed over 6 croreth LPG connection under Pradhan Mantri Ujjwala Yojana (PMUY) to Delhi`s Khanpur resident, Jasmina Khatoon. Vice president while acknowledging the vision of prime minister Na

50 MW LNG project in Andaman to be built by NTPC

Prime Minister Narendra Modi laid the foundation stone of the 50 Mega Watt liquefied natural gas (LNG) based power project in south Andaman.   The Rs 387.80 crore-plant will take around 18 months to be operational.

Foundation stone laid for civil enclave at Darbhanga airport

Union minister of commerce and industry and civil aviation Suresh Prabhu and Bihar chief minister Nitish Kumar laid foundation stone for the development of civil enclave at Darbhanga airport.   Darbhanga airport belongs

BHEL to build Rs 3,500 crore supercritical thermal power plant in West Bengal

BHEL has secured a major order for developing a 660 MW supercritical thermal power plant in West Bengal.

LPG gas prices reduced by Rs 120.50 per cylinder

The government has reduced the price of non-subsidised LPG gas in Delhi by Rs 120.50 per cylinder from January 1, 2019.   The price reduction has been attributed to plummeting prices of LPG in global market and strengthe

AAI sets a new benchmark in reducing carbon footprint

 Airports Authority of India (AAI) has said it is consistently working on the 2030 Agenda for Sustainable Development. By implementing cost effective carbon mitigation action to conserve environment and reduce its adverse impact on the societ

Seven PSUs to be listed on stock exchange

 The Centre on Friday has given its go ahead to list seven central public sector enterprises (CPSEs) on the stock exchange through initial public offering (IPO) and further public offer (FPO).   The PSUs include Tel

Rs 10,806.92 crore spent by CPSEs for CSR projects in three years

The centre has said 384 CPSEs have spent Rs 10,806.92 crore for carrying out corporate social responsibility activities and projects between 2015-16 and 2017-18 FY.   According to data, 106 CPSEs incurred an expenditure

PM Modi to lay foundation of Paradip Hyderabad and Bokaro-Dhamra pipeline project

Prime minister Narendra Modi will lay the foundation of Paradip Hyderabad pipeline product project (PHPL) by IOCL and Bokaro-Angul section of Jagdishpur-Haldia & Bokaro-Dhamra gas pipeline project (PM Urja Ganga) being executed by GAIL on Dec

PM Modi dedicates new complex at Bamrauli airport in Prayagraj

Prime minister Narendra Modi unveiled a new airport complex at Bamrauli airport in Uttar Pradesh’s Prayagraj district on December 16.   Modi applauded the efforts of the airports authority of India (AAI) to complet

Foundation stone laid for Vijayawada airport terminal building

 Vice President M Venkaiah Naidu recently laid the foundation stone of new integrated terminal building of Vijayawada airport.   Vijayawada airport’s terminal building will be spread across 35,000 sq metres an

Third prototype of HAL’s light utility helicopter makes maiden flight

Soon after flying at six kms altitude, HAL’s light utility helicopter (LUH) project gathered momentum as the third prototype made its maiden flight on December 14.   HAL said the flight was flawless and the prototy

Oil marketing companies want to procure compressed bio gas

State-run oil marketing companies (OMCs), Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd. and Hindustan Petroleum Corporation Limited recently organised a roadshow in Pune aware on public on SATAT (sustainable alternative towards af

BHEL supplied equipment at NPCIL’s Kaiga unit creates world record

Equipped with BHEL-supplied nuclear power equipment, Nuclear Power Corporation of India Ltd’s Kaiga Atomic Power Station (KAPS) has set a world record for 941 days of continuous operation, surpassing the earlier world record of 940 days held

SAIL posts best ever hot metal production in a single day

Steel giant, SAIL has clocked its best ever hot metal production in a single day at 55,282 tonnes on December 13.   The previous best production of SAIL stood at 54,786 tonnes achieved on November 24 this year.

NBCC hands over GRIHA rated NABARD building in Kolkata

NBCC has handed over the NABARD regional office building project to NABARD in Kolkata. Built and delivered in a record time of 24 months, the building was unveiled by NABARD chairman Harsh Kumar Bhanwala.   The Rs 60 cro

HAL’s light helicopter clears 6 km altitude flight test

Hindustan Aeronautics Limited’s (HAL) light utility helicopter (LUH) has succeeded in achieving a key milestone of flying at six km altitude in Bengaluru.   A three-ton class new generation helicopter is designed a

6th PSU Awards

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