PSU

Govt receives Rs 74.25 crore dividend from NBCC

 NBCC has declared final dividend of Rs 74.25 crore to the union government for 2016-17 fiscal.  The cheque has been handed over to minister of state (I/C) for housing and urban affairs Hardeep Singh Puri by NBCC, CMD, Anoop Ku

Uttar Pradesh to support GAIL to expedite projects

 Gas authority of India limited (GAIL) has sought support from the Uttar Pradesh government for expeditious implementation of piped natural gas (PNG) connectivity and compressed natural gas (CNG) vehicular conversions at several places in the

Govt revises ethanol price at Rs 40.85 per litre

The government has revised the price of ethanol at Rs 40.85 per litre under ethanol blended petrol (EBP) programme for supply to the public sector oil marketing companies—Indian oil corporation ltd (IOCL), Hindustan petroleum corporation lim

$454 million energy efficiency project launched

 Recognising India’s efforts to have a low emission-economy, the global environment facility (GEF) has partnered with Energy Efficiency Services Limited (EESL), a joint venture of ministry of power’s PSUs for creating and sustaini

Emphasis laid on generation of clean energy

 Union minister RK Singh has laid emphasis on clean power for economic development. Singh, during a consultative committee meeting, reviewed the functioning of NHPC Ltd and implementation of the solar rooftop and pumps programme.

Online draw for new LPG distributorship introduced

 Oil Marketing Companies (OMCs) – Indian oil corporation ltd (IOCL), Hindustan petroleum corporation limited (HPCL) and Bharat petroleum corporation limited (BPCL) have decided to open over 6,000 new LPG distributorships, primarily in r

RINL told to play a vital role as a steel producer

 Ministry of steel’s joint secretary Ruchika Chaudhry has advised Rashtriya Ispat Nigam Limited, a Navratna PSU, to cash in on the huge infrastructure funding by the government to build the infrastructure projects like the national high

BSNL launches 4G feature phone

 Bharat Sanchar Nigam Limited (BSNL) has rolled out 4G feature phone that is bundled with mobile services.  The miniratna enterprise has also entered into an agreement with Extramarks India Private Limited to provide online edu

Nalco rolls out mobile app

 A mobile App — Naginaa (NALCO Grahak Information and Networking App for All) -- was unveiled by National Aluminium Company Limited (NALCO).    “Naginaa is a step cmd forward by NALCO to move from c

IOCL clocks net profit of Rs 8,245 crore

 Indian Oil has registered income of Rs 2,38,828 crore for the first half of 2017-18 fiscal as compared to Rs 2,07,458 crore in the corresponding period of the last fiscal.  The enterprise’s net profit for the half year e

Govt receives dividend from Telecommunications Consultants India

Telecommunications Consultants India Ltd. (TCIL) has paid a dividend of Rs 7.082 crore to the government. TCIL has paid dividend of Rs 1,929.87 million to government till s2016-17 fiscal on the government’s initial investment

Govt to raise Rs 750 crore through disinvestment of NLCIL

Government is planning to raise Rs 750 crores through disinvestment of five percent of paid-up equity shares of NLC India Limited (NLCIL) through offer for sale (OFS) mechanism. The disinvestment of 3 percent equity shares of NLCIL

Oil PSUs create corpus of Rs 320 crore to support start-ups

 Ten public sector undertakings of ministry of petroleum and natural gas, including IOCL, ONGC, EIL, OIL, NRL, BPCL, HPCL, GAIL and MRPL, have created a corpus of Rs 320 crore to support start-up initiatives.  Since the launch

HAL hands over Sukhoi engine to IAF

 The 50th AL31FP engine, manufactured by HAL’s Koraput-based Sukhoi engine division, has been handed over to the Indian Air Force (IAF) as part of celebrations of 70th year of India-Russia diplomatic relationship. “The A

SAIL told to increase production

 Union steel minister Birender Singh criticised Steel Authority of India (SAIL) officials for tardy progress in critical areas of strategic importance.    The minister told the Maharatna enterprise to ramp up p

Bhubaneswar gets PNG supply

 Gas Authority of India Limited (GAIL) has commenced the supply of environment-friendly piped natural gas (PNG) to 255 houses in Bhubaneswar. Minister for petroleum and natural gas and skill development and entrepreneurship Dharmendra Pradhan

BHEL begins execution of 4,000 MW Yadadri thermal power project

 Bharat Heavy Electricals Limited (BHEL) has commenced the execution of the 4,000 MW Yadadri supercritical thermal power project. The order of the project was placed by Telangana State Power Generation Corporation Limited (TSGENCO). 

Jaipur airport rated as best airport in survey

 The Jaipur airport has been rated as the best airport in the category of 2-5 million passengers in ACI-ASQ (airports council international-airport service quality) survey at a function held in Mauritius. Srinagar airport was adjudged as the

INS Kiltan commissioned into Indian Navy

 INS Kiltan, the third anti-submarine warfare (ASW) stealth corvette built under project 28 (Kamorta class), was commissioned into the Indian Navy by defence minister Nirmala Sitharaman at the naval dockyard in Visakhapatnam. 

SAIL`s special grade steel used to build stealth corvette

Maharatna enterprise, Steel Authority of India Ltd. (SAIL) has supplied defence grade micro-alloyed grade of steel (DMR 249A) steel plates for the indigenously built anti-submarine warfare (ASW) stealth corvette INS-Kiltan commissioned into Indian

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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