The keel of the second coast guard offshore patrol vessel (CGOPV) of the new 5 CGOPVs project was laid at the Goa Shipyard Limited. The contract for 5 CGOPVs was signed by GSL with ministry of defence on August 26, 2016 and commenc
Steel minister Chaudhary Birender Singh has asked steel PSU, MECON, to utilise its experience and expertise in metallurgical engineering to enhance capacity utilisation and product improvement. Singh said MECON c
Bharat Earth Movers Limited (BEML), a defence PSU, has showcased its various rail and metro products at International Railway Equipment Exhibition-2017 held at Pragati Maidan in New Delhi. IREE is India’s largest international event fo
Bharat Dynamics Limited (BDL) has signed contract with Research Centre Imarat (RCI) for supply of medium range surface-to-air missiles (MRSAM) to Indian Army. The contract was signed for production, deliveries and product sup
Minister of state for power and new and renewable energy RK Singh has asked the authorities to ensure electrification of 100 electricity-strapped villages in J&K by December 2017. He reviewed power sector development in S
Larsen & Toubro (L&T) has emerged as the lowest bidder of the tender issued by Energy Efficiency Services Limited (EESL), a joint venture company of ministry of power’s PSUs to procure 50 lakh smart meters. It quoted the lowest
NTPC Unchahar has added another feather to its cap by setting a national record with 686 days of continuous generation by its 210 MW unit. Unchahar is located at Rae Bareli in Uttar Pradesh with an installed capacity of 1,060 MW, which inclu
A mobile app and website (rajasthanpuc.in), developed by Rajasthan electronics and instruments limited (REIL), was unveiled by Rajasthan’s public works and transportation minister, Yunus Khan at Jaipur. REIL, managing directo
Steel authority of India limited (SAIL), India’s largest steel producer, has inked a strategic agreement with POSCO for technical services for the enterprise’s IISCO Steel Plant (ISP) at Burnpur to assist in realising the benefit
The Airports Authority of India (AAI) has participated in the World Route 2017—a global conference for aviation sector and stakeholders where it invited over 30 key international airlines to commence operations from various cities of I
After the government’s decision to sell 10 percent stake in Hindustan Aeronautics Ltd (HAL), the defence PSU has initiated the process of initial public offer with the filing of the draft red herring prospectus with market regulator SE
The first US crude oil cargo carrying 1.6 million barrel crude oil, bought by IndianOil Corporation (OICL), from the US was received at Paradip port. The crude carrier — MT New Prosperity, having capa
Bharat Heavy Electricals Limited (BHEL) has paid a final equity dividend of 39 percent for 2016-17 FY. With this, the total dividend paid during the year stands at 79 percent. Not only the amount is four times of
ONGC Videsh Limited, an ONGC subsidiary, has completed the acquisition of 30 percent participating interest in Namibia Petroleum Exploration License offshore Namibia from Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow O
The wind tariff in India touched the lowest level of Rs 2.64 per kWh in the second wind auction conducted by Solar Energy Corporation of India (SECI)— a ministry of new and renewable energy PSU. The tariff in the auction is much lower
Finance minister Arun Jaitley reviewed capital expenditure programme and status of dividend distribution of central public sector enterprises (CPSEs) with secretaries of key ministries including petroleum, defence, power, road transport, rai
The airports authority of India (AAI) which manages 126 airports, including civil enclaves across the country, has come up with a comprehensive national register comprising details of all civil airports and airstrips in the country and the work ca
The cabinet has approved the proposal of transfer of land measuring 1,899 sq mt by airports authority of India to Lucknow Metro Rail Corportion (LMRC) at Chaudhary Charan Singh International Airport. LMRC needs the land to build an
National aluminium company limited (NALCO), a Navratna PSU, in its 36th annual general meeting has approved a total dividend payout of 56 percent. The total payout, including dividend distribution tax, works out
Prime minister Narendra Modi on Monday unveiled ONGC’s new corporate office - Deendayal Urja Bhavan, during the launch of PM Saubhagya Yojna, the government’s flagship scheme to provide electricity connection to the last mile.
