Union minister of state for power, coal, new and renewable energy and mines, Piyush Goyal was present at the signing of power purchase agreements (PPAs) for purchase of 1050 MW of wind power under the ministry of new and renewable energy’s
The government has given ‘in-principle’ approval for strategic disinvestment of BEML Ltd to the extent of 26% of government shareholding with transfer of management control to strategic buyer, minister of state for defence Subhash Bh
The government has finalised the policy on strategic partnerships in the defence sector. The policy on strategic partnerships is intended to bring in a transparent, objective and functional mechanism to encourage b
Hindustan Aeronautics Limited (HAL) has signed an agreement for the financial year 2017-18 with the ministry of defence (MoD). The MoU outlines targets on various performance parameters of the enterprise during the year 2017-18. Th
Indian Oil Corporation Limited (IndianOil) and LanzaTech, a carbon recycling company, have signed a statement of intent to construct the world’s first refinery off gas-to-bioethanol production facility in India. LanzaTech has
Bharat Electronics Limited (BEL), a Navratna central public sector enterprise (CPSE) under the department of defence production, ministry of defence, signed an agreement for the financial year 2017-18 with the ministry.
An LPG connection that marks the 2.5 crore milestone under Pradhan Mantri Ujjwala Yojana (PMUY) was given to Gouri Sarkar, a resident of Raghunathgunj, by president Pranab Mukherjee at Jangipur in West Bengal. This marked the completion of the r
The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL) viz, Visveswaraya Iron and Steel Plant, Bhadravati, Salem Steel Plant, Tamil Nadu and Alloy Steel Plant, Durg
Mazagon Dock Shipbuilders Ltd (MDL), a miniratna schedule ‘A’ defence PSU under the department of defence production, ministry of defence, signed an agreement for the financial year 2017-18 with the ministry.
Guwahati airport is getting state-of-the-art surveillance air traffic control (ATC) radar system. The upcoming radar system is going to cover almost the entire north eastern sky. Airports Authority of India (AAI) has undertaken the
Rural Electrification Corporation (REC) Limited, a Navratna enterprise, touted as country’s leading financier in the power infrastructure sector, rang the opening bell at the London Stock Exchange on June 30. REC’s Gree
ONGC Videsh has signed agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, for acquiring 30 percent participating interest in Namibia Petroleum Exploration License 0037 for blocks 2112A, 2012B and 21
An agreement was signed between Rail Land Development Authority (RLDA), an institution under Ministry of Railways, and National Building Construction Corporation (NBCC), an urban development PSU, for implementation of station redevelopment p
The retail portion of Rashtriya Chemicals & Fertilizers Ltd (RCFL), a Miniratna category one CPSE, offer for sale (OFS) got an overwhelming response from retail investors. Against the 20 percent portion amounting to Rs 40.96 cr
In order to promote increased participation of SC/ST entrepreneurs in the ship building sector, Goa Shipyard Limited organized its first National Vendor Development Program exclusively for micro and small industries (MSEs) owned by SC/ST ent
Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries, Ltd. (KHI), Japan for the manufacture of stainless steel coaches and bogies for metros. The agreement co
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
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
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
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
