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
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
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.&
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.
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
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
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
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
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
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.
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.
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 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
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
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
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
Steel Authority of India Ltd. (SAIL) has said that it was the main supplier of steel for constructing Assam’s Dhola-Sadiya bridge, which is the longest bridge in the country. The Maharatna enterprise has supplied around 90 pe
IndianOil posted a net profit of Rs 19,106 crore for 2016-17 fiscal as compared to a profit of Rs 11,242 crore in the last fiscal. The income from operations for the financial year 2016-17 was Rs 4,45,373 crore as compared to Rs 4,06,828 cro
Hindustan Aeronautics Limited (HAL) carried out first flight of light utility helicopter (LUH)-PT-2 on May 22 at its Bengaluru-based facility. The flight duration was about 22 minutes and pilots reported nil snag, HAL said.
Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by successfully commissioning another 270 MW thermal unit at RattanIndia Nasik Power Limited’s 5x270 MW thermal power project at Sinnar (Nasik) in Maharashtra.
