PSU

ONGC CMD nominated to governing body of CSIR

The Prime Minister of India, in his capacity as ex-officio President of CSIR, has nominated Chairman and Managing Director of ONGC limited, Dinesh K Sarraf as a member of governing body of Council of Scientific and Industrial Research (CSIR).

NTPC commissions its first wind turbine

 National Thermal Power Corporation (NTPC), which is India`s largest power company, has commissioned its first wind turbine of 2 MW at Rojmal Wind Power Project in Gujarat.    With this, NTPC has marked its pre

SAIL chairman looks forward to higher sales in 2017-18 FY

Steel Authority of India Ltd (SAIL)’s chairman P K Singh recently reviewed the strategic sales initiatives charted out by the company’s marketing team for the current financial year at a meeting held at its Kolkata based marketing he

BHEL ventures into power generation as co-developer

BHEL has achieved a capacity addition of 6,317 MW in the utility segment, which is nearly four times more than any other manufacturer   With the commencement of commercial operation of the first unit of its 2x

CAG spots irregularities among PSUs

  The Comptroller and Auditor General (CAG) has made as many as 57 individual observations relating to 36 Central Public Sector Enterprises (CPSEs), with a total financial implication of audit observations of Rs 8,375.13 crore.

HAL turnover all time high at 17,406 crores, receives orders worth Rs 21,000 cr

Hindustan Aeronautics Limited (HAL), a Navratna CPSE, has achieved the highest ever turnover of Rs 17,406 crores for the 2016-17 fiscal.    “It is business as usual for us with the PSU doing well on expect

SAIL records best ever annual sales in 2017 fiscal

Steel Authority of India Limited (SAIL) has registered the best ever sales performance for any given year during 2017 fiscal (Apr-Mar 2017) with a growth of 8 per cent over corresponding period last year (CPLY)

BHEL commissions 500 MW thermal power plant in Uttar Pradesh

  Bharat Heavy Electricals Limited (BHEL) has commissioned the 500 MW Unit-6 of National Thermal Power Corporation Limited`s (NTPC) Feroze Gandhi Unchahar Thermal Power Plant (FGUTPP) in Uttar Pradesh.  

Govt approves disinvestment of SAIL subsidiaries

The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL), a Maharatna PSU, namely Visveswaraya Iron and Steel Plant (VISP), Bhadravati, Salem Steel Plant (SSP), Tamil

BHEL unveils 250 MW eco-friendly lignite power plant in Gujarat

 Bharat Heavy Electricals Limited (BHEL), a Maharatna PSU, has successfully commissioned 250 MW unit based on eco-friendly circulating fluidized bed combustion (CFBC) technology, using low grade coal (lignite) as the primary fuel. 

Keel for first ship of the 5 CGOPV project laid in GSL

Keel of the first Coast Guard Offshore Patrol Vessel (CGOPV) of the new 5 CGOPVs project for the Indian Coast Guard was laid at Goa Shipyard Ltd (GSL) recently by ADG K Natarajan, PTM, TM Coast Guard Commander (Western Seaboard), in the presence

IndianOil inks POL supply agreement with Nepal Oil Corporation

A memorandum of understanding for supply of petroleum, oils, and lubricants (POL) products was signed between Indian Oil Corporation Limited (IndianOil) and Nepal Oil Corporation (NOC) in the presence of petroleum minister Dharmendra Pradhan.&nb

Petroleum minister flags off ONGC Everest Expedition 2017

In what could be seen as a first of its kind initiative by any corporate to scale Mount Everest, petroleum minister of state, Dharmendra Pradhan flagged off the ONGC Everest Expedition today at at India Habitat Center in New Delhi. 

NTPC adds highest ever capacity; records highest single day generation

  With commissioning of 800 MW unit at Kudgi in Karnataka, 250 MW unit at Bongaigaon in Assam and 20 MW at Bhadla solar in Rajasthan, the total installed capacity of National Thermal Power Corporation (NTPC) group has reached to

AAI signs MoU with Daman and Diu admin for maintenance of Diu airport

The airports authority of India (AAI), a Miniratna PSU, has undertaken operation, development and maintenance of Diu airport from Diu administration.    A memorandum of understanding demonstrating the re

PSU performance: Better than expected

Central public sector enterprises (CPSEs) have done quite well despite facing headwinds, according to the Public Enterprises Survey (2015-16) that was tabled in parliament on March 21. The net worth of all the CPSEs have gone up and the

NTPC plans for 32 GW installed capacity via renewable sources

NTPC Ltd has raised Rs 2,000 crore through green masala bonds in overseas market under its $4 billion medium term note programme, union minister Piyush Goyal informed the Lok Sabha. The proceeds of these bonds will be used for finan

IIFCL gives Rs 3.5 crore for cancer treatment

An appeal was made to PSUs to contribute funds under their CSR Scheme towards Health Minister’s Cancer Patient Fund-CSR for treatment of poor cancer patients.    India Infrastructure Finance Company Limite

Sick PSUs appraisal carried out

  The Department of Heavy Industry (DHI) has been undertaking appraisal of the status of each CPSE on case to case basis and the ones having profitability potential are supported to improve their performance while the chronicall

PSUs invest funds in line with approved business plans

The board of directors of Central Public Sector Enterprises (CPSEs) take decisions as per the delegated powers to invest funds, said minister of state in the ministry of heavy industries and public enterprises Babul Supriyo in reply to a written q

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


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