PSU

Taiwanese keen to invest in a petrochemicals cracker plant in India

A Taiwanese delegation comprising government officials and senior level officers of CPC Corporation, Taiwan recently met petroleum minister Dharmendra Pradhan to discuss the CPC’s proposed investment in a petrochemicals cracker plant in Indi

Price of subsidised LPG gas up by Rs 1.76 per cylinder

Indian Oil Corporation has increased the price of LPG cooking gas by Rs 1.76 per cylinder, taking cost of a subsidised cylinder from Rs 496.26 in July to Rs 498.02 in August in Delhi for domestic customers. While the price of non-su

BHEL’s turnover up by 8 percent

BHEL has reported a quantum jump in profitability and order booking in the first quarter of 2018-19 FY.   BHEL has clocked a significant jump of 109 percent in its profit before tax at Rs 226 crore, as against Rs 108 cro

No shortage of coal for power, says Piyush Goyal

Minister of railways, coal, finance and corporate affairs Piyush Goyal has denied that there is shortage of coal for the power sector. He said in the beginning of 2018-19, Coal India Limited (CIL) had a pithead stock of 55.55 millio

SAIL’s three cadets win scholarship under Khelo India Talent Identification Development scheme

Three cadets of Hockey Academy of SAIL, Rourkela Steel Plant have clinched Sports Authority of India’s scholarship under Khelo India Talent Identification Development scheme. The cadets were selected on the basis of their perf

BEL inks pact with Saab, Sweden for marketing air surveillance radar

An agreement has been signed between Bharat Electronics Ltd (BEL) and Saab, Sweden for jointly marketing L-Band 3D air surveillance radar, RAWL-03, jointly by BEL and Saab.   BEL has joined hands with Saab, Sweden and US

Five oil PSUs ink JV pact for north east gas grid

A joint venture agreement was signed amongst five petroleum and natural gas PSUs namely IOCL, ONGC, GAIL, OIL and NRL in Guwahati for executing the north-east natural gas pipeline grid project. It is being seen as a step towards PM Narendra Modi&r

Defence secretary reviews progress of aircraft carrier at Cochin Shipyard

Defence secretary Sanjay Mitra reviewed the Indigenous Aircraft Carrier (IAC) project at Cochin Shipyard Limited (CSL) on Jul 19. During the onboard visit, Mitra was given a briefing on the progress of the aircraft carrier construct

Govt relaxes production sharing contracts of pre-NELP and NELP blocks, lowers ONGC burden

In order to boost domestic production of hydrocarbon resources, the centre has approved the policy framework for streamlining operations of production sharing contracts (PSCs) in pre-NELP (new exploration licensing policy) and NELP blocks.

CSIR-NPL wants to develop petroleum certified materials with HPCL

In its bid to indigenously develop petroleum certified reference materials branded as Bhartiya Niredeshak Dravyas, CSIR- National Physical Laboratory (NPL) has signed a pact with Hindustan Petroleum Corporation Limited (HPCL). It wi

31.67 GW of renewable energy capacity installed in last three years

A total of 31.67 GW of renewable energy capacity has been installed through implementation of various renewable energy schemes and programmes in the last three years in the country. Indian Renewable Energy Development Agency (IREDA)

BDL secures export order of $14.33 million

Bharat Dynamics Limited (BDL) has achieved 65 percent of its export target for 2018-19 FY after it bagged an export order worth $14.33 million for export of light weight torpedoes to a friendly country. BDL has a dedicated unit at V

BEML joins hands with L&T to cater to Indian defence market’s needs

Defence PSU, BEML Ltd and Larsen & Toubro (L&T) have signed an agreement to jointly capitalise on the emerging opportunities in the domestic and export markets for defence products and systems. The cooperation between the tw

NTPC signs term loan agreement of Rs 1500 crore with HDFC Bank

NTPC has signed term loan agreement for Rs 1500 crore with HDFC Bank Limited on July 10 to utilise to part finance the capital expenditure of the power corporation. The loan facility is extended at an interest rate linked to three m

Nalco launches Namasya mobile app for MSMEs

Nalco has recently unveiled a mobile app Namasya (NALCO Micro & Small enterprise Yogayog Application) for the micro & small enterprises. The app is designed by Nalco to provide a platform and support to micro and small scale

Pipe conveyor system for coal transportation unveiled

Minister of railways, finance, corporate affairs and coal Piyush Goyal inaugurated Maharashtra State Power Generation Company’s (MAHAGENCO) pipe conveyor system for coal transportation from cluster of mines of Western Coalfields Limited (WCL

Wings internet telephony service launched by BSNL

State-run BSNL has unveiled internet telephony (VOIP) service named Wings on July 4. This service, using mobile numbering scheme, is being provided using IP based access network. To use the service, a customer needs to install a SIP

Civil Aviation Research Organization to come up at Hyderabad airport

Airports Authority of India (AAI) is going to set up a world-class Civil Aviation Research Organization (CARO) to find out indigenous solutions for meeting challenges thrown by burgeoning air traffic and for enhancing safety, capacity and efficien

HAL to hand over 3,100 sq mt of land to Bengaluru civic body

HAL has decided to hand over 3,100 square metre of land to Bruhut Bengaluru Mahanagara Palike (BBMP) for the proposed signal free corridor from Vellara junction to Hope Farm Junction in Bengaluru. A pact has been signed between HAL and BBMP recent

Housing and urban affairs ministry hands over 210 flats to beneficiaries

Minister of state (I/C) housing and urban affairs Hardeep Singh Puri handed over 210 flats of type two to allottees for possession under the government pool residential accommodation (GPRA) redevelopment scheme at East Kidwai Nagar in New Delhi.

Visionary Talk: Sanjay Pandey, Mumbai Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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