IndianOil Corporation has started production of gas and condensate from Dirok field from August 26, marking advent of its first domestic exploration asset maturing from exploration stage to a producing asset. The energy giant holds
Maharatna PSU, Bharat Heavy Electricals Limited (BHEL), has commissioned the first unit of Tuirial hydro electric Project in Mizoram. This is the first large-rating hydro power project in Mizoram. The greenfield project is being se
Railway ministry enterprise, Konkan Railway Corporation Limited (KRCL), signed an agreement with Zurich-based Swiss Federal Institute of Technology (ETH) on Thursday. The pact will enable Konkan Railway to establish the George Fern
Oil and natural gas corporation limited (ONGC) has said that it is committed to enable organic farming in the country in line with the prime minister’s goal of doubling farmers’ income by 2022 and reducing the carbon footprint.
Union steel minister Chaudhary Birender Singh has invited Australian government and businesses to be a part of the ambitious growth and development opportunities available in India. During a meeting with an Australian delegation le
RITES Ltd, a railway ministry enterprise, has for the first time crossed benchmark turnover of Rs 1,500 crore and clocked gross turnover of Rs 1,509 crore in FY 2016-17, which is 18 percent higher than turnover of Rs 1,278 crore in 2015-16.&
Union minister Arun Jaitley unveiled the production of HAL designed Light Combat Helicopter (LCH) and dedicated upgrade program of Hawk-i (Hawk-India) aircraft to the nation. Jaitley said the defence PSU work culture and performanc
Steel Authority of India Ltd. (SAIL) chairman PK Singh has said that IISCO steel plant (ISP) has the potential to enable SAIL to take its market-share in long products from to existing seven percent to 10 percent. Long products ref
Defence minister Arun Jaitley unveiled an academy for excellence and two modern facilities— Electro Magnetic Compatibility (EMC) test facility and Near Field Antenna Test Range (NFATR) at Bengaluru-based Bharat Electronics Limited (BEL).
The government on Wednesday gave its approval for transfer of 40 acres of Airports Authority of India’s (AAI) land at Dahisar to Mumbai Metropolitan Region Development Authority (MMRDA) for its metro shed, swapping with 40 acres of Mah
Ministry of railways’ proposal of closing down Bharat Wagon and Engineering Company Limited (BWEL) has been accepted by the cabinet committee on economic affairs, chaired by the prime minister Narendra Modi on Wednesday.
Around 30 lakh LED street lights, spread across 50,000 km of roads, have been installed across the country under the centre’s street lighting national programme (SLNP). With this, Energy Efficiency Services Limited (EESL), under minist
Rural Electrification Corporation Limited (REC) and Power Finance Corporation Limited (PFC) did not conduct appropriate due diligence during credit appraisal in power generation projects and in the process assumed higher risks on the loan accoun
Hindustan Petroleum Corporation Limited (HPCL) registered profit after tax of Rs 925 crore during the quarter first of April to June 2017. Revenues for the quarter were Rs 59,891 crore against the previous year’s quarter firs
Defence ministry`s mini ratna category- 1 enterprise, BEML Limited, has clocked a turnover of Rs 632 crore in quarter one (Q1) of current fiscal (April - June 2017) compared to previous year Q1 of Rs 346 crore, up by 83 percent. Th
In order to resolve a tax-dispute between Indian Oil Corporation Limited (IOCL) and government of Odisha, a meeting was held between minister of state (I/C) for petroleum & natural gas Dharmendra Pradhan and Odisha chief minister Naveen
Steel Authority of India Ltd. (SAIL) chairman, PK Singh, during his recent visit to SAIL’s Rourkela Steel Plant (RSP), laid emphasis on product differentiation and said the enterprise has to match the best in quality, variety and stand
Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by securing export orders from Chile and Estonia. This has helped BHEL to expand and consolidate its footprint in the international market. With maiden or
Energy Efficiency Services Limited (EESL), a joint venture company of PSUs of ministry of power, signed an agreement with oil marketing companies (OMCs) of ministry of petroleum and natural gas for distribution of energy efficient appliances und
Union minister for civil aviation, P Ashok Gajapathi Raju inaugurated the upgraded passenger terminal building of Jammu airport. Notably, Jammu airport belongs to the Indian Air Force, and airports authority of Ind
