Highlights

  • KOLKATA: Coal India to spend Rs 1,000 crore on executives’ salary hikes this year...

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  • New Delhi: NTPC close to buying out UP government’s 50 per cent equity in Meja power project...

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  • New Delhi: Finance ministry to push through two more M&As among energy PSUs to meet selloff target. ..

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  • Hong Kong . NRDC signs MoU with Hong Kong Trade Development Council for Strategic Relationship...

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  • Kolkata: Director (HR), POSOCO Awarded with 'Women in Energy Sector - Excellence in HR Award'...

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  • Singrauli. NCL to Host International Conference on Opencast Mining Technology and Sustainability. ..

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  • New Delhi: Cabinet Approves Sale Of Government’s Stake In REC To PFC...

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  • NALCO BAGS CII-EXIM BANK BUSINESS EXCELLENCE AWARD..

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  • Vishakhapatnam: CMD, RINL, Awared with "Steelies India 2018” Award...

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  • Odisha: Volley ball tournament at MCL HQ...

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PSU in Media

CHAIRMAN COAL INDIA LIMITED REVIEWS NCL

SINGRAOULI: Shri Sutirtha Bhattacharya , CMD, Coal India Limited chaired a performance review meeting at NCL Headquarters.    NCL CMD, Shri T. K. Nag, Director (Personnel), Ms. Shantilata Sahu, Director (Technical/Operations), Shri Gunadhar Pandey, Director (Finance), Shri P. S.R.K. Sas

Posted Date :  23-08-17

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Shri Ram Vilas Paswan Addressing a Press Conference

NEW DELHI: The Union Minister for Consumer Affairs, Food and Public Distribution, Shri Ram Vilas Paswan addressing a press conference, in New Delhi on July 07, 2017. The Minister of State for Consumer Affairs, Food and Public Distribution, Shri C.R. Chaudhary is also seen.

Posted Date :  08-07-17

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Gajapathi Raju Pusapati holding a Press Conference

NEW DELHI: The Union Minister for Civil Aviation, Shri Ashok Gajapathi Raju Pusapati holding a press conference, in New Delhi . The Minister of State for Civil Aviation, Shri Jayant Sinha and the Secretary, Ministry of Civil Aviation, Shri R.N. Choubey are also seen.  

Posted Date :  27-06-17

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Press Conference on Deendayal Upadhyaya Gram Jyoti Yojana

NEW DELHI: The Minister of State for Power, Coal, New and Renewable Energy and Mines (Independent Charge), Shri Piyush Goyal releasing the booklet on rural electrification status, at a Press Conference on Deendayal Upadhyaya Gram Jyoti Yojana- Rural Electrification Scheme, in New Delhi on May 19,

Posted Date :  20-05-17

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A SMART NCR IN 2025

NEW DELHI . The one day Delhi Management Association (DMA) Diamond Jubilee National Convention on the theme “A SMART NCR IN 2025” was inaugurated by the Chief Guest of Honour- Shri Rajiv Gauba, Secretary, Ministry of Urban Development, GoI at India Habitat Centre, New Delhi on Februar

Posted Date :  16-02-17

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Aero India 2017

Bengaluru. The Union Minister for Defence, Shri Manohar Parrikar, the Union Minister for Civil Aviation, Shri Ashok Gajapathi Raju Pusapati, the Minister of State for Civil Aviation, Shri Jayant Sinha, the Minister of State for Defence, Shri Subhash Ramrao Bhamre, and other dignitaries at the Aer

Posted Date :  15-02-17

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AAIs Pune airport achieves the highest Airport Service Quality Rating.

New Delhi. Airports Authority of India got report of ACI-ASQ survey for Quarter-IV (October-December) 2016 for 11 airports. The Pune Airport has achieved the highest ACI-ASQ rating of 4.78 and is ranked 29 in the world, followed by Lucknow Airport with ASQ rating of 4.76 ranked 31 during the Qtr-

Posted Date :  11-02-17

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NTPC Q3 net profit falls 7 point 5 percent to Rs2469 crore

New Delhi: State-owned power producer NTPC Ltd on Wednesday reported a 7.5% fall in net profit in the December quarter to Rs2,469 crore from the same period a year ago on account of higher fuel and finance costs and tax liability relating to previous accounting periods.    NTPC

Posted Date :  09-02-17

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Singapore based arbitrator to preside over RIL ONGC dispute

NEW DELHI: Singapore-based arbitrator Prof Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of government's demand of $1.55 billion compensation from Reliance Industries for "unfairly" producing ONGC's gas.&nb

Posted Date :  09-02-17

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Govt mulls merger of 6 consulting firms in the EIL

New Delhi. The government is considering the merger of half a dozen state-owned consultancy firms such as Engineering Projects (India) Ltd with Engineers India Ltd (EIL) to create a mega consultancy player that can take on the might of global giants such as Bechtel.    Taking a

Posted Date :  09-02-17

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MRPL profit leaps to 92 percent in Q3

Mangaluru. Mangalore Refinery and Petrochemicals Ltd (MRPL) recorded a profit of ?566 crore in the third quarter of 2016-17 against a profit of ?295 crore in the corresponding period of 2015-16, a growth of 91.86 per cent. H Kumar, Managing Director, attributed this growth to the increase in the

Posted Date :  08-02-17

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Thermal plant load at 10 year low

NEW DELHI . Government estimates for the April-December, 2016, period show the average PLF of the thermal power stations in the country has slid to a decadal low of 59.64 per cent.      Government estimates for the April-December, 2016, period show the average Plant Loa

Posted Date :  08-02-17

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NMDC stake sale may spark extremism warns Chhatisgarh CM Raman Singh

NEW DELHI . Chhattisgarh chief minister Raman Singh has recently written to Prime Minister Narendra Modi expressing reservations about the Cabinet Committee of Economic Affairs’ (CCEA) November 2016 decision to offload 51% equity in the steel unit in favour of a private company. Singh has a

Posted Date :  08-02-17

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Indian Oil ranking rise in the Brand Finance Global 500

New Delhi. in the ‘Most Valuable Brands of 2017’ list by Brand Finance. The Brand Finance Global 500 report released yesterday included the top 500 companies globally.    In the list, government-owned insurance player Life Insurance Corporation (LIC) continues to gro

Posted Date :  08-02-17

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Govt to introduce Bill to amend AAI Act says Sinha

NEW DELHI. Government is in the process of introducing a Bill to amend the Airports Authority of India (AAI) Act that would allow for optimal utilisation of land, the Rajya Sabha was informed today.    The national civil aviation policy envisages unlocking the potential of comme

Posted Date :  08-02-17

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India reaches 50 GW of renewable energy installations

New delhi . On its way to a targeted 175GW of renewable energy installations by 2022, India has now surpassed 50GW of deployment, according to data from the Ministry of New and Renewable Energy (MNRE).    Solar continues to be deployed at an extreme pace, while the wind sector i

Posted Date :  08-02-17

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GAIL may remain a separate vertical under mega oil company

NEW DELHI . Though the government plans to merge state-run oil companies to create a behemoth t o take on competition from overseas integrated players, gas major GAIL (India) — which comes under the ambit of the proposal — may remain a separate vertical even in a merged entity. 

Posted Date :  07-02-17

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HPCL may raise USD 500 million via bond issue

Visakhapatnam. HPCL is planning to modernize its refinery in Visakhapatnam and expand its capacity from the existing 8.33 mtpa to 15 mtpa. The fund raise is basically for the Vizag refinery expansion and to complete some pipeline projects,” an HPCL official said, also on condition of anonym

Posted Date :  07-02-17

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Odisha govt asks MCL to full up two closed underground mines

BHUBANESHWAR. Odisha Chief Secretary A P Padhi directed the MCL to fill up the two closed underground mines at Deulbeda and Handhidhua with sand within three years. The Chief Secretary gave the direction while reviewing the sand filling and reclamation works of Mahanadi coalfield Limited in its m

Posted Date :  07-02-17

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BPCL conducts driving contest for fuel efficiency

New Delhi . Navratna public sector undertaking Bharat Petroleum Corporation Ltd (BPCL) conducted a fuel efficiency driving contest in New Delhi last week. The competition was part of a month long campaign launched by the Ministry of Petroleum & Natural Gas for sensitising masses about conserv

Posted Date :  07-02-17

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CIL plans to acquire coking coal assets abroad

New Delhi: CIL is exploring coking coal assets overseas as the country is faced with constraints of techno-commercially viable domestic metallurgical coal reserves, Parliament was informed today.    "CIL (Coal India Ltd) is scouting for acquiring coking coal assets abroad,

Posted Date :  07-02-17

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NTPC to shut down old power plants with capacity of 11000 MW

New Delhi: State-owned NTPC has decided to shut down old polluting power plants of capacity totalling roughly 11 GW and replace those with new ones which are highly efficient, Power Minister Piyush Goyal told the Rajya Sabha today.    Replying to questions, the Minister said the

Posted Date :  07-02-17

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Merged PSU energy giant to have global edge B Ashok IOC Chairman

MUMBAI: The merger of state-run energy companies will provide India the muscle to acquire assets abroad and negotiate better, but the business model of the new entity thus created will be key to its success, chairman of the country’s largest oil marketing firm said.    Ene

Posted Date :  07-02-17

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PSUs may go slow on new projects in FY18

NEW DELHI.The Budget proposals could lead to a further slowdown in capital expenditure by central public sector enterprises (CPSEs), delaying the investment revival in the economy. The Union Budget 2017-18 projected a five per cent decline in resource generation by public enterprises in FY18, inc

Posted Date :  06-02-17

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Business environment becoming challenging for steel sector SAIL

NEW DELHI: SAIL today said with the business environment becoming extremely challenging for the steel sector, it has identified five core areas, including optimisation of new assets utilisation, to turn impending challenges into opportunities.    "At this crucial juncture f

Posted Date :  06-02-17

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AAI dedicates new ATFM centre

New delhi . India has officially launched its Central Command Centre, Air Traffic Flow Management (C-ATM), becoming the seventh country in the world to implement the Air Traffic Flow Control (ATFM) measures.    The C-ATFM system will primarily balance capacity against demand to

Posted Date :  06-02-17

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SAILs Rourkela unit logs record output

Rourkela Steel Plant (RSP), has logged its best-ever production figures in crude steel and saleable steel in the April-January period of 2016-17. The steel unit produced 2.37 million tonne of crude steel and 2.23 million tonne of saleable steel, registering growth of 5.3% and 14% respectively.&nb

Posted Date :  04-02-17

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HAL sets up second Tejas production line

Bengaluru: Hindustan Aeronautics Ltd (HAL) has set up a second line for the series production of Tejas. The new line has come up at Aircraft Division in December 2016, with the facility now being equipped with full-fledged assembly jigs...    The second line when fully operation

Posted Date :  04-02-17

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Badarpur plant must function in summer to meet high demand

NEW DELHI . Delhi power secretary Varsha Joshi said, "We will have to reopen the Badarpur plant as soon as summer starts. We will need Badarpur power plant until we have the Tughlaqabad sub-station ready. The work has already been awarded and it has to be completed by March 2018." 

Posted Date :  04-02-17

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MTNL Borrowing Money To Meet Day to day Requirement Manoj Sinha

NEW DELHI . MTNL has been hit hard by debt and it is borrowing money to meet its day-to-day requirements, Union Minister Manoj Sinha said on Friday.    "Mahanagar Telephone Nigam Limited (MTNL) is borrowing money to meet its day-to-day requirement," Sinha said in a wri

Posted Date :  04-02-17

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362 women directors appointed at CPSUs in last 3 years Govt

New Delhi: Government on Friday said 362 women directors were appointed at various central public sector undertakings in the last three financial years.    There were "1,102, 1,109 and 1,316 appointments of directors/ additional directors" made in CPSUs in 2013-14, 201

Posted Date :  04-02-17

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Will not sell BCPL HAL to foreign companies Govt

NEW DELHI .Govt on Friday said it will not sell sick pharma Public Sector Udertakings (PSUs) — Bengal Chemicals and Pharmaceuticals (BCPL) and Hindustan Antibiotics (HAL) — to foreign firms and closure of Indian Drugs and Pharmaceuticals (IDPL) and Rajasthan Drugs & Pharmaceutical

Posted Date :  04-02-17

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Govt to auction 23 new coal mines next financial year Coal secy

New Delhi: Coal Secretary Susheel Kumar today said the government would auction 23 coal mines and allocate two coal mines through government dispensation route in the next financial year 2017-18.    He added that the government would also keep aside four coal blocks for commerci

Posted Date :  03-02-17

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NMDC workers to go on two-day national strike

RAIPUR: In a joint meeting of of All India National Mineral Development Corporation (NMDC) Karmachari Sangh at Jagdalpur, divisional headquarters of Bastar, NMDC workers have decided to conduct two-day tools down strike on February 20 and 21. Timesofindia

Posted Date :  03-02-17

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PSU power producers cut back capex due to lack of demand

NEW DELHI . While lack of power generation was a big issue earlier, lack of demand – arguably different from excess supply -- is now a serious problem. And that could be the real reason behind public sector power producers scaling back their expansion plans in 2017-18.   

Posted Date :  03-02-17

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Airports can exploit huge land assets to fly high

New Delhi . Non-metros and small towns could soon have glitzy malls, hotels and convention centres on the sprawling land parcels that belong to the Airports Authority of India (AAI) but have been lying vacant for years. Finance minister Arun Jaitley's Budget cleared the way to amend the AAI A

Posted Date :  02-02-17

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