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GAIL commences first green hydrogen plant under national green hydrogen mission

GAIL commences first green hydrogen plant under national green hydrogen mission

The first hydrogen green plant by State-owned GAIL (Gas Authority of India Ltd) was inaugurated in Madhya Pradesh. The plant was inaugurated by the Secretary, Ministry of Petroleum & Natural Gas, Pankaj Jain, and GAIL Chairman and Managing Director Sandeep Gupta. The plant implements a new and alternative source of energy and has been installed in line with the National Green Hydrogen Mission. The National Green Hydrogen Mission is a flagship initiative of the Governme

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RVNL emerges Lowest bidder from MMRC, Nagpur metro

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Maharashtra Metro Rail Corporation Limited (Nagpur Metro). Railway PSU Rail Vikas Nigam Limited has emerged as the Lowest Bidder (L1) from Maharashtra Metro Rail Corporation Limited (Nagpur Metro) for the “Construction of 6 Nos Elevated Metro Stations (Cantonment, Kamptee Police Station, Kamptee Municipal Council, Dragon Palace, Golf Club, and Kanhan River Metro Station) between Ch. – 7576.78mm to Ch - 13457.76m in Re

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RVNL emerges Lowest bidder from MMRC, Nagpur metro
NMDC Steel Ltd unveiled its logo

NMDC Steel Ltd unveiled its logo

 NMDC Steel Ltd. (NSL) has unveiled its logo at the NMDC Steel Plant, marking a significant stride towards sustainable steel production. The novel and symbolic logo was unveiled by Shri Amitava Mukherjee, CMD (Addl. Charge), NSL, in the presence of Shri Vinay Kumar, Director (Technical) NSL, Shri B. Vishwanath, Chief Vigilance Officer, NSL, Shri K Praveen Kumar, Executive Director, NSL, along with officials & union representatives of NSL and NMDC.

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Disinvestment of steel to takeoff for Shipping Corporation, NMDC post elections

 The disinvestment process for the state-run Shipping Corporation of India (SCI) and NMDC Steel is all set for strong momentum following the general elections in early June. The government is focused on finalizing the board composition of Shipping Corporation of India Land and Assets Ltd (SCILAL), a new entity formed to segregate SCI’s non-core real estate assets in compliance with listing requirements. Upon listing SCILAL, the Centre may invite financial bids for its entire 63.75

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Disinvestment of steel to takeoff for Shipping Corporation, NMDC post elections
Ajay Kumar Sharma to be next Director (Personnel) of SJVN

Ajay Kumar Sharma to be next Director (Personnel) of SJVN

 Ajay Kumar Sharma is set to be the next Director (Personnel) of SJVN Limited, a Shimla-based PSU under the Ministry of Power. The name has been recommended for the post by the Public Enterprises Selection Board (PESB) Panel on Friday. Presently, he is serving as General Manager in the same organization. The position of Director (Personnel) at SJVN became vacant on April 30 after the retirement of Geeta Kapur. Sushil Sharma, who serves as SJVN's Director (Projects), has taken ov

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IOCL acquires 100% equity stake in Mercator Petroleum Limited under Corporate Insolvency Resolution

State-owned Indian Oil Corporation Limited has acquired Mercator Petroleum Limited (MPL) under corporate insolvency resolution for a consideration of Rs. 154 crore. The company has provided the information through exchange filing on BSE. The objective of the acquisition is to expand Indian Oil’s Oil & Gas Limited business in India.  The listed governmental authority has approved the acquisition, of NITI Aayog, DIPAM, and NCLT. The cost of acquisition is a total Consideration

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IOCL acquires 100% equity stake in Mercator Petroleum Limited under Corporate Insolvency Resolution
HUDCO Q4 results, net profit up by 24% YoY

HUDCO Q4 results, net profit up by 24% YoY

Navratana PSU HUDCO has announced the Financial results of the quarter ended March 2024. The Total Income stands at Rs.7,948.10 Crore ( 12% YoY) and Net Profit stands at Rs.2,116.74 Crore (24% YoY ). Meanwhile, Total Comprehensive Income Stands at Rs.2,136.52 Crore ( 24% YoY) including Loan book standing at Rs.92,654 Crore ( 15% YoY). Asset Quality improved with Net Credit impaired Assets at 0.36% vis-à-vis 0.52% as of March 31, 2023. Net Worth stands at Rs.16,614.30 Crore ( 15% Y

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NTPC successfully concludes National Finales of Power Quiz 2024 and Medha Pratiyogita 2024

NTPC hosted the National Finales of the Power Quiz 2024 and Medha Pratiyogita 2024 at the Power Management Institute (PMI), Noida, celebrating an enriching journey of learning, knowledge sharing, and healthy competition among employees and their families. A total of 1,820 teams participated in these events, with 570 teams competing in the Power Quiz 2024 and 1,250 teams competing in Medha Pratiyogita 2024. The Power Quiz, spanning 47 days, aimed to create an environment of learning an

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NTPC successfully concludes National Finales of Power Quiz 2024 and Medha Pratiyogita 2024
NHPC conferred with The Economic Times HR World Future Ready Organization Award 2024-25

NHPC conferred with The Economic Times HR World Future Ready Organization Award 2024-25

NHPC, a state-owned entity, India’s premier hydropower company, has been conferred with the prestigious ‘The Economic Times HR World Future Ready Organization Award 2024-25’.  The Award has been given to NHPC in recognition of its preparedness in the areas of upskilling of employees, Environmental, Social, and Governance (ESG) interventions, Diversity, Equity & Inclusion (DE&I) initiatives, constant technological upgradations, Employee Engagement processes, robu

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Cochin Shipyard Q4 Results, net profit stood at Rs 258.9 crore

Public sector entity Cochin Shipyard Ltd (CSL) has reported a 558.823% year-on-year (YoY) jump in net profit at Rs 258.9 crore for the fourth quarter that ended March 31, 2024. While in the corresponding quarter, Cochin Shipyard posted a net profit of Rs 39.3 crore, the company said in a regulatory filing. The company's revenue from operations increased 114.33% to Rs 1,286 crore as against Rs 600 crore in the corresponding period of the previous fiscal.  EBITDA jumped to Rs 288.3

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Cochin Shipyard Q4 Results, net profit stood at Rs 258.9 crore

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