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Oct 19, 2023

REC bags prestigious Golden Peacock Award for risk management

Gurugram: Maharatna CPSE REC Limited has been recognized for its exceptional performance in risk management with the esteemed Golden Peacock Award. The award was presented by the Institute of Directors (IOD). V ...

BUREAUCRATS INDIA
Oct 14, 2023

RITES Ltd, IRCON accorded prestigious Navratna status

New Delhi: Two PSUs operating under the Ministry of Railways - RITES Ltd and IRCON - have been granted Navratna status. These Central Public Sector Enterprises (CPSEs) have received this prestigious recognition from the Ministry o...

BUREAUCRATS INDIA
Oct 14, 2023

Sanjay Kulshreshtha appointed Chairman and Managing Director of HUDCO

New Delhi: Sanjay Kulshreshtha appointed Chairman and Managing Director of HUDCO New Delhi: Sanjay Kulshreshtha, who is currently serving as the Executive Director at REC Limited, has been appointed as the Chairman and M...

BUREAUCRATS INDIA
Oct 09, 2023

NLC India Ltd secures 810 MW Grid Connected Solar Photovoltaic Power Project in Rajasthan

Jaipur: NLC India Limited, a Navratna Central Public Sector Undertaking (CPSE) under the Ministry of Coal, has secured a 810 MW Solar PV project capacity from Rajasthan Rajya Vidyut Nigam Limited (RRVUNL). The company successfully...

BUREAUCRATS INDIA
Oct 05, 2023

RECPDCL inks Implementation Contracts and DDF Agreements for Gujarat with AMISPs

New Delhi: In a significant milestone, RECPDCL, a wholly owned subsidiary of REC Limited specializing in power sector consultancy, has inked Implementation Contracts and Direct Debit Facility (DDF) Agreements with Advanced Me...

BUREAUCRATS INDIA
Oct 01, 2023

Sanjay Swarup assumes charge as CMD of Container Corporation, India’s largest container logistics company

New Delhi, October 1 2023: Sanjay Swarup on Sunday took over as the Chairman and Managing Director of Container Corporation of India Limited (CONCOR). This announcement follows the recent Annual General Meeting (AGM) held on ...

BUREAUCRATS INDIA
Sep 27, 2023

ONGC Inks Crude Oil Pact with MRPL

New Delhi: India's largest national oil explorer, Oil & Natural Gas Corporation Ltd (ONGC), has signed a Crude Oil Sales Agreement (COSA) with Mangalore Refinery and Petrochemicals Limited (MRPL), the largest single-locati...

BUREAUCRATS INDIA
Sep 27, 2023

ONGC inks MoU with NTPC Green Energy Limited for development of renewable energy projects

New Delhi: Oil and Natural Gas Corporation (ONGC) has joined hands with NTPC Green Energy Limited (NGEL) to work on renewable energy projects. The two companies signed a Memorandum of Understanding (MoU) on September 27, 2023. Thi...

BUREAUCRATS INDIA
Sep 17, 2023

REC extends Rs 6,075 crore to Greenko for major clean energy project

New Delhi: REC Limited, one of India's premier NBFC-IFCs, has taken a significant step towards supporting the nation's transition to clean energy by sanctioning a substantial Rs 6,075 Crore to Greenko, one of India’s...

BUREAUCRATS INDIA
Sep 13, 2023

Joshit Ranjan Sikidar assumes charge as Director of Finance at SECI

New Delhi: In a significant development for India's renewable energy sector, Joshit Ranjan Sikidar has taken on the role of Director (Finance) at the Solar Energy Corporation of India Limited (SECI). Sikidar assumed office on ...

BUREAUCRATS INDIA
Sep 10, 2023

REC Limited and PFC Sign MoU for FYs 2023-24 and 2024-25

New Delhi: In a significant development, REC Limited, a prominent Maharatna Central Public Sector Enterprise (CPSE) specializing in Power Sector Financing and Development in India, has entered into a Memorandum of Understanding (M...

BUREAUCRATS INDIA
Sep 10, 2023

No damage due to oil spill near Uran: ONGC  

New Delhi: India’s flagship energy major and a Maharatna Central Public Sector Enterprise on Sunday said that there has been no damage to either farmers or fishermen due to the minor oil spill near Uran beach, near Mumbai, r...

BUREAUCRATS INDIA
Sep 06, 2023

REC signs USD 100 million Foreign Currency Term Loan Agreement with EXIM Bank

New Delhi: REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with Export Import Bank of India (EXIM Bank). The proc...

BUREAUCRATS INDIA
Sep 02, 2023

NTPC, OIL sign MoU for renewable energy, Green initiatives

New Delhi: In a significant move towards bolstering India's renewable energy sector and advancing the nation's efforts to achieve net-zero targets, NTPC Limited and Oil India Limited (OIL) have inked a Memorandum of U...

BUREAUCRATS INDIA
Sep 01, 2023

BPCL to hire 250 specially-abled youth at 90 fuel outlets across country

New Delhi: Bharat Petroleum Corporation Limited (BPCL), one of India’s leading oil & gas manufacturing companies, in collaboration with Youth4Jobs launched an initiative ‘Silent Voices’ on 77 th Independence ...

BUREAUCRATS INDIA
Aug 15, 2023

ONGC transforming into a low-carbon energy player in a big way to scale up renewable portfolio to 10 GW by 2030

New Delhi: Energy Maharatna has crafted a robust roadmap to scale up its low-carbon energy portfolio significantly.  In line with the Hon’ble PM’s vision on renewables, which was spelt out in his Independence Day ...

BUREAUCRATS INDIA
Aug 09, 2023

NTPC Renewable Energy wins 80 MW solar project in MP

New Delhi: NTPC Renewable Energy Limited has emerged as the successful bidder for 80 MW Floating Solar projects at Omkareshwar Reservoir, Khandwa, Madhya Pradesh. The bidding was conducted on 8th August 2023 by Rewa Ultr...

BUREAUCRATS INDIA
Aug 08, 2023

Indian PSUs & corporates flex muscles on Fortune Global 500 List: Reliance Industries & IOC lead the charge

New Delhi: In a remarkable display of India's state-owned prowess, as many as eight Public Sector Undertakings (PSUs) and corporates have not only secured their positions but also climbed higher on the coveted Fortune Glo...

BUREAUCRATS INDIA
Aug 04, 2023

ONGC inks first-ever term contract in Marketing Freedom regime with BPCL for sale of crude oil

New Delhi: In a significant development, Oil and Natural Gas Corporation Limited (ONGC) has entered into a term contract with Bharat Petroleum Corporation Limited (BPCL) for the sale of crude oil from the Mumbai region, cementing ...

BUREAUCRATS INDIA
Aug 02, 2023

HPCL registers decadal high quarterly standalone profit for Q1 FY23-24 at Rs 6,204 crore.

Mumbai: Hindustan Petroleum Corporation Limited (HPCL) has reported revenue from operations of Rs 1,19,044 crore for the period April-June 2023.  The Company has reported Decadal High Quarterly Standalone Profit aft...

BUREAUCRATS INDIA
Jul 28, 2023

MRPL emerges as largest single location PSU refinery in India

New Delhi: Mangalore Refinery and Petrochemicals Ltd (MRPL), based in Karnataka and a subsidiary of Oil and Natural Gas Corporation (ONGC), has achieved the remarkable feat by becoming the single-largest PSU refinery at single loc...

BUREAUCRATS INDIA
Jul 27, 2023

Canara Bank leads in lending to state PSUs, corporations

New Delhi: Canara Bank has once again reaffirmed its position as the leading public sector bank in lending to state-owned corporations and Public Sector Undertakings (PSUs) for the fifth consecutive year.  Figures r...

BUREAUCRATS INDIA
Jul 26, 2023

ONGC leverages Vivad se Vishwas-2 Scheme to fast-track contractual dispute resolution

New Delhi: Oil and Natural Gas Corporation Limited (ONGC) has taken the lead in implementing Government’s one-time settlement scheme ‘Vivad se Vishwas – 2’, to fast-track resolution of contractual disputes....

BUREAUCRATS INDIA
Jul 24, 2023

THDCIL successfully lowered the runner of third unit of 1000 MW Tehri Pumped Storage Project

New Delhi. Rishikesh: R K Vishnoi, Chairman and Managing Director recently informed that THDCIL achieved another significant milestone with the successful lowering of the Runner of Third Unit- U#7 (250 MW variable speed Pump Turbi...

BUREAUCRATS INDIA
Jul 21, 2023

Transforming Lives: Lucknow Metro's book donation campaign unlocks the magic of reading

New Delhi: In a heartwarming event that radiated compassion and community spirit, Lucknow Metro recently celebrated the culmination of their much-appreciated campaign, 'Book Daan,' which took the city by storm nearly ...

BUREAUCRATS INDIA
Jul 20, 2023

Indian Oil Corporation secures multi-billion dollar LNG deal with ADNOC Gas and TotalEnergies

New Delhi. In a significant move towards strengthening India's energy security and meeting its growing demand for liquefied natural gas (LNG), Indian Oil Corporation (IOC), the country's top oil firm, has recently sig...

BUREAUCRATS INDIA
Jul 19, 2023

PTC India aims to revolutionize power trading with 24x7 solutions, including green energy blending and storage

New Delhi. Power Trading Corporation of India Limited (PTC India), a leading power trading company, is set to offer round-the-clock (RTC) power solutions by integrating renewable energy with thermal generation and storage, ac...

BUREAUCRATS INDIA
Jul 16, 2023

HPCL kickstarts 5 lakh tree plantation drive to achieve Net Zero

Mumbai: HPCL, a Maharatna Oil & Gas CPSE, embarked on a transformative mission as it celebrated 49 Glorious years on its foundation day by aiming to plant over 5 Lakh trees over the course of a year. To kickstart the mission, ...

BUREAUCRATS INDIA
Jul 12, 2023

SAIL clocks best ever Q 1 in production and sales

New Delhi: Steel Authority of India Limited (SAIL) has achieved record-breaking performance in the first quarter of the financial year 2023-24 (Q1 FY24) in terms of production and sales. The production of hot metal, crude steel, a...

BUREAUCRATS INDIA
Jul 12, 2023

ONGC first CPSE in India to get certified for Anti-Bribery Management System by an international accredited certification body

New Delhi: Oil and Natural Gas Corporation (ONGC) has become the first Central Public Sector Enterprise (CPSE) in India to get certified for Anti-Bribery Management System (ABMS) by an international accredited certification body, ...

BUREAUCRATS INDIA
Jul 11, 2023

MOIL achieves best ever quarterly production in April-June 2023

New Delhi: Maintaining the production tempo, MOIL has achieved its best ever quarterly manganese ore production of 4.36 lakh MT in the first quarter of FY ’24, thereby registering a substantial growth of 35 per cent over the...

BUREAUCRATS INDIA
Jul 11, 2023

NLC India Ltd bags GeM award

New Delhi: NLC India Limited, a Navaratna company under the Ministry of Coal, has bagged GeM award in the category ‘Timely Payments (CPSEs)’ for the year 2023 for its outstanding contribution in improving the reliabili...

BUREAUCRATS INDIA