Category: PSU BUZZ

POWERGRID and Africa50 sign landmark PPP agreement for transmission projects in Kenya

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSU under the Ministry of Power, has signed a landmark Public-Private Partnership (PPP) agreement with Africa50 for the development of major transmission infrastructure projects in Kenya. The agreement covers the 400 kV Lessos–Loosuk and 220 kV Kisumu–Kakamega–Musaga transmission lines, with a concession period of 30 years. […]

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NIRL and SJVN sign long-term PPA for 200 MW Wind Power Project

NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL), has entered into a long-term Power Purchase Agreement (PPA) with SJVN Limited (SJVNL) for a 200 MW wind power project. The agreement marks a significant step toward strengthening India’s renewable energy capacity under the ISTS-connected Wind Power Projects (Wind-2 Tranche). The […]

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Ravi Ranjan appointed Managing Director of SBI

Ravi Ranjan has been appointed as the new Managing Director of the State Bank of India (SBI), marking a key leadership change at India’s largest public sector bank. He succeeds Vinay M. Tonse, who retired from the position in November. Ravi Ranjan’s appointment is expected to further strengthen SBI’s strategic direction and operational leadership in […]

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HURL wins best Film of the Year (2nd Prize) at FAI Annual Seminar 2025

Hindustan Urvarak & Rasayan Limited (HURL) achieved a significant milestone by winning the Best Film of the Year 2025 – 2nd Prize at the prestigious FAI Annual Seminar 2025. The award was conferred for HURL’s impactful film titled “आशा से आत्मनिर्भरता तक,” which highlights the organisation’s transformative journey and its contribution to farmer empowerment and […]

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First DV Kapur Foundation Energy Innovation Awards to strengthen India’s Energy Sector

NTPC NETRA and CSIR Scientist Receive Awards for Technological Innovations New Delhi, 14 th December 2025: Honouring the exemplary technological innovations in addressing India’s rising energy demands and supporting long-term sustainability targets, D V Kapur Foundation organized the First DV Kapur Foundation Energy Innovation Awards at SCOPE Complex in New Delhi on 12 th December […]

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Vamsi Rama Mohan Burra selected as CMD of POWERGRID

Vamsi Rama Mohan Burra, who is currently serving as Director (Projects) at Power Grid Corporation of India Limited (POWERGRID), has been selected for the prestigious position of Chairman and Managing Director (CMD), POWERGRID. His selection was finalized during a meeting of the Public Enterprises Selection Board (PESB) held on December 13, 2025. A total of […]

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BEL secures additional orders worth Rs. 776 Crore

Navratna Defence PSU Bharat Electronics Limited (BEL) has received fresh orders worth Rs. 776 crore since its last disclosure on November 14, 2025. The new contracts include advanced indigenous defence solutions such as Counter Unmanned Aerial Systems (SAKSHAM), software-defined radios, anti-drone systems, communication equipment, avionics, weapon and gun control systems, security software, medical electronics, along […]

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REC Ltd. completes Post-Issuance assurance for USD 500 Million & JPY 61.10 Billion Green Bonds under its Green Finance Framework

REC’s financed impact of 0.87 million tCO₂ could neutralize all of Delhi Metro’s 2025 emissions, and more. New Delhi, India, December 2025– REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has successfully completed post-issuance assurance for its Green Bonds worth USD 500 million (ECB 74) issued in […]

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NBCC conducts Bhoomi Poojan for Rs. 196.98 Crore Infrastructure Development at Central University of Haryana, Mahendergarh

NBCC (India) Limited today conducted the Bhoomi Poojan Ceremony for the development of infrastructural facilities and related works at the Central University of Haryana (CUH), Mahendergarh. The project, valued at Rs. 196.98 crore, has been entrusted to NBCC on a Design, Engineering, Procurement and Construction (EPC) basis. The ceremony was attended by Prof. Tankeshwar Kumar, […]

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