Category: PSU BUZZ

HAL’s LUH and CATS warrior to shine at Aero India 2025

Hindustan Aeronautics Limited (HAL) will present its latest advancements at Aero India 2025, which begins February 10 at Air Force Station Yelahanka in Bengaluru. Themed “Innovate. Collaborate. Lead.”, the exhibition will highlight HAL’s Light Utility Helicopter (LUH) alongside cutting-edge avionics, aerospace systems, and defense technologies. Key Attractions at HAL’s Pavilion (HALL-E): LUH, Hindustan Turbo Trainer […]

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NHPC and DVC Sign landmark 40-Year Power purchase agreement for Hydroelectric projects

In a significant move towards strengthening India’s renewable energy sector, NHPC Limited and Chenab Valley Power Projects Limited (CVPPL) have entered into a long-term Power Purchase Agreement (PPA) with Damodar Valley Corporation (DVC). This agreement, spanning 40 years from the Commercial Operation Date (COD), ensures a stable and sustainable supply of hydroelectric power. The deal […]

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REC DECLARES 3RD INTERIM DIVIDEND OF ₹4.30 PER SHARE; NET PROFIT UP 23% TO ₹4,029 CRORE

The Board of Directors of REC Limited, approved the limited reviewed standalone and consolidated financial results for the period ended December 31, 2024. Operational and Financial Highlights: Q3 FY25 vs Q3 FY24 (Standalone) Operational and Financial Highlights: 9M FY25 vs 9M FY24 (Standalone) Owing to growth in all the verticals, resetting of interest rates on […]

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Four NHAI General Managers promoted to Chief General Managers (Technical)

The National Highways Authority of India (NHAI) has promoted four General Managers (Technical) to the position of Chief General Manager (Technical). The promoted officers include Harish Sharma, Abdul Basit, M T Attarde, and P Sivasankar. This move aims to strengthen the technical leadership within the organization and enhance the execution of national highway projects.

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HUDCO Signs MoU with ALIMCO to support “Divyangjan & senior Citizens”

HUDCO, a Navratna CPSE signed a Memorandum of Understanding (MoU) with the ALIMCO to extend support for distribution of aids and assistive devices to Persons with Disabilities (Divyangjan) and Senior citizens all over the country.The MoU signing ceremony was held in the presence of Shri Sanjay Kulshrestha, CMD, HUDCO, and Shri Praveen Kumar, CMD, ALIMCO, […]

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NLC India Limited (NLCIL) declares Q3 2024-25 Financial Results

NLC India Limited (NLCIL), under the leadership of CMD M. Prasanna Kumar, has announced its Q3FY25 financial results. The company’s installed power generation capacity has risen to 6,731.06 MW following the successful commercial operation of NUPPL’s GTPP Unit #1 (660 MW). Key highlights include an all-time high revenue of ₹11,445 crore, a 21% increase from […]

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JNPA achieves record container handling growth in January 2025

The Jawaharlal Nehru Port Authority (JNPA) recorded a remarkable growth of 23.21% in January 2025, handling 635,665 TEUs of container traffic. This performance surpasses the figures from January 2024, further solidifying JNPA’s position as India’s best-performing port. Additionally, JNPA processed a total of 6,013,086 TEUs from April 2024 to January 2025, reflecting a 14.08% increase […]

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POWERGRID posts Profit after Tax (PAT) of ₹ 3,862 crore and Total Income ₹ 11,743 crore for Q3FY25 on consolidated basis

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ CPSE under Ministry of Power, Govt. of India, has announced unaudited financial results for the quarter and nine months ended 31st December 2024. The Company has reported PAT and Total Income of ₹ 3,862 crore and ₹ 11,743 crore respectively on consolidated basis during Q3FY25. On […]

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REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24

REC Limited, a Maharatna Public Sector Enterprise and a leading NBFC- IFC under the Ministry of Power, Government of India, has been awarded ‘Gold Shield’ under the ‘Financial Services Sector (Other than Banking and Insurance)’ category ‘ICAI Awards for Excellence in Financial Reporting for the financial year 2023-24’. The prestigious recognition reflects the commitment of […]

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