Category: PSU BUZZ

HAL Granted ‘Maharatna’ Status

Hindustan Aeronautics Limited (HAL), a leading Central Public Sector Enterprise (CPSE) under the Ministry of Defence, has achieved ‘Maharatna’ status, allowing it greater autonomy in strategic and financial decisions.The Finance Ministry approved this esteemed upgrading. In the financial year 2023-24, HAL recorded a turnover of ₹28,162 crore and a net profit of ₹7,595 crore. With […]

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NBCC Signs MoU with Navodaya Vidyalaya for Sustainable Educational Development

NBCC (India) Ltd. has signed a Memorandum of Understanding (MoU) with Navodaya Vidyalaya Samiti to embark on a transformative educational initiative. This partnership aims to construct three new permanent campus facilities in Delhi and implement solar and electric water heating systems in 331 Jawahar Navodaya Vidyalayas across India. The cumulative value of the above works […]

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Niraj Priyadershi Selected as Director (Finance) of CWC

Niraj Priyadershi, currently serving as General Manager at GAIL India Limited, has been selected for the position of Director (Finance) at the Central Warehousing Corporation (CWC). His selection was finalized during a Public Enterprises Selection Board (PESB) meeting held on October 5, 2024, where 12 candidates were interviewed for the role.

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PFC Secures largest-ever foreign currency term loan of USD 1.265 billion

PFC, a Maharatna company and leading NBFC in Indian power and infrastructure sector, is proudto announce the successful closing of issuance of largest-ever foreign currency term loan from anIndian PSU amounting to USD 1.265 billion. This landmark transaction was executed through afacility agreement with multiple banks based in IFSC GIFT City, Gandhinagar. The loan will […]

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IndianOil and Nepal Oil Corporation Sign B2B Framework Agreements for Major Petroleum Infrastructure Development in Nepal

In a significant step toward enhancing bilateral cooperation and energy security, Indian Oil Corporation Limited (IndianOil) and Nepal Oil Corporation (NOC) signed a Business to Business (B2B) Framework Agreement today in presence of Mr. Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas (MoP&NG), Government of India (GoI) and Mr. V. Satish Kumar, Chairman & […]

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NTPC achieves 219.94 BU generation upto H1 of FY 25

NTPC Ltd, India’s largest integrated power utility, recorded a generation of 219.94 billion units (BU) upto H1 of FY 2024-25, at a growth of 3.91% compared to the corresponding period of previous year. NTPC coal stations recorded a plant load factor (PLF) of 76.3% during Apr-Sept 2024.NTPC has significantly ramped up its power generation, ensuring […]

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PFC Organizes Large-Scale Shramdaan as part of Swachhta Hi Seva Campaign

New Delhi– In line with the ongoing “Swachhta Hi Seva” fortnight, PFC organized a Shramdaan activitytoday, around its corporate office bringing together over 500 enthusiastic participants from the Ministry of Power, Power PSUs, and PFC. The Shramdaan was led by Shri Srikant Nagulapalli, Additional Secretary, MoP; Smt. ParminderChopra, CMD, PFC; Dr D. Sai Baba, Joint […]

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NGEL Signs MoU with Govt of Rajasthan for development of 25 GW of RE Projects

On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for development of 25 GW of Renewable Energy Projects in the state of Rajasthan.  The MoU was exchanged between […]

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