News on companies in public and private sector.
In September 2023, the country’s coal output achieved a remarkable milestone with the production of 67.21 million tonnes (MT) of coal, surpassing last year’s figure of 58.04 MT for the same month. This represents a significant increase of 15.81%. Coal India Limited (CIL) contributed to this growth by producing 51.44 MT in September 2023, a…
Indian Renewable Energy Development Agency Ltd. (IREDA), a distinguished Mini Ratna (Category – I) enterprise under the Ministry of New and Renewable Energy, Government of India, has reached a remarkable milestone by reporting an all-time high Quarterly Profit After Tax (PAT) of INR 295 crores, along with a Profit Before Tax (PBT) of INR 440…
A record number of auctions of mineral blocks across various major mineral states have been announced by the ministry of mines. The ministry has announced the auctions 105 mineral blocks during FY 2022-223. Madhya Pradesh has recorded 29 auctions. Iron Ore is the mineral that has faced the highest number of 33 auctions during the…
The Coal Ministry is engaged in promoting mine tourism through developing eight Eco-Parks on reclaimed land in different parts of the country. Further, it’s all set to complete two more such parks in 2022-23. Recently Coal, Mines and Parliamentary Affairs minister Pralhad Joshi inaugurated Jhurey/Bal Gangadhar Tilak Eco-Park of Western Coalfields Limited’s (WCL). …
India’s largest power generation company, NTPC and Tecnimont Private Limited, the Indian subsidiary of the Maire Tecnimont Group of Italy have signed a Memorandum of Understanding (MOU) to jointly explore the possibility of Green Menthanol Production at NTPC projects in India. The Green Methanol is produced by capturing carbon from the power plants of NTPC…
By Saranjeet Kaur Sethi Steel Authority of India Limited (SAIL) has become the first Central Public Sector Enterprise (CPSE) that has achieved a major milestone of procurement value of Rs 10,000 Crore. It has achieved this distinction through the Government-e-Marketplace (GeM). SAIL has played an active role in creating different functionalities with aim to enhance…
India’s premier hydropower company NHPC Limited (erstwhile National Hydroelectric Power Corporation) has registered 12% jump in its half yearly standalone profit after tax (PAT) of Rs 2483 crore. While its PAT for the corresponding previous half year was Rs 2217 crore. The share of NHPC in the consolidated PAT for the current half year is…
Showcasing its commitment towards using Shredded Plastic in Road Construction Border Road Organization (BRO) has taken the cleanliness drive, “Special Campaign 2.0” on next level. BRO has already carried out trials to use this new technology that uses shredded plastic in bituminous road construction. BRO has already carried out trials of this technology in India…
