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CM Conrad Sangma hopeful of separate Meghalaya IAS cadre soon

By
LO Bureau
-

Meghalaya Chief Minister Conrad K Sangma on Saturday reiterated his government’s commitment to securing a separate Meghalaya cadre of the Indian Administrative Service (IAS), a demand he has been pursuing since 2019.

Speaking at the annual conference of the Meghalaya Civil Service Officers’ Association, Sangma said the creation of a distinct IAS cadre remains a long-pending aspiration for the state and expressed optimism that the proposal will be realised soon.

“I have been pursuing the creation of a separate Meghalaya cadre since 2019, and I am hopeful this will soon be achieved. Reforms for the Meghalaya Civil Service (MCS) are equally a top priority,” he said.

The Chief Minister praised MCS officers for their dedication and service, emphasizing that administrative reforms are central to strengthening governance in the state.

“At the end of the day, we are all working toward the same goal—to serve the people of Meghalaya. Every decision, every policy must be driven by that purpose,” Sangma said, urging officers to remain guided by integrity and commitment rather than position or rank.

RECPDCL Hands Over SR WR Power Transmission SPV to Power Grid Corporation

By
LO Bureau
-

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, SR WR Power Transmission Limited to M/s Power Grid Corporation of India Limited on 17th October 2025.

M/s Power Grid Corporation of India Limited emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.

The SPV was handed over by Saurabh Rastogi, CEO, RECPDCL to Satyaprakash Dash, Company Secretary, Power Grid Corporation of India Limited in the presence of Senior Officials of RECPDCL, Power Grid Corporation of India Limited and Central Transmission Utility of India Limited. The implementation period of the project is 24 months.

The scheme covers establishment of Parli New (Maharashtra) – Bidar (Karnataka) 765 kV Double Circuit line of around 109 km.

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, provides consultancy and project implementation services to State power utilities and departments, and executes transmission projects in the UTs of J&K and Ladakh. It also serves as the Bid Process Coordinator (BPC) for inter-state and intra-state transmission and RE-bundling projects under the Tariff-Based Competitive Bidding (TBCB) framework, playing a pivotal role across India’s power sector value chain.

REC Reports 19% Profit Growth in H1 FY26; Declares ₹4.60 Interim Dividend

By
LO Bureau
-

The Board of Directors of REC Limited has approved the standalone and consolidated financial results for the half year ended September 30, 2025, showing strong growth across all parameters.

In H1 FY26, REC’s disbursements rose 27% to ₹1,15,470 crore from ₹90,955 crore a year earlier. Total income grew 12% to ₹29,828 crore, while net interest income climbed 15% to ₹10,608 crore. The company’s net profit surged 19% year-on-year to ₹8,877 crore, reflecting robust operational performance.

During the second quarter, loan sanctions nearly doubled—up 97% to ₹1,49,832 crore compared to ₹76,200 crore in Q2 FY25. REC maintained healthy spreads at 2.89% and NIM at 3.64%, while EPS rose 19% to ₹67.24.

The loan book expanded to ₹5.82 lakh crore, and net credit-impaired assets declined sharply to 0.24% from 0.88% a year earlier, backed by a 77.06% provision coverage ratio. The company’s net worth also grew to ₹82,739 crore as of September 30, 2025.

Continuing its shareholder-friendly policy, the Board declared a second interim dividend of ₹4.60 per share, taking the total interim dividend for FY26 to ₹9.20 per equity share.

A Navratna NBFC under the Ministry of Power, REC Limited provides long-term financing for power, renewable energy, and infrastructure projects across the public and private sectors.

Manish Pradhan selected as Director (Technical), MRVC

By
LO Bureau
-
Mumbai Railway Vikas Corporation Limited

The Public Enterprises Selection Board (PESB) has selected Manish Pradhan for appointment as Director (Technical), Mumbai Railway Vikas Corporation Limited (MRVC). The selection was made during a PESB meeting held on October 17, 2025.

Mr. Pradhan is currently serving as Chief Workshop Engineer in the Ministry of Railways.

Following the PESB’s recommendation, his name has been forwarded to the Appointments Committee of the Cabinet (ACC) for final approval. His appointment will be subject to necessary vigilance clearances and the ACC’s nod.

The PESB had issued an advertisement on May 21, 2025, inviting applications for the post of Director (Technical), which fell vacant on February 1, 2025, after Vilas Sopan Wadekar—then serving as Director (Technical)—was appointed as Chairman and Managing Director (CMD) of MRVC following PESB selection and subsequent ACC approval.

A total of 10 candidates were shortlisted and interviewed by the Board. Those who appeared before the PESB included:

  1. Arun Venkatesh Vernekar, Chief General Manager (Business Development), Ircon International Limited
  2. Atul Shriram Patil, Additional General Manager (Township Administration & Plant Civil Maintenance), NTPC Limited
  3. Murari Lal Meena, Chief Administrative Officer (Construction/Road Safety Projects), North Western Railway, Jaipur
  4. Manish Pradhan, Chief Workshop Engineer, Ministry of Railways
  5. Ashish Mehrotra, Chief Electrical Engineer (Distribution), Northern Railway
  6. Prafulla Chandra, Chief Electrical Engineer (Operation), Ministry of Railways
  7. Uday Prasad Singh, Principal Chief Project Manager, NHSRCL, Mumbai
  8. Anoop Kumar, Chief Track Engineer, Ministry of Railways
  9. Harishankar Chaurvedi, Chief Project Manager (MRVC), Mumbai Railway Vikas Corporation Limited
  10. Rajneesh Kumar Tomar, Chief Rolling Stock Engineer (Coaching), Ministry of Railways

Indian Red Cross Society Felicitates REC Foundation with CSR Award of Appreciation

By
LO Bureau
-

Recognizing its exceptional contribution to healthcare accessibility and community welfare, the Indian Red Cross Society has conferred the ‘CSR Award of Appreciation’ upon REC Foundation, the CSR arm of REC Limited.

The honour was presented by Shri Gulab Chand Kataria, Hon’ble Governor of Punjab, to Shri Pradeep Fellows, Executive Director (CSR), REC Limited.

REC Foundation’s continuous efforts to deliver quality healthcare through Mobile Medical Units (MMUs) underscore its unwavering commitment to improving the lives of people in the nation’s most remote and underserved regions.

Through its CSR initiatives, REC continues to promote inclusive growth and equitable access to essential services, reaffirming its dedication to nation-building and community empowerment

Simmi Chaudhary gets additional charge as Financial Adviser, KVIC

By
LO Bureau
-

Simmi Chaudhary (IES:1996), Economic Adviser, Ministry of Micro, Small and Medium Enterprises (MSME), has been given the additional charge of Financial Adviser (FA) (JS level) in the Khadi & Village Industries Commission (KVIC), Mumbai.

According to an order issued by the Appointments Committee of the Cabinet (ACC) on Thursday (October 16, 2025), she will hold the additional charge for a period of six months with effect from July 12, 2025, or until further orders, whichever is earlier.

ACC approves Apex Pay Scale for IPS officers Praveen Vashista and Rajesh Nirwan

By
LO Bureau
-
Indian Police Service

The Appointments Committee of the Cabinet (ACC) on Thursday (October 16, 2025) approved the proposal of the Ministry of Home Affairs (MHA) to grant the Apex pay scale (Level-17 in the pay matrix) to two senior IPS officers with immediate effect.

The officers are:

  1. Praveen Vashista (IPS:1991:BH), presently serving as Special Secretary (Internal Security), Ministry of Home Affairs. He is scheduled to retire on July 31, 2026.
  2. Rajesh Nirwan (IPS:1992:RJ), currently serving as Director General, Bureau of Civil Aviation Security (BCAS). He is scheduled to retire on January 31, 2029.

Rajasthan govt relieves Dr KK Pathak for central deputation as Joint Secretary in Ministry of Fertilisers

By
LO Bureau
-

The Rajasthan government on Wednesday (October 15, 2025) finally relieved Dr KK Pathak (IAS:2001:RJ) from his charge, enabling him to take up his new assignment as Joint Secretary in the Ministry of Fertilisers. This move brings an end to the stalemate that had persisted for weeks over his central deputation.

Dr Pathak was serving as Secretary, Department of Personnel, in the Rajasthan government.

The case drew attention when the Rajasthan government communicated to the Centre that it had withdrawn the No Objection Certificate (NOC) earlier granted for his central deputation. Reportedly, the state government took the decision in July 2025, but conveyed it to the Centre only in the second week of September 2025.

Citing an acute shortage of IAS officers in the cadre, the state government was reluctant to relieve its key officers. Along with Dr Pathak, the central deputation requests of two other IAS officers, P Ramesh (IAS:2005:RJ) and Nakate Shiv Prasad Madan (IAS:2011:RJ), were also turned down.

Interestingly, the Union government on September 13, 2025, issued an order appointing Dr KK Pathak as Joint Secretary in the Ministry of Fertilisers, despite the state’s communication about the withdrawal of his NOC. These back-to-back decisions by the state and the Centre triggered a wave of speculation within bureaucratic circles in both Delhi and Jaipur.

Though the Centre’s move indicated a clear outcome, the formal relieving order from the state was awaited to put the matter to rest. With Wednesday’s development, the long-drawn episode has finally concluded, clearing the way for Dr Pathak’s central posting.

S Usha Selected as Director (Market Operation), Grid Controller of India Limited

By
LO Bureau
-
Grid India

The Public Enterprises Selection Board (PESB) has selected S Usha for appointment as Director (Market Operation) in Grid Controller of India Limited (Grid-India). The selection was made during a PESB meeting held on October 16, 2025.

Ms. Usha is presently serving as Executive Director, National Load Despatch Centre (NLDC), New Delhi, at Grid Controller of India Limited.

Following the PESB’s recommendation, her name has been forwarded to the Appointments Committee of the Cabinet (ACC) for final approval. Her appointment will be subject to necessary vigilance clearances and the ACC’s nod.

Notably, PESB had issued an advertisement on July 17, 2025, inviting applications for the post of Director (Market Operation), which fell vacant on May 1, 2025, following the elevation of Samir Chandra Saxena to the post of Chairman & Managing Director (CMD) of Grid-India. Mr. Saxena was earlier appointed as Director (Market Operation) in July 2024 for a five-year term before his promotion to CMD after ACC approval.

A total of 11 candidates were shortlisted and interviewed for the post. The following candidates appeared before the Board:

  1. Manoj Kumar Agrawal, Executive Director (NRLDC), Grid Controller of India Limited
  2. Srinivas Tumuluru, Executive Director (CISO & Engineering), Grid Controller of India Limited
  3. S Usha, Executive Director, National Load Despatch Centre, Grid Controller of India Limited
  4. Sajan George, Chief General Manager, Incharge of NERLDC, Shillong, Grid Controller of India Limited
  5. Binoy Shankar Roy, Chief General Manager, Grid Controller of India Limited
  6. Gyaneshwar Prasad Payasi, Chief General Manager (Project Management), Power Grid Corporation of India Limited
  7. K. Nagaraj Bhat, Chief General Manager (Skill Development Centre Incharge), Power Grid Corporation of India Limited
  8. Srinivasa Rao Gaddamanugu, Executive Director, NTPC Limited
  9. Atulya Kumar Naik, Executive Director (Energy Management, Business Development, Contracts & Procurement), Solar Energy Corporation of India
  10. Shyam Kumar, Chief General Manager (Head of Project), NTPC Limited
  11. Sanjiv Shrivastava, Executive Director (Commercial), Damodar Valley Corporation (DVC)

Sagar Appasaheb Modhole Selected as Director (Finance), Munitions India Limited

By
LO Bureau
-

The Public Enterprises Selection Board (PESB) has selected Sagar Appasaheb Modhole for the post of Director (Finance) at Munitions India Limited (MIL). The selection was made during a PESB meeting held on October 15, 2025.

Mr. Modhole is currently serving as Chief General Manager (Finance), Marketing Head Office, Mumbai, at Indian Oil Corporation Limited (IOCL).

Following the PESB’s recommendation, his name has been forwarded to the Appointments Committee of the Cabinet (ACC) for final approval. His appointment will be subject to the necessary vigilance clearances and the ACC’s nod.

Notably, the PESB had advertised the post on June 3, 2025, the same day it fell vacant, inviting applications from eligible candidates. Out of several applicants, 10 candidates were shortlisted and interviewed for the position.

Those interviewed included:

  1. Akhilesh Kumar Mishra, Deputy Director General (M&P), Department of Defence Production
  2. Sagar Appasaheb Modhole, Chief General Manager (F), Marketing Head Office, Mumbai, Indian Oil Corporation Limited
  3. Tilak Raj Taneja, Chief General Manager, The Cotton Corporation of India Limited
  4. Ashok Kumar Mali, Chief General Manager, E8 (CFO – NUPPL), NLC India Limited
  5. Shiv Kumar Sharma, General Manager (Head of Finance, Corporate Centre), Grid Controller of India Limited (Grid-India)
  6. Kamal Nath Thakur, Additional General Manager (Internal Audit), NTPC Limited
  7. Yogesh Kumar, Chief Financial Officer (on Secondment to Ramagundam Fertilizers and Chemicals Ltd), National Fertilizers Limited
  8. Ramesh Kumar, Additional General Manager (Finance – Commercial), NTPC Limited
  9. Sanjay Sinha, Chief General Manager (Finance & Accounts), GAIL (India) Limited
  10. Deepak Kumar, Additional General Manager (Head of Finance), Bharat Heavy Electricals Limited (BHEL)
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