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Stay updated with the latest PSU news in India. This section covers CMD and chairman appointments, leadership changes and updates from major public sector undertakings and public sector banks.

Oil sector PSUs to set up InvITs for asset monetisation

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After power, the country's oil sector PSUs would now float an infrastructure investment trust (InvIT) as part of the asset monetisation exercise announced by...

POWERGRID Launches Certified E-Tendering Portal “PRANIT”

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Power Grid Corporation of India Limited (POWERGRID), a central PSU under Ministry of Power has established an e-Tendering Portal-PRANIT which will lead to less...

HPCL commissioned new LPG Master Godown at Leh, Ladakh UT

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HPCL commissioned a new LPG Master Godown at Phey Village in Leh, under Ladakh UT situated at an altitude of 11,562 ft. The facility...

Powergrid to acquire 74 per cent stake in JPL

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Transmission utility Power Grid Corporation of India Ltd (Powergrid) is set to acquire 74 per cent stake in Jaypee Powergrid Ltd-JV (JPL) for an...

BDL pays over Rs 92 cr interim dividend to GoI

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Bharat Dynamics Limited (BDL), a Hyderabad based Defence Punlic Sector Undertaking, has paid and interim dividend of 92.008 crore to the Government of India....

BHEL secures first ever overseas turnkey contract for grid-connected Solar PV Power Plant

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Bharat Heavy Electricals Limited (BHEL) has achieved yet another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8...

Bharat Petroleum bags FICCI award for sustainability in the petrochemical sector

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Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company bagged prestigious award from Federation of Indian Chambers of Commerce &...

Progress on BPCL privatisation multiple steps remains: Fitch

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(PTI) : Fitch Ratings on Friday said there is more visibility on BPCL privatisation, but there is still little information on potential restrictions for...

NTPC conferred ‘Role Model’ award at 11th CII National HR Excellence Award 2020-21

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India's largest integrated power generation company, NTPC Ltd has been conferred the prestigious ‘Role Model’ Award at the most coveted and prestigious 11th CII...

A S Kesavan Nampoori appointed as Director (Technical), FACT

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A S Kesavan Nampoori has been appointed to the post of Director (Technical), Fertilizers and Chemicals Travancore Limited (FACT) till 30.09.2022 i.e the date...

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