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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.

PFC Approves Rs 15,000 Crore Loans, Dives into Airport Funding, and Explores Diversification

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The Power Finance Corporation (PFC) has approved loans totaling Rs 15,000 crore for various projects and has entered the field of funding airport projects....

NLC India Limited enters Power Purchase Agreement with GRIDCO Limited for 800MW

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NLC India Limited (NLCIL) has successfully signed a Power Purchase Agreement (PPA) with GRIDCO Limited in Bhubaneswar. This significant agreement encompasses 400MW in Stage-1...

REC Limited and PNB partner to finance Rs. 55,000 crores in Power and Infrastructure...

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REC Limited has entered into a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to jointly explore potential funding opportunities in the Power...

Shankar Lal appointed as Deputy Secretary, DoWR, RD & GR

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Mr. Shankar Lal (IRS-C&CE:2013), who was recommended for central deputation by the Department of Revenue, has been chosen to serve as Deputy Secretary within...

Manobendra Ghoshal selected as CMD, MSTC Limited

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Manobendra Ghoshal has been selected for appointment as Chairman & Managing Director (CMD), MSTC Limited at a Public Enterprises Selection Board (PESB) meeting held...

Ashok Kumar Patra selected as Director (Finance), PDIL

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Ashok Kumar Patra has been selected for appointment as Director (Finance), Projects & Developments India Limited (PDIL) at a Public Enterprises Selection Board (PESB)...

R K Tyagi selected as CMD of Power Grid Corporation of India

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R K Tyagi has been selected for appointment as Chairman & Managing Director (CMD), Power Grid Corporation of India Ltd. at a Public Enterprises...

Tajinder Gupta appointed as Director (Power), BHEL

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Bharat Heavy Electricals Limited (BHEL) on Wednesday (20.03.2023) made a significant announcement concerning the appointment of Mr. Tajinder Gupta as Director (Power) on the...

PESB recommends Rajeev Kumar Singhal’s name as Director (Business Development), GAIL (India) Limited

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Rajeev Kumar Singhal is set to become the next Director (Business Development) of GAIL (India) Limited, following a recommendation by the Public Enterprises Selection...

PFC and SJVN join forces to propel Rs 1.18 lakh crore renewable and thermal...

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Power Finance Corporation (PFC) and SJVN Ltd on Wednesday (20.09.2023) formalized a Memorandum of Understanding (MoU) aimed at extending financial support to SJVN Ltd's...

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