Hon'ble Union Minister of Law & Technology, Shri Ravi ... CMD, MECL and MD, IRFC and others....

Issue 66-67, JuNe-JuLY, 2017

SEBI nominates Dr. U. D. Choubey, DG, SCOPE as Member of SEBI Committee on Corporate Governance Chaired by Mr. Uday Kotak.

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Hon'ble Union Minister of Law & Justice and Electronics & Information Technology, Shri Ravi Shankar Prasad graces the National Convention on Digitalization

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National Workshop on Succession Planning

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Two-days 16th National Workshop on “Succession Planning for Board Level Positions” was inaugurated by Mr. K. V. Chowdary, Central Vigilance Commissioner organized by Standing

Conference of Public Enterprises (SCOPE). Mr. Ved Prakash, Chairman, SCOPE & CMD, MMTC, Dr. U.D. Choubey Director General, SCOPE and Mr. Saptarshi Roy, Director (HR), NTPC also addressed the participants.

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Mr. K.V. Chowdary, Central Vigilance Commissioner in his inaugural address said public sector enterprises are symbolized as model employers. He advised the senior executives to prepare themselves for multiple skills and have thorough knowledge of various disciplines, laws, regulations pertaining to the organization.

Mr. Ved Prakash, Chairman, SCOPE & CMD, MMTC in his address said corporate structure is becoming flatter. He advised the senior executives who are aspiring for the board level positions to be well versed in all areas of organizational functioning.

Dr. U.D. Choubey, Director General, SCOPE in his welcome address said succession planning is a weaker area in PSUs which needs to be strengthened as relates to competitiveness, continuity and retain skilled and knowledgeable persons in the organization.

While proposing vote of thanks, Mr. Saptarshi Roy emphasized the need for building a strong leadership pipeline line the organization. The Workshop was attended by a large number of Senior Level Executives from various public enterprises.

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Dr. U.D. Choubey, Director General, SCOPE once again has been elected as Member of the Executive Committee of the

India International Centre (IIC). Dr. Choubey has made significant contribution in promoting excellence in Public Sector Enterprises and has actively been associated with IIC.

Dr. U.D. Choubey, DG, SCOPE elected Member

(Executive Committee) of India International Centre

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SCOPE organized an Interactive Meeting of Chief Executives, Directors and Senior

Executives of PSEs with Mr. Ajay Tyagi, IAS, Chairman, Securities & Exchange Board of India (SEBI). Chairman, SCOPE & CMD, MMTC, Mr. Ved Prakash and Director General, SCOPE, Dr. U. D. Choubey also spoke during the interactive meeting. A large number of CEOs and Directors from various public sector enterprises listed PSEs interacted with Chairman, SEBI which interalia included CMD, NTPC, CMD, MECL and MD, IRFC and others.

Chairman, SCOPE & CMD, MMTC appreciated and complimented Chairman, SEBI for recent

Interactive Meeting with SEBI Chairman

initiative to improve governance. He also highlighted the need to make the size of the board more effective so as to engage in fruitful discussions.

DG, SCOPE in his address highlighted the issues which interalia include appointment of Independent Directors in PSEs, level playing field between public and private sector and separation of posts of Chairman & Managing Director. He strongly pleaded for robust mechanism to select Independent Directors out of professionals, researchers, academicians, and financial experts with proven track record.

Mr. Ajay Tyagi, Chairman, SEBI assured to

look into the issues concerning corporate governance. Empathizing with the limitations of PSEs regarding appointment of Independent Directors, he reiterated the need for effective board with requisite number of independent directors, women directors, and ensure transparent disclosures with regard to related party transaction. He urged PSEs to send their issues to SCOPE so that it can be discussed by DG, SCOPE in the forthcoming meeting of SEBI Committee on Corporate Governance of which Dr. Choubey is also a Member. He also agreed to have another meeting within a short span of time with select PSEs.

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Standing Conference of Public Enterprises (SCOPE) organised two-days National Convention on “Digital India: Opportunities

& Challenges” which was inaugurated by Mr. Ravi Shankar Prasad, Union Minister of Law & Justice and Electronics & Information Technology on 28th June, 2017 at SCOPE Convention Centre, New Delhi. The Minister also released Two SCOPE Booklets: (1) Special issue of KALEIDOSCOPE on Digital India; and (2) Best HR Practices to be adopted by Public Sector Enterprises which is the synopsis of Two-day International HR Summit organized by SCOPE this year.

SCOPE Convention on Digital India

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The Minister, Mr. Ravi Shankar Prasad highlighted the advantages of digitalization not only for system development but also for inclusion of rural India. He told that PSEs has to take up the challenge to digitalize India in both letter and spirit. The Minister reaffirmed the government’s commitment to digitalize India which is the vision and mission of Prime Minister.

Mr. Ved Prakash, Chairman, SCOPE and CMD, MMTC while highlighting PSEs

initiatives towards Digital India mentioned that SCOPE has organized this Convention to discuss the current trends practiced by leading organizations and to better equip PSE executives with latest digital technology.

Dr. U.D. Choubey, Director General, SCOPE while expressing his concern on risk of cyber security emphasized review of existing cyber security policy (2013) to bring new policy for risk management and risk advisory role. He expressed that

there must be mandatory provision for alternative back up in digitalization so that in case of any emergency, back up system could run without hindrance.

Also present on the occasion were Mr. R.K. Bahuguna, Vice Chairman, SCOPE & CMD, RailTel, and a galaxy of PSEs which included Chairmen, Directors and senior executives. Knowledge resource person, Mr. Neeraj Singh, Director, Management Consulting, KPMG India Pvt. Limited was also present.

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SCOPE celebrated the International Yoga Day on 21st June 2017. Mr. Ved Prakash, Chairman, SCOPE inaugurated the

celebration of International Yoga Day in SCOPE at the SCOPE Convention Centre by lighting of lampDr. U.D.Choubey, DG, SCOPE addressed and encouraged employees to practice yoga for healthy body and mind. Mr. S.A. Khan, Group General Manager, Corporate Affairs, SCOPE was also present. Large many employees of SCOPE and PSUs participated in the Yoga camp. On this occasion, Yoga guru Saurabh Samir from Munger Yoga Centre shared the benefits of Yoga and also demonstrated the exercises.

InternatIonalSCoPe CelebrateS

Yoga daYYoga daY

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econoMIcInDIcAToRS

INDIA(US$ million, unless otherwise indicated)

2000 2005 2010 2011 2012 2013 2014 2015

Summary external debt data

External debt stocks 101,131 121,195 290,428 334,399 392,625 427,296 457,553 479,559

Long-term external debt 96,782 111,406 227,853 250,240 293,162 328,464 366,215 392,483

Public and publicly guaranteed 81,196 54,726 100,563 107,926 133,206 133,380 161,829 175,718

Official creditors 51,730 50,058 72,499 75,601 75,304 73,698 71,700 71,683

of which: IMF 888 974 6,127 6,108 6,114 6,127 5,764 5,513

Private creditors 29,466 4,668 28,065 32,324 57,901 59,682 90,129 104,035

of which: Bonds 10,240 1,360 14,700 16,517 24,007 21,910 50,811 59,512

Private nonguaranteed 15,586 56,680 127,290 142,314 159,956 195,084 204,386 216,765

of which: Bonds 1,515 5,761 13,217 10,861 7,848 8,286 6,214 7,909

Short-term external debt 3,462 8,816 56,448 78,052 93,349 92,706 85,574 81,563

interest arrears on long-term 0 0 0 0 0 0 0 0

Long-term external debt

Disbursements 10,556 19,380 43,406 42,850 49,929 70,314 130,044 66,347




of which: Bonds 5,520 1,714 11,050 2,032 7,478 2,045 29,116 8,702

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International Debt Statistics

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2000 2005 2010 2011 2012 2013 2014 2015

Private nonguaranteed 300 12,751 19,069 29,207 32,661 56,206 83,006 39,129

of which: Bonds .. 2,920 1,288 737 665 1,224 819 2,770

Principal repayments 6,425 19,384 19,018 22,227 21,202 28,931 80,774 37,406




of which: Bonds 0 8,457 148 200 0 4,153 150 0


of which: Bonds 35 117 1,851 2,847 3,678 833 2,347 767

Interest payments 3,993 4,196 4,675 6,206 7,774 8,629 10,970 9,815


Official creditors 1,422 1,062 797 873 900 802 757 749

Private creditors 1,941 1,960 266 337 496 644 1,082 1,150

of which: Bonds 143 1,799 39 51 121 158 256 296


of which: Bonds 224 141 421 848 516 518 375 349

Net financial flows

Net inflows 9,700 21,369 92,032 72,821 90,006 87,344 86,109 66,525

Net debt inflows 3,635 1,949 34,233 42,226 44,025 40,739 42,138 24,929

Official creditors 28 1,124 5,221 2,720 1,505 1,283 2,091 1,430

of which: World Bank 677 1,336 3,027 1,149 9 -30 543 262

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econoMIcInDIcAToRS

2000 2005 2010 2011 2012 2013 2014 2015of which: IMF -25 0 0 0 0 0 0 0

Private creditors 3,607 825 29,013 39,506 42,520 39,456 40,047 23,500

Long-term 4,078 -1,127 19,168 17,902 27,223 40,099 47,179 27,511

Bonds 5,485 -3,940 10,339 -278 4,465 -1,717 27,437 10,705

Banks and other private 1,407 2,813 8,829 18,180 22,758 41,816 19,741 16,806

Short-term -471 1,952 9,845 21,604 15,297 -643 -7,132 -4,012

Net equity inflows 6,066 19,421 57,799 30,594 45,981 46,604 43,971 41,595

Foreign direct investment 3,584 7,269 27,357 34,643 23,172 26,713 31,602 39,663

Portfolio equity 2,481 12,151 30,442 -4,048 22,809 19,892 12,369 1,933

Major economic aggregatesGross national income (GNI) 471,633 828,316 1,690,504 1,799,897 1,803,547 1,840,087 2,018,326 2,049,502

Exports of goods, services & 62,453 160,228 357,996 456,523 453,744 479,503 498,220 443,164

Imports of goods, services & 80,489 194,154 464,622 579,253 610,650 593,441 591,134 529,774

Primary income on FDI .. 5,244 21,763 23,760 16,389 12,555 14,027 13,684

Personal transfers & comp. 12,883 22,125 53,480 62,499 68,821 69,970 70,389 68,910

International reserves 37,902 131,924 275,277 271,285 270,587 276,493 303,455 334,311

RatiosExternal debt stocks to exports (%) 161.9 75.6 81.1 73.2 86.5 89.1 91.8 108.2

External debt stocks to GNI (%) 21.4 14.6 17.2 18.6 21.8 23.2 22.7 23.4

Debt service to exports (%) 17.1 14.9 6.8 6.4 6.7 8.1 18.5 10.9

Short-term to external debt stocks (%) 3.4 7.3 19.4 23.3 23.8 21.7 18.7 17.0

Multilateral to external debt stocks (%) 30.1 25.9 16.0 14.6 12.8 11.9 11.1 10.5

Reserves to external debt stocks (%) 37.5 108.9 94.8 81.1 68.9 64.7 66.3 69.7

Notes: External debt data prior to 2003 are revised from fiscal year to calendar year. Long-term public and publicly guaranteed bonds include Foreign Institutional Investor debt (FII) as reported by the Reserve Bank of India.

Source : International DEBT Statistics

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Top Ten Borrowers – Composition ofDebt Flows, 2015

Source: World Bank Debtor Reporting System.

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On the invitation from OECD, Dr. U.D. Choubey, Director General, SCOPE spoke on Reforms taken in Public Sector Enterprises in India. The

occasion was the OECD 2nd Meeting of the Global Network on Corporate Governance of State Owned Enterprises (SOEs) held in Dubai where large number of countries represented their State owned Enterprises.

Dr. Choubey complimented Government of India for initiating large number of reforms including classification of PSUs into Maharatna, Navratna and Miniratna, listing of PSUs on Stock Exchanges, improving Corporate

Governance, leadership qualities and appropriate succession planning etc. He advocated for well documented Ownership Policy for public sector enterprises.

DG, SCOPE concluded by saying that Public Sector Enterprises in India have done better in the post liberalization era and also has successfully made headway towards global competitiveness. Indian CPSEs have taken Corporate Social Responsibility (CSR) in both letter and spirit.

DG, SCOPE Speaks in OECD Global Meeting at Dubai

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Dr. U. D. Choubey, Director

General, SCOPE met

Mr. Guy Ryder, Director

General, ILO during

Annual International

Labour Conference held

in June 2017 at Geneva.

DG, SCOPE briefed Mr.

Guy Ryder about massive

reforms taking place in

India in all sectors of

economy and highlighted

the performance of PSEs.

He also presented his

latest book (The Last

inning and Beyond).

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Dr. U.D. Choubey, Director General, SCOPE participating

in the 106th session of the ILO Conference at Geneva

(Switzerland).

DG, SCOPE Meets director General, ILO

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BEML

NLC

GSL

NRL

MECON

THDC

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Environment Day

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Hon’ble Prime Minister Shri Narendra Modi, recently flagged off the maiden UDAN - Ude Desh Ka Aam Naagrik flight under the Regional Connectivity Scheme (RCS). Already touted to be a revolution in the aviation sector, the first flight

took off from Jubbarhatti Airport, Shimla to New Delhi. On this occasion, the Hon’ble Prime Minister also flagged off flights on Kadapa - Hyderabad and Nanded - Hyderabad sectors under the Scheme through video link. The flag off ceremony was held in the presence of Mr. Acharya Devvrat, Governor, Himachal Pradesh, Mr. Virbhadra Singh, Chief Minister, Himachal Pradesh, Mr. P. Ashok Gajapathi Raju, Union Minister of Civil Aviation, Mr. J. P. Nadda, Union Minister for Health & Family Welfare, Mr. Jayant Sinha, Union Minister of State for Civil Aviation and other dignitaries.

Prime Minister Flags off the first UDAN Flight under Regional Connectivity Scheme (RCS) on Shimla – Delhi sector

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Honb’le Prime Minister, Shri Narendra Modi visited the WAPCOS pavilion during African Development Bank (AfDB) Exhibition at

Mahatma Mandir Convention and Exhibition Centre, Gandhinagar, Gujarat recently. WAPCOS Limited had participated in African Development Bank (AfDB) Exhibition. The work of WAPCOS was widely appreciated by the dignitaries at the event.

Bharat Heavy Electricals Limited (BHEL) has proposed an equity dividend of 79 percent (including 40 percent interim dividend

paid earlier) for fiscal 2016-17. Significantly, not only is this four times the dividend paid (20 percent) in the previous year but also the highest dividend to be paid by the company in the last three years.

Notably, in fiscal 2016-17, BHEL has achieved double digit growth in its topline and bounced back into profit. During the year, BHEL recorded a turnover of Rs.28,840 Crore, up 11 percent over the previous year - after reversing the trend of negative topline growth prevailing for the last three years.

Honb’le Prime Minister, Shri Narendra Modi, at WAPCOS Exhibition at Gandhinagar

during African Development Bank (AfDB) Exhibition at Gandhinagar

BHEL pays 79 percent Dividend for fiscal 2016-17 – Highest in the last three years

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Prime Minister Lays Foundation Stone of NTPC Hydro Engineering College in Himachal

Prime Minister, Mr. Narendra Modi, laid the foundation stone of Hydro Engineering College

at Bilaspur, Himachal Pradesh recently. The college being set up by NTPC, the largest power utility in the country and NHPC, will provide B.tech courses in mechanical, electrical, civil and computer science disciplines of Engineering. The setting up of the college will go a long way in promoting hydro sector and exploring its potential in the state and country. This shall give boost to industrialization of the state and facilitate self employment amongst the youth.

Acharya Devvrat, Governor , Himachal Pradesh, Mr. Virbhadra Singh, Chief Minister, Mr. Jagat Prakash Nadda, Union Minister of Health and Family Welfare, Mr. G.S. Bali, Minister of Transport, Food and Civil Supplies, Technical education, Himachal Pradesh and leading dignitaries from the state were present on the occasion.

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The fourth edition of the International Bunkering Conference resolved to take Cochin to the state of a global bunker destination like Fujairah

and Singapore. The deliberations held during the conference will pave the way for improving the ease of doing business in bunkering at Cochin, towards achieving easier regulatory regime, ensuring efficient operational performance, high quality bunker and accurate measurement etc.

The Conference held recently at the Taj Gateway Hotel, Cochin was presided over by Mr. P Raveendran, IRTS, Chairman, Cochin Port Trust. Mr. AV Ramana, Deputy Chairman, Cochin Port Trust, Mr. P Nageswara Rao, IRS, Chief Commissioner, Customs, Central Excise and Service Tax, Mr. Rajnish Mehta, Exe. Director, HPCL, Mr. Prasad K.Panicker, Exe. Director,

4th International Bunkering Conference Hails Cochin Model in Promotion of Bunkering in India

BPCL-KR and Mr. P. S. Mony, GM, IOCL highlighted the growing importance of Cochin Port as a bunkering destination during the Inaugural Session.

Khanderi, the second of the six Scorpene class submarines being built in India at MDL, sailed out recently from Mumbai harbour for her maiden sea sortie. It was

also the first major trial for her propulsion plant and a very important milestone in the construction programme. The successful trial moved the submarine a significant step closer to her induction into the Indian Navy later this year. She will now be put through her paces via a rigorous set of trials, which are designed to test her operating envelop to the maximum.

Commencement of Sea Trials MDL Yard 11876 (Khanderi)

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The existing Pragati Maidan Complex that so far used to organise National and International Exhibitions and facilitate

holding of various other events, is set to get all new face with its upcoming redevelopment into a World class state-of-the-art Integrated Exhibition-cum-Convention Centre (IECC). At a joint Press Conference by Mr. L. C. Goyal, CMD, India Trade Promotion Organisation (ITPO) and Dr. Anoop Kumar Mittal, CMD, NBCC (India) Limited, held in New Delhi recently, announced the launch of this sophisticated Project to be implemented by the latter at a cost of approx. Rs 2,500 Cr. Mr. Goyal and Dr. Mittal on the occasion, released the layout and the design of IECC and an outline of comprehensive solutions to decongest traffic in and around Pragati Maidan.

Pragati Maidan Complex to be redeveloped into a World Class State-Of-The-Art Exhibition-Cum-Convention Centre

Northern Coalfields Limited, commonly known as NCL, has received its holding company Coal India Limited (CIL) board’s assent for the Rupees 1783.09 cr. coal

mining expansion in Singrauli district in Madhya Pradesh. The subsidiary of Coal India Ltd wants to expand its flagship Jayant Opencast Project (OCP) for increasing coal production from 10 million tonnes per annum (MTPA) to 20 MTPA.

Northern Coalfields Ltd gets Coal India board nod for Rs. 1783 cr. coal mine expansion in Madhya Pradesh

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To mark the celebration of 19th National Technology Day, National Aluminium Company Limited (NALCO) organized Technology Day

Lecture on “Importance of energy and role of nuclear energy in global energy mix” at its Corporate Office recently. Padma Shri Dr. Ravi Bhushan Grover, Homi Bhabha Chair Professor and Member, Atomic Energy Commission was the Chief Speaker. In his address, Dr. Grover mentioned that demand for energy can be a threat to lifestyle because of inequality among consumers and issues of economic and political stability.

Dr. Tapan Kumar Chand, CMD, NALCO in his presidential address, mentioned technology has brought tremendous development and qualitative changes in the standards of living of the people. Delivering

the welcome address Mr. S.K. Roy, Director (Project & Technical) informed that NALCO has been spending 1% of its PAT of previous year on R&D activities.

On this occasion, NALCO Utkal Gaurav Madhusudan Das Quality Awards for the year 2017 were conferred to organizations for their outstanding practices and results achieved through implementation of Total Quality Management, in different categories. At the outset, Mr. S.K. Satpathy, General Manager (BD and R&D) of the company introduced the Chief Speaker and Mr. Subrat Kar, GM (R&D) proposed a vote of thanks. The programme was attended by eminent Scientists, Technologists and Engineers, drawn from various organizations apart from NALCO employees.

NALCO Celebrates 19th National Technology Day

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RINL, the corporate entity of Visakhapatnam Steel Plant crossed yet another milestone recently with completion of modernization of

Convertor-B, 18 days in advance of the original schedule. With this, the total modernization of the SMS-1 shop consisting of 3 Convertors has been completed successfully at a cost of around Rs 400 crores.

Mr. P Madhusudan, CMD,RINL commenced the commissioning process of Convertor-B. Mr. P. C. Mohapatra, Director (Projects), Mr. D. N. Rao, Director (Operations), Mr. P. Raychaudhury, Director (Commercial), EDs, GM (Steel) I/c, GM(SMS)-1 and senior officials were present on the occasion.

RINL achieves yet another milestone in Modernization programme

Mr. D. V. Singh, Chairman & Managing Director, THDC India Limited (THDCIL) inaugurated the Sewage Treatment Plant of (STP) 1 M.L.D. Capacity

at THDCIL Rishikesh corporate premises on 31.05.2017. Mr. S. K. Biswas, Director(Personnel) were present on this occasion. GM (Services) Mr. H. L. Bharaj explained that the plant is built on latest technology of Sequence Batch Reactor which is cost effective and has better quality of effluent. Mr. H. L. Arora, ED(OMS), Mr. H. L. Bharaj, GM(Services), Mr. Vijay Goel GM(P&A), Mr. A.K. Mathur GM(Commercial), Mr. V. K. Badoni GM(Planning), Mr. J. Behra GM(Finance) and other senior officials were present during the inauguration.

CMD, THDCIL inaugurates the Sewage Treatment Plant (STP) at Rishikesh

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Steel Authority of India Ltd. (SAIL) is the largest and main supplier of steel for constructing country’s longest bridge 'Dhola-Sadiya’ which is built on

river Lohit in Assam. SAIL has supplied around 90% or around 30,000 tonnes of steel, including TMT, Structurals and Plates, for this bridge which will connect the states of Assam and Arunachal Pradesh. The product mix offered by SAIL was one of the major criteria for selection of the company for this prestigious project. The construction of this 9.15-km-long bridge began in 2011 under public private partnership. This bridge is 3.55 kilometers longer than Mumbai’s Bandra-Worli Sea Link, making it the longest bridge in India.

India Trusts SAIL for its Longest Bridge SAIL supplies 90% steel for 9.15 Kms Long Dhola-Sadiya Bridge

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Defence Secretary Sanjay Mitra visits GSL

Mr. Sanjay Mitra, Defence Secretary, Ministry of Defence, Govt. Of India visited GSL recently. During the visit, Defence Secretary

was briefed by RAdm Shekhar Mital, NM, IN (Retd), CMD GSL on progress of ongoing projects for Sri Lanka Navy and Indian Coast Guard under construction at GSL.

It is noteworthy that the Shipyard is executing large export orders from Myanmar, Sri Lanka and Mauritius. Today GSL is the largest exporter of ships from country with present order book of over Rs 1200 Cr.

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Airports Authority has provided an Ambulance Service with Advanced Life Support Systems (ALS) for Longding District of Arunachal Pradesh

with an objective of strengthening the health services in the remote North-East Region under Airports Authority of India’s CSR Initiatives.

Dr. Guruprasad Mohapatra, IAS, Chairman, AAI while flagging off the ambulance service said that the ALS ambulance shall definitely bring a big relief to the patients coming from far off places and will be a great support to the Primary Health Centre facility in the Longding District of Arunachal Pradesh. AAI, had in the past provided similar ambulance facilities to the Primary Health Centre at Pakyong, Sikkim, and also to Dr. Shakuntala Misra National Rehabilitation University, Lucknow and Primary Health Centre at Udaipur, Rajasthan.

AAI Flags off the Ambulance service

Recently, Mahila Mandal Team of Central Workshop Jayant NCL lead by Ms. Radha Kotturi provided a month supplies of stationery,

items of daily use and groceries in Vasudha Kalyani Divyaang Vidyalaya, Ambedkar Nagar, Sonebhadra. The team spent time with children and had an elaborate conversation. Ms. Radha Kotturi, President, Sampda Mahila Samiti encouraged children to channelize all efforts and energies towards attainment of their goals. School management thanked Team Mahila Mandal for their support and anticipated continued help on similar lines.

NCL extends helping hand to a school for children with special needs

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Central Electronics Limited (CEL) is a PSU under Ministry of Science & Technology, Govt. of India, which has pioneered development of

Solar PV in the country and has the distinction of having manufactured India’s first Solar Cell in 1977 and first Solar Panel in 1978 and has also set up India’s first Solar Power Plant in 1992. CEL has done services to the nation in the area of Rural Development through solar energy and has successfully implemented a number of Govt. programmes for provision of home lighting systems, street lighting systems as well as community facilities including entertainment facilities and primary health service (facilities) in remote areas of the country including Chhatisgarh, remote areas of Assam, Jharkhand, Laddakh etc.

In recent years, CEL has brought solar energy to the reach of almost 10,000 beneficiaries in remote villages of Rajasthan & Bihar under CSR programmes of leading PSUs. CEL has also recently commissioned micro grids in two villages in Gaya district of Bihar under another CSR programme along with provision of solar water pumping system on an innovative entrepreneur driven revenue model along with drip irrigation system. In another CSR project for a leading PSU, CEL had provided1500 number solar home lighting systems along with mobile charging facilities and equal number of solar lanterns to villagers of Leh and Kargil.

CEL services to the Nation in the area of Rural Development through solar energy

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Consequent to commissioning of NRL’s Wax Plant, the single largest Wax Manufacturing unit in the country, NRL has embarked on a mission of training the youth of North East

states in candle making and supporting them in their entrepreneurial journey of setting up self sustaining candle making units. Towards this end, a training program was inaugurated recently by MP (Rajya Sabha), Meghalaya- Ms. Wansuk Syiem in Thangsning village located at the outskirts of Shillong. Also present on the occasion were GM(Mktg. & BD) NRL, Mr. Bruno Ekka; Liaison Officer to MP, Ms. L N Jyrwa; Executive Director, Women for Integrated Sustainable Empowerment (WISE)-Sister Judith, Village headman and a few other NRL officials.

25 men and women have been identified as beneficiaries for the one week candle making training in this downtrodden hamlet comprising of 110 households , whose primary source of livelihood is agriculture.

NRL sponsors training on Candle making in Meghalaya

Under the Corporate Social Responsibility Programme, Rajasthan Electronics & Instruments Limited (REIL) recently installed a 1.12 kWp Solar Power

Plant with tube-lights and ceiling fans and 12W x 75W Solar LED Street Lights at the primary school and streets of the village Chimanpura (Dhab Ka Nalla), Jaipur. This Solar Power Plant was handed over by Mr. A. K. Jain, MD, REIL in the presence of District Governor Mr. Ramesh Chaudhary, Rotarian Dr. Sudhir Calla and Prof. Ravindra Nagar, MNIT Jaipur recently.

REIL installs Solar Power Plant and Solar LED Street Lights

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In a function held in New Delhi recently, Dr. Anoop Kumar Mittal, CMD,

NBCC (India) Ltd. was awarded Asia Pacific Entrepreneurship Awards

2017 under the Construction Industry segment (Individual Category) in

recognition of his contribution in the growth of the Company and also in

the field of the Construction Industry as a whole.

NBCC Cmd Conferred Apea Awards 2017

AwARDS

14th National Awards for Excellence in Cost Management – 2016

The Institute of Cost Accountants of India as a part of its prime responsibility towards achieving cost competitiveness for

sustainable economic growth is continuously making efforts to promote, recognize and reward cost management culture and practice in the corporate sector.

Mr. S Suresh, Member (Finance), Airports Authority of India and Chairman, Screening Committee of 14th National Awards for Excellence Cost Management – 2016 of the Institute expressed that the participation of Indian Industry in the National Awards indicates positive efforts undertaken by the industry towards cost management and achieving cost competitiveness.

Mr. S Suresh and CMA Manas Kumar Thakur, President of the Institute

urged all the sectors from Manufacturing to Service Sector to participate at large so that the culture of best Cost Management practices becomes an integral part of an organization.

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AwARDS

Bharat Dynamics Limited (BDL) has been conferred with Raksha Mantri’s Institutional Award for Excellence in Performance for the

year 2014 – 15 and Group / Individual Award in Innovation category for the year 2014 - 15.

The Award for Excellence in Performance was presented to Mr. V. Udaya Bhaskar, CMD, BDL and Mr. V. Gurudatta Prasad, Director (Production), BDL by Union Minister for Defence, Finance and Corporate Affairs, Mr. Arun Jaitley at Manekshaw Centre, New Delhi recently.

Group / Individual Award for Innovation category was presented to Mr. K. Diwakar, Director (Technical),BDL, Mr. M. Sreedhar Rao, Additional General Manager (Design & Engineering), BDL and team by the Union Minister at Manekshaw Centre, New Delhi. The Innovation Award has been conferred in recognition of the innovative efforts in the Design and

BDL conferred Raksha Mantri’s Awards for Performance Excellence and Innovation

Development of Amogha - I Anti-Tank Guided Missile by the Design & Engineering Division of the Company.

Numaligarh Refinery Limited has bagged the National Technology Award 2017 instituted by Technology Development Board under Department of Science and Technology, Govt. of India

for Commercialization of Wax De-oiling Technology developed jointly in collaboration with the Indian Institute of Petroleum and Engineers India Limited. The award comprising of Rs. 25 lakh cash award and a trophy was presented by the Hon’ble President of India Shri Pranab Mukherjee to NRL MD, Mr. P.Padmanabhan and NRL Director ( Finance) Mr. S.K. Barua in presence of Union Science and Technology Minister, Dr. Harsh Vardhan at a function organised to celebrate the 19th National Technology Day at Vigyan Bhavan, New Delhi last week.

National Technology Award 2017 for NRL

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AwARDS

BEL wins six Raksha Mantri’s Awards

Navratna Defence PSU Bharat Electronics Ltd (BEL) has won six of the Raksha Mantri’s Awards for Excellence for the years 2014-15 and 2015-16. Mr. M. V.

Gowtama, Chairman & Managing Director, Directors and other senior officers of BEL received the awards from Mr. Arun Jaitley, Raksha Mantri, and Mr. Subhash Bhamre, Raksha Rajya Mantri, at a ceremony organized in New Delhi on May 30, 2017. The Raksha Mantri’s Awards have been instituted to recognize exemplary performance amongst Ordnance Factories and Defense Public Sector Undertakings (DPSUs).

Oil India Limited (OIL) recently bagged the Golden Peacock National Training Award 2017 and Golden Globe Tigers Award 2017 for

industry excellence in Training. While the Golden Globe Tigers Award was conferred to OIL for Learning & Development (L&D) Department’s initiative under “Best Development Programme in Public Sector for Workers” (Excellence in Training and Development), the Golden Peacock National Training Award 2017 was given for OIL’s efforts in the field of innovative Learning & Development.

The Golden Peacock National Training Award 2017 was given away during India’s Dubai Global Convention 2017 in Dubai by His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Cabinet Member and Minister of Culture and Knowledge Development, Govt. of UAE, among others dignitaries, to Mr. B P Sarma, RCE, OIL and Mr. R K Talukdar, GM (L&D), OIL and Lt. Gen. J. S. Ahluwalia, PVSM (Retd.), President, Institute of Directors, India.

OIL Bags Golden Peacock National Training Award and Golden Globe Tigers Award 2017

The Golden Globe Tigers Award was given to OIL at Golden Globe Tigers Awards Night 2017 organised at Pullman City Centre Hotel and Residences, Kuala Lumpur, Malaysia. OIL won from among 214 applicants, including SMEs, public, private, government enterprises and NGOs for the year 2017.

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MoUs

Around 10,000 needy people with orthopaedic disabilities in Angul, Jharsuguda, Sambalpur and Sundargarh of Odisha will be provided

aids and appliance by Mahanadi Coalfields Limited (MCL) at a cost of Rs 5 crore under Corporate Social Responsibility (CSR).

In this regard, MCL has signed a memorandum with ALIMCO (Artificial Limb Manufacturing Corporation of India), a Central Public Sector Enterprise under the administrative control of Ministry of Social Justice & Empowerment for providing aids and appliances to needy people with orthopaedic disability in its four operational districts in Odisha.

The MoU was signed recently by Mr. A. K. Pandey, General Manager (CSR), MCL and Mr. R. K. Mathur, DGM and In-charge AAPC-Bhubaneswar (ALIMCO) in the presence of Mr. D. R. Sarin, CMD, ALIMCO, Kanpur and Mr. B. B. Mishra, General Manager (Civil), In-charge MCL Office, Bhubaneswar.

National Aluminium Company Limited (Nalco) signed an MoU with the Ministry of Mines, Govt. of India setting higher targets in

production, productivity, turnover and CAPEX for the FY 2017-18. The MoU was signed between Mr. Arun Kumar, Secretary, Ministry of Mines and Dr. Tapan Kumar Chand, CMD, Nalco in New Delhi recently. Secretary Mines complimented the management in NALCO for the excellent performance of the company in 2016-17 and its robust business plan for 2017-18. The MoU was formulated as per the new Department of Public Enterprise guidelines and finalized after discussions with both Inter-Ministerial Committee as well as Ministry of Mines.

MCL signs Rs. 5 crore MoU with ALIMCO NALCO inks MoU with Government of India setting Higher Targets

JuNe-JuLY, 2017

september, 2015

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Mr. J. C. Nakra takes over as Director

(Projects), EIL.

Mr. Ashutosh Vasant appointed as Director

(POM), RailTel.

Mr. Varanasi Venkata Venu Gopal Rao

assumed charge as Director(Finance), RINL.

Mr. Suvamay Halder appointed as Member

(Finance), DVC.

Mr. T. Venkatasubramanian takes over as CVO

NLCIL.

Mr. Sanjeev Singh takes over as

Chairman, IndianOil.

Mr. S. Chakravarty appointed as CMD

ECL.

Mr. M. V. Subba Rao Director (Commercial)

has been assigned additional charge as CMD, KIOCL.

Mr. Suresh Warior takes over as additional

charge of CMD, RCF.

Mr. Sunil Mehta appointed as Managing

Director & CEO, PNB.

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Hon'ble Union Minister of Law & Technology, Shri Ravi ... CMD, MECL and MD, IRFC and others....

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Transcript of Hon'ble Union Minister of Law & Technology, Shri Ravi ... CMD, MECL and MD, IRFC and others....