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SCOPE organized a Seminar on “Financial Communication & Investor Relations Management” on 12th-13th July 2018 which was

inaugurated by Shri Atanu Chakraborty, IAS, Secretary, Department of Investment and Public Asset Management (DIPAM) in the presence of Mr. Ved Prakash, Chairman, SCOPE and CMD, MMTC, Dr. U.D. Choubey, Director General,  SCOPE. Secretary, DIPAM also released the special issue of Kaleidoscope on the theme of the seminar.

While inaugurating, Mr. Atanu Chakraborty, IAS, Secretary, DIPAM complimented SCOPE for building capacities of PSE executives in the important area of investors relations and financial communications.  He advised that organisations need to share maximum information as it will create trust and better brand of the PSEs.  

Mr. Ved Prakash, Chairman, SCOPE & CMD, MMTC Limited  while  highlighting the importance of investor relations, advised PSEs to have

a written IR strategy and manual to support better preparation of an IPO and to help ensure regulatory compliance.

Dr U.D. Choubey, Director General, SCOPE in his address emphasized for creation of a Sovereign Holding Company to create value for the government through investments not only in domestic market but also in the international markets. Such a review of disinvestment policy could mobilize large financial resources than from disinvestment proceeds presently.

Prof. Jaishri Jethwaney of ISID and Program Director gave the program perspective of the Seminar. Mr. Prithvi Haldea, Fouder Chairman, Prime Database and the Program Director also addressed the participants. The valedictory address was given by Mr. Ajit Kumar Jha, Editor (Research), India Today Group. The seminar was attended by large number of senior executives of public Sector enterprises.

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SCOPE’s Programme on better Investor Relation strategy in PSEs

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SCOPE organized Conclave of CEOs of public sector enterprises which  deliberated inter alia (1) CPSEs Roadmap for PM’s Vision 2022  and (2) common issues of CPSEs requiring attention

of the government.

Mr. Ved Prakash, Chairman, SCOPE,  Mr. D.K. Hota, Vice Chairman, SCOPE  and Dr. U.D. Choubey, Director General, SCOPE led the deliberations which was participated by galaxy of large many chief executives of public sector enterprises. 

Based on the deliberations, SCOPE  will further take it up with the government for reform.

SCOPE Organizes CEOs' Conclave of CPSEs

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Book entitled "Future of Public Sector in India"

by Dr. U.D. Choubey was released by Hon'ble

Minister of State for Labour & Employment (I/C)

Shri Santosh Gangwar in the presence of Nobel

laureate, Mr. Kailash Satyarthi, in Geneva.

While speaking in Global Environmental Conclave,

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

pleaded for general awareness, clean technology

as well as compromised policy on regulation and

industrial activity to protect the environment.

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SCOPE Celebrates International Yoga Day

SCOPE celebrated the 4th International  Yoga  Day  at its premises recently. Mr. Ved Prakash, Chairman, SCOPE &

CMD, MMTC and Dr. U.D. Choubey, Director General, SCOPE highlighted the importance of yoga in day to day life.

Mr. Ved Prakash, Chairman, SCOPE said that yoga, meditation and prayer are key to a healthy and peaceful living.  He informed that SCOPE has been organizing Annual  Yoga  Day  every year because of inspiration from Hon’ble Prime Minister.

Large many employees of SCOPE and PSUs participated in the  Yoga  Camp.    On this occasion,  Yoga  Guru Saurabh Samir from Munger YogaCentre shared the benefits of Yoga and also demonstrated the Asanas for a happy and stress free life.

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Global Competitiveness Ranking 2017-18Rank

in 137 Countries

Country / Economy Score Dist. from

best

1 Switzerland 5.9 0.00% from best

2 United States 5.9 0.09% from best

3 Singapore 5.7 2.60% from best

4 Netherlands 5.7 3.34% from best

5 Germany 5.7 3.46% from best

6 Hong Kong SAR 5.5 5.56% from best

7 Sweden 5.5 5.78% from best

8 United Kingdom 5.5 5.99% from best

9 Japan 5.5 6.19% from best

10 Finland 5.5 6.29% from best

11 Norway 5.4 7.75% from best

12 Denmark 5.4 7.97% from best

13 New Zealand 5.4 8.35% from best

14 Canada 5.3 8.69% from best

15 Taiwan, China 5.3 9.07% from best

16 Israel 5.3 9.31% from best

17 United Arab Emirates 5.3 9.58% from best

18 Austria 5.2 10.43% from best

19 Luxembourg 5.2 10.68% from best

20 Belgium 5.2 10.80% from best

21 Australia 5.2 11.37% from best

Rank

in 137 Countries

Country / Economy Score Dist. from best

22 France 5.2 11.58% from best

23 Malaysia 5.2 11.66% from best

24 Ireland 5.2 11.94% from best

25 Qatar 5.1 12.84% from best

26 Korea, Rep. 5.1 13.41% from best

27 China 5.0 14.61% from best

28 Iceland 5.0 14.76% from best

29 Estonia 4.8 17.21% from best

30 Saudi Arabia 4.8 17.59% from best

31 Czech Republic 4.8 18.49% from best

32 Thailand 4.7 19.36% from best

33 Chile 4.7 19.62% from best

34 Spain 4.7 19.76% from best

35 Azerbaijan 4.7 19.93% from best

36 Indonesia 4.7 20.08% from best

37 Malta 4.6 20.65% from best

38 Russian Federation 4.6 20.76% from best

39 Poland 4.6 21.57% from best

40 India 4.6 21.70% from best

Source: The Global Competitiveness Report 2017–2018

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Source : UNCTAD Global Investment Trends Monitor

Countries with Most FDI Inflows

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Top 10 Profit Making CPSEs during 2016-17 (Rs. in crore)

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Indian Oil Corporation Ltd. 19106 19.69%Oil & Natural Gas Corporation Ltd. 17900 18.45%

Coal India Ltd. 14501 14.94%NTPC Ltd. 9385 9.67%Bharat Petroleum Corpn. Ltd. 8039 8.28%Power Grid Corporation 7520 7.75%Rural Electrification Corporation Ltd (REC) 6246 6.44%Hindustan Petroleum Corporation Ltd (HPCL) 6209 6.40%Mahanadi Coalfields Ltd. 4492 4.63%Mangalore Refinery & Petrochemicals Ltd. 3644 3.75%Total (1 to 10) 97042 63.57%Net Profit of Profit making CPSEs (174) 152647 100%

Source: Public Sector Enterprises 2016-17Source: Public Sector Enterprises 2016-17

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Source: Public Sector Enterprises 2016-17

Gross Revenue from Operations of CPSEs (In Rs. Crore)

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pse news

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Deoghar Airport in Jharkhand is getting developed to provide better services to the air passengers of the region. The Foundation Stone of the development of

Deoghar Airport was laid by Prime Minister of India through a video link from an event in Sindri, Jharkhand. The foundation stone laying ceremony took place in the presence of Smt. Droupadi Murmu, Governor of Jharkhand; Mr. Raghubar Das, Chief Minister, Jharkhand, Mr. R. K. Singh, Union Minister for Power and New & Renewable Energy, Mr. Ashwini Kumar Choubey, Union Minister of State for Health & Family Welfare and other dignitaries.

PM lays the Foundation Stone for the Development of Deoghar Airport in Jharkhand

Airports Authority of India (AAI) has signed a 15-year contract worth Rs. 945 cr. with Harris Corporation for its Futuristic Telecommunications

Infrastructure initiatives. Harris Corporation will serve as the prime contractor and systems integrator for the same. This initiative will upgrade network operations, enhance security, and improve the performance, reliability and quality of India’s air traffic management communications network, while reducing telecommunications costs. The contract was signed by Mr. A.K. Banerjee, ED (CNS-OM) and Mr. Rick Simonian, Vice President, Harris Corporation at the 6th U.S.-India Aviation Summit in Mumbai.

AAI to modernize India’s Air Traffic Management Communications Infrastructure

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BEML Ltd. has achieved the highest ever net sales turnover of Rs. 3246 crs, for the year 2017-18 registering a growth of 30 percent over the

previous year.

Mining and Construction business registered a growth of 11 percent; while Rail and Metro business achieved record production/sales of 244 Metro Cars, registering a growth of 114 percent over the previous year. Despite constraints Defence Business too registered a growth of 10 percent. Such commendable performance has helped the Company to register a PBT of Rs 164 crs after a gap of 5 years, which is a jump of over 67 percent.

The ‘Out Door Gym’ was inaugurated recently by Rear Admiral V K Saxena(Retd), CMD, inside Garden Reach Shipbuilders & Engineers

Ltd Main Unit. The Management is keen on ensuring that the employees remain physically fit and healthy, which would thereby increase the productivity. In an environment of stress and strain,which is obvious in the Shipbuilding Industry, due to tough time lines of Ship’s deliveries, these kind of employee friendly initiatives will go a long way in keeping a bonhomie amongst the employees.

BEML achieves the Highest Ever sales Turnover: Registers 30 percent growth

Employee Wellness Initiative at GRSE

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Mr. Hamza Yahia Cherif, Ambassador of Algeria to India, visited Goa Shipyard Limited recently. RAdm Shekhar Mital, NM (Retd) CMD GSL conducted the

Ambassador around the shipyard and apprised him of the various shipbuilding, ship repair activities and the expertise available at GSL, besides the recent Export Projects, successfully completed by GSL in last 2 years. He was taken around Coast Guard Ships that are under various stages of construction at GSL. The Ambassador was apprised of the ambitious GSL modernization plan and progress thereof. The modernization will result into tripling the shipbuilding capacity of the company, by which GSL can build 14 OPV class ship concurrently, besides creating of one of its kind facility for GRP based MCMVs indigenously.

Dr Ajay Kumar, IAS, Secretary (Defence Production) visited the Country’s premier warship building yard, Mazagon Dock

Shipbuilders Ltd. recently. He was received by Cmde Rakesh Anand, CMD, MDL.   He reviewed the ongoing Submarine and Warship projects, visited the yard production facilities and a presentation was made to showcase MDL’s capabilities.

  Dr Ajay Kumar exhorted the top management to make MDL a world class ship and submarine building facility matching the best in the world.

Algerian Ambassador Visits Goa Shipyard Ltd.

Secretary (DP) visits MDL

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Prime Minister Shri Narendra Modi and Bangladesh Prime Minister , Ms. Sheikh

Hasina inaugurated ‘Bangladesh Bhavan’ at the campus of Visva Bharati University, founded by Rabindranath Tagore in 1921 at Bolpur in Santiniketan, in the presence of Smt Mamata Banerjee, Chief Minister of West Bengal recently. NBCC (India) Ltd, was the implementing agency for this Rs 24.22 cr. project.

Prime Minister Narendra Modi laid the foundation stone for the 2400MW first phase of NTPC's Patratu Super Thermal Power Project in Jharkhand recently. The project is a 74: 26

Joint Venture between Government of Jharkhand (GoJ) and Patratu Vidyut Utpadan Nigam Ltd. (PVUN), a subsidiary company of NTPC establishing a total capacity expansion of 4,000MW.

Mr. Droupadi Murmu, Governer, Jharkhand; Mr. Raghubar Das, Chief Minister, Jharkhand;  Mr. R.K.

Singh, Union Minister of State (I/C), Power and New & Renewable Energy; other dignitaries and

senior officials from Ministry of Power and NTPC were present on the occasion.

Hon’ble Prime Ministers of India and Bangladesh jointly inaugurate NBCC built ‘Bangladesh Bhavan’ at Visva Bharati Campus

Prime Minister Narendra Modi lays foundation stone for Patratu Super Thermal Power Project

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Commencement of Pawan Hans Heli Taxi Services from Shimla To

Chandigarh & Back

Government of Himachal Pradesh in association with PHL introducing Heli Taxi between Shimla-Chandigarh-Shimla to

promote Heli Tourism in the State this initiative of Government of Himachal Pradesh will give a major boast to the Tourism Industry and also to connect the State capital of three states i.e. H.P., Punjab and Haryana.

Chief Minister, Himachal Pradesh Mr. Jairam Thakur will flag off the First Flight of Pawan Hans Heli Taxi recently from Shimla Airport. Pawan Hans have deputed a 20-seater chopper to ferry passengers & promote heli tourism. The minimum fare has been fixed at Rs.2,999/-.

Steel Authority of India Ltd. (SAIL) first blast furnace ‘Parvati’ situated at SAIL’s Rourkela Steel Plant

(RSP) has been rebuilt under company’s modernization and expansion program and is successfully blown in recently. SAIL-RSP’s Blast Furnace No.1 – Parvati is rebuilt with state-of-the-art features and additional capacity. The useful volume of this rebuilt furnace, in its new avatar, has increased from 1139 cubic meter to 1710 cubic metre, as a result of which the annual production capacity of the furnace will go up from 0.438 MT per annum to 1.015 MT per annum.  The rebuilt blast furnace was blown-in by Mr. Ashwini Kumar, CEO, RSP.

Rebuilt Blast Furnace-1 ‘Parvati’ of SAIL, Rourkela Steel

Plant blown in

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The Shipping Corporation of India Ltd (SCI) has started a new service called ‘Chennai Port Blair Service (CPBS) to

run between Chennai and Port Blair. The first voyage of CPBS was inaugurated at DP World Terminal, Chennai recently in the presence of Capt. R. Venkatesh, Terminal CEO, DP World Chennai and Mr. J.S.Kishore, Deputy General Manager, SCI Chennai.

SCI starts new Chennai Port Blair Service

Raksha Mantri inaugurates 16 MW solar power plant set up by

BEL at HVF, Avadi

The Raksha Mantri, Smt Nirmala Sitharaman, recently inaugurated a 16 MW grid-connected Solar Power Plant set

up by Bharat Electronics Limited (BEL) at Heavy Vehicle Factory (HVF), Avadi. Mr M V Gowtama, CMD, BEL, was also present on the occasion. This is one among many green initiatives undertaken by BEL.

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Prime Minister Mr. Narendra Modi recently dedicated Steel Authority of India Ltd.’s (SAIL) modernized and expanded Bhilai Steel Plant to the nation at Bhilai in a magnificent function attended by a huge gathering

of citizens and dignitaries. With this historic dedication to the nation, SAIL completed its modernization and expansion programme (MODEX) which enhances the steel making capacity of the Company to 21 MTPA. The occasion was witnessed by Union Minister for Steel, Mr. Chaudhary Birender Singh, Chief Minister of Chhattisgarh Mr. Raman Singh, Union Minister of State for Steel Mr. Vishnu Deo Sai, Union Minister of State for Telecommunications, I/c, Mr. Manoj Sinha and several other dignitaries. Before dedicating the new plant to the nation, Prime Minister also visited Bhilai Steel Plant where he witnessed the new and expanded steel making facilities. During the Plant visit, Secretary Steel Dr. Aruna Sharma, Officer on Special Duty, Steel, Mr. Binoy Kumar, Chairman SAIL, Mr. PK Singh and CEO, Bhilai Steel Plant, Mr. M Ravi were also present.

PM dedicates modernized Bhilai Steel Plant to Nation, SAIL completes its modernization and expansion with the dedication

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Garden Reach Shipbuilders and Engineers Limited (GRSE) has set-up a Pump Test Bed Facility at its Taratala Unit and the same was Inaugurated and Commissioned by

Rear Admiral V.K.Saxena, IN (Retd.), CMD,GRSE recently the presence of Mr. S.S.Dogra, Director(Finance), Mr. A.K.Nanda, Director(Personnel) and Cmde Sanjeev Nayyar, Director(Shipbuilding) and other senior officials of the Company.

This Test Bed has the capability to undertake trials of 30 pumps in a month.

Inauguration of Pump Test Bed Facility at Taratala Unit

India Gifts HAL Do -228 Aircraft to Seychelles; Aircraft to Fly on Seychelles Independence Day

External Affairs Minister Ms. Sushma Swaraj handed over HAL Do- 228 aircraft to the President, Republic of Seychelles, Mr. Danny Faure at a

ceremony in New Delhi recently. With this, the Maritime surveillance of the island nation received the much needed boost.

 Appreciating India’s support, Mr.  Faure described the `momentous occasion’ as historical day and said the inclusion of HAL Do-228 aircraft would bolster the coastal surveillance of Seychelles and provide strategic depth to policing its extensive Exclusive Economic Zone (EEZ). General (Dr) V K Singh (Retd) Union Minister of State for External Affairs, who was present on the occasion, handed over the symbolic key to the President of Seychelles. Mr. T Suvarna Raju, CMD, HAL, Vice Admiral G Ashok Kumar, DCNS, Senior officials from Seychelles, MEA, MOD and HAL were present on the occasion.

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Aiming to increase its foothold in the Aluminium industry, NALCO, organized a Meet of customers and vendors in

the Western region in Mumbai.

Addressing the large gathering in the financial capital, Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’Consumption of Aluminium in India will see a quantum jump by 2030 and the country has to enhance its production to meet the demand.

‘’ The Meet with customers and vendors of western region is one among a series of meets planned across the country.

Dr. T.K.Chand was also felicitated by the customers and vendors during the Meet. Amongst others, Mr. P.K.Mishra, Director (Commercial) addressed the Meet while Mr..S. Samantray, ED (Marketing) welcomed the delegates.

Aluminium Consumption in India to triple by 2030: Dr.Chand in Mumbai Road Show

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Mr. Piyush Goyal, Minister for Railways, Coal, Finance & Company Affairs recently inaugurated 300 MW Solar Power Projects erected

at Virudhunagar and Tirunelveli Districts. It was declared for commercial operation and dedicated these projects to the Nation.

The Solar Power projects erected at Thoppalaakkarai and Sethupuram in Virudhunagar District and Sellaiya Sezhiyanallur in Tirunelveli District, with an installed capacity of 100 MW each were dedicated to the Nation by the Minister, Mr. Piyush Goyal. These projects were erected at a cost of Rs.1302/- Cr. which includes Operation and Maintenance cost for 15 Years. The power produced from these units are given to Tamilnadu Power Generation and Distribution Company (TANGEDCO) at a cost of Rs.4.41/- per unit. After this, A Memorandum of Understanding by NLCIL and Anna University was

signed in the presence of Minister, CMD and other functional directors of NLCIL. This MOU was signed by Dr. V. Manoharan, General Manager/Centre for Applied Research & Development, NLCIL, Neyveli and Dr. S. Ganesan, Registrar, Anna University, Chennai. This signing was made to erect a pilot project on solar drying of lignite, in order to increase its Caloric Value from 2700 Kcal to 4350 Kcal. The cost of the pilot project is Rs.2 Crore 69 Lakhs.

In this function, Dr. Sarath Kumar Acharya, CMD/NLCIL, Mr. Rakesh Kumar, Director (Finance), Mr. Subir Das, Director (Mines), Mr. V. Thangapandian, Director (Power), Mr. R. Vikraman, Director (HR), Mr. Nathella Nagamohana Rao, Special Project Officer/NLCIL, Dr. Soorappa, Vice Chancellor, Anna University, Senior Officials and employees from NLCIL were present.

Minister for Railways, Coal, Finance & Company Affairs dedicates NLCIL's Three 100 MW Solar Power Projects at various places in Tamil Nadu to the Nation

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Power Finance Corporation Ltd. (PFC) has extended additional financial assistance to Rajasthan Rajya Vidyut Utpadan Nigam

Ltd.(RRVUNL) to support their efforts to comply with the new emission norms of MoE&F. This financial assistance totaling to Rs.2626 cr. is mainly for installation of Flue Gas Desulphurization Plant (FGD) and Selective Catalytic Reactor (SCR) as part of environmental up-gradation works at ongoing Super-critical thermal power projects at

Suratgarhand Chhabra having a capacity of 2x660 MW each. With this assistance,the cumulative sanction of PFC for above two projects amounts to Rs.10,218 cr.

The loan documents for the additional financial assistance with PFC were executed recentlyat PFC’s Office in New Delhi in the presence of Mr. Rajeev Sharma, CMD, PFC, Mr. N.K. Kothari, CMD, RRVUNL and other Senior Officials of both the organizations.

PFC sanctions Rs.10,218 Cr. To RRVUNL

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In commemoration of this occasion, the Company organized “WAPCOS RUN-BadtehKadamPragatikiAur” with the theme “Hum Fit toh India Fit” recently at India Gate, New Delhi, and all its offices across India and 45 Countries, as a pre event to the 50th

Foundation Day.

Mr. Arjun Ram Meghwal, Minister of State for Parliamentary Affairs and Water Resources, River Development & Ganga Rejuvenation and Dr. Satya Pal Singh, Minister of State for Human Resource Development and Water Resources, River Development & Ganga Rejuvenation were the Chief Guests. Mr. U.P. Singh, Secretary, Ministry of Water Resources; Mr. Nitishwar Kumar, Joint Secretary (Admn.), Mr. Sanjay Kundu, Joint Secretary (PP), Senior Officers from Ministry of Water Resources, River Development & Ganga Rejuvenation and WAPCOS were present. More than 1000 Participants from WAPCOS Family participated in the event. The Run was also organized at the Company’s Offices across India and all its offices abroad.

WAPCOS Ltd. celebrated its 50th Foundation Day recently

WAPCOS Run-Badteh Kadam Pragatiki Aur”

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envIRonMentdAY

With an objective of creating awareness about conservation of environment, AAI Officers Institute celebrated the World

Environment Day today. On this occasion, Mr. Sudhir Raheja, Member (Planning) and Mr. Anuj Aggarwal, Member (HR) planted saplings. Board Members were also apprised of the organic waste converter machine placed at the institute, which convert the food waste into compost.

Airports Authority of India celebrates World Environment Day

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Oil India Limited (OIL) celebrated, the World Environment Day (WED)-2018 recently at its Corporate Office in Noida, with whole-hearted

enthusiasm and commitment to the cause. Various events were organised during the day long program which was celebrated around the theme for this year, “Beat Plastic Pollution”, which urges us to reduce use of plastic in all our day to day activities.

The program was attended by Mr. Utpal Bora, Chairman & Managing Director, OIL along with the members on the Board of OIL.

Oil India Limited celebrates World Environment Day

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Mr. AV Ramana, Chairman (I/c), Cochin Port Trust inaugurated planting of saplings in the

Port area, on the occasion of World Environment Day.

KIOCL Ltd. celebrated World Environment Day in its true spirit at all its Units. In the Corporate Office,

Bengaluru recently while celebrating the Environment Day, Mr. N. Vidyanand; Director (P&P), present on the occasion, emphasized the need for having Clean and Green environment and requested everyone to contribute in their own way to protect the environment.

Cochin Port Trust celebrates World Environment Day

World Environment Day at KIOCL

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Dr. Tapan Kumar Chand, CMD, NALCO, flagged off the 3km Mini-Marathon from IDCO Exhibition Ground to Kalinga

Stadium, on the eve of world environment day 2018, which focuses on the theme – ‘Beat plastic pollution’.

Thousands of citizens, including school students, senior citizens, residents of Bhubaneswar, employees of PSUs comprising NALCO, Indian Oil, MCL, NTPC, Power Grid Corporation of India, pledged to beat the menace of plastic pollution and participated in this noble initiative.

As a new approach to induce the young hearts to reduce use of plastic materials, a mini PLOGGING Race (picking

of plastics by jogging) was conducted for school students from Double bridge to Gandhi statue about 2.0km and it was an encouraging event to see young kids involved themselves actively to make our place clean. It was flagged off by Mr. V.Thangapandian Director, Power and Mr. R.Vikraman, Director, HR of NLCIL.

NALCO CMD flags off Mini-Marathon to ‘Beat Plastic Pollution’ on the eve of

World Environment Day 2018

NLCIL celebrates World Environment Day

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In view of the World Environment Day 2018, REC Limited, contributed one million USD to the International Solar Alliance (ISA) becoming a

corpus contributor. REC’s Chairman & Managing Director Dr. P.V. Ramesh handed over the cheque to Interim Director General of ISA Mr. Upendra Tripathy in the presence of the Power Minister Mr. R.K. Singh, REC’s Director (Technical) Mr. S.K. Gupta and other senior officials from the two organisations. The pact was inked recently at the World Environment Day exhibition at Vigyan Bhawan in New Delhi.

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REC commits USD 1 million to ISA on Environment Day

NBCC CMD pledges Green Construction before PM on World Environment Day

Dr. A. K. Mittal, CMD, NBCC (India) Ltd. was among the select group of CEOs who took pledge in presence of Prime Minister Shri Narendra Modi at global World

Environment Day 2018 function held at Vigyan Bhawan, New Delhi recently. United Nations Environment Programme has selected India to be the global host of World Environment Day 2018. In his pledge Dr. Mittal said, “NBCC will lead by example ensuring total adoption of environment friendly and sustainable technologies, and use of dry technology & modular products at its projects to make them ‘Green’ and dust free, setting new standards for the sector”.

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After successfully launching Electric Vehicle (EV) service free of cost at Puri railway station in March this year, NALCO has once again extended EV service

in Bhubaneswar and Cuttack, for the benefit of senior citizens, differently-abled passengers and sick people, in association with East Coast Railways.

The free EV service was flagged off by Dr. Tapan Kumar Chand, CMD, NALCO and Mr. Braj Mohan Agarwal, Divisional Railway Manager, Khurda.

NALCO extends Electric Vehicle transport services to Divyangs, sick persons and old persons in Bhubaneswar & Cuttack Railway Station

REC to Train 1000 Women in Mewat under CSR

REC Foundation, the CSR arm of REC Ltd., has partnered with Matrix Society for Social Services (MASS) to provide job-oriented skill-development training to

women in 100 Self Help Groups in Mewat (Haryana). Under the project, doorstep training in stitching, tailoring, embroidery, food processing, beauty and wellness will be provided to 1000 women enabling them to gain financial independence and raise their family income.

The agreement committing financial assistance of Rs. 77 lakh from REC to MASS was signed recently in New Delhi by Mr. Rajpal Singh, DGM(CSR), REC and Mr. R.K. Singh, President, MASS in the presence of Mr. Ajeet Agarwal, Director (Finance), REC and other senior officials from REC and MASS.

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NMDC Contributes under CSR for ‘Victims Assistance Fund’ of Police Authorities, Telangana State

NMDC provided financial assistance of Rs. One Crore to enable them create a corpus fund - ‘Victims Assistance Fund’ – a fund maintained by the Police

Authorities of Telangana State, which is aimed at supporting victims of various crimes like domestic violence, rape, Prevention of Children From Sexual Offences (POCSO) etc.

NMDC is the first Corporate contributor to the Corpus Fund of the above Victims Assistance Fund by contributing an amount of Rs. One Crore from its CSR fund, by signing a MoA with the O/o The Commissioner of Police, Hyderabad on 29.05.2018. The MoA was signed by Mr. S.P. Himanshu, General Manager (Personnel) on behalf of NMDC and Ms. Swati Lakra (IPS), Inspector General of Police (Law & Order) & In-Charge Women Safety, Hyderabad on behalf of Police Department.

PFC signs MoA with Central Agricultural University

PFC extended financial assistance of Rs. 2.24 Cr. towards Skill development for Unemployed Youth belonging to SC/ST/OBC/PwD/Women and EWS of society in six

states of North East Region through Central Agricultural University (CAU), Manipur under PFC’s CSR initiatives for FY 2018-19.

A Memorandum of Agreement has been signed between PFC and CAU for execution of this project at the College of PG Studies, Barapani, Meghalaya in presence of Mr. Rajeev Sharma, CMD, PFC, Prof. Premjit Singh, Vice-Chancellor, CAU and Mr. D Ravi, Director (Comm.) PFC. Mr. Dinesh Vij, ED (CSR) signed the MoA documents on behalf of PFC. Faculty members and other senior officials of CAU were also present on this occasion.

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MoU

Bharat Heavy Electricals Limited (BHEL) signed a Memorandum of Understanding (MoU) with Govt. of India outlining the performance

targets for the year 2018-19 in New Delhi. The MoU was signed by Dr. A.R.Sihag, Secretary, Department of Heavy Industry (DHI), Ministry of Heavy Industries & Public Enterprises and Mr. Atul Sobti, CMD, BHEL in the presence of senior officials of DHI and BHEL.

BHEL Signs MoU with DHI

A Memorandum of Understanding was signed between the Ministry of Mines (MoM) and Hindustan Copper Limited (HCL) recently in New

Delhi outlining business plan for the financial year 2018-19.

Mr. Anil Mukim, Secretary (Mines), and Mr. Santosh Sharma, CMD, HCL, signed the MoU on behalf of the Ministry of Mines and the Company respectively.

Mr. N.K.Singh and A.K. Nayak, Joint Secretaries, MoM, and Ms Farida Naik, Director, MoM, were also present during the signing of the MoU.

The MoU sets 11 percent higher capacity utilisation as compared to last year.

Hindustan Copper signs MoU with Ministry of Mines

JuNe - JuLY, 2018

34

ITI Limited signed a Memorandum of Understanding (MoU) with the Department of Telecommunications, Ministry of Communications& IT

for the year 2018-19. Ms. Aruna Sundararajan, IAS, Telecom Secretary and Chairman (Telecom Commission), Department of Telecommunications and Mr. S. Gopu, the then CMD, ITI Ltd. signed the MoU recently.

The MoU envisages ITI’s significant role in the field of Telecommunications to pursue opportunities of indigenous telecom equipments, viz., GPON manufacturing with indigenous technology (C-DoT) arising out of Government’s National Telecom Policy,IoT Space, Digital India and Make in India campaigns and also to play an important role in the Government of India funded projects of national importance like BharatNet Phase II, Network for Spectrum (NFS) and Encryption projects of Ministry of Defence.

Mineral Exploration Corporation Limited (MECL) signed a Memorandum of Understanding (MoU) with Ministry of Mines,

Govt. of India for the Financial Year 2018-19 recently in New Delhi. The MoU was signed by Mr. Anil Gopishankar Mukim, Secretary , Ministry of Mines and Mr. R.N. Jha, CMD (I/c), MECL in the presence of Dr. K. Rajeswara Rao, Add. Secretary, Mr. Bipul Pathak, Jt. Secretary and Dr. Joyesh Bagchi, Director (Technical) from Ministry of Mines and Mr. Yogesh Sharma, General Manager (BD/E), MECL.

The salient features of the MoU include more than 6 lakhs meters of drilling with enhanced productivity, development of In-house Bore-well Deviation Camera, completion of client order without time over run, assessment of level in line with People Capability Maturity Level (PCML), online Human Resource Management System (HRMS) in MECL as well as Registration of new MSE Vendors, etc.

ITI Limited inks MoU with Department of Telecommunications

NBCC Diversifies Into Highway Construction

MoUJuNe - JuLY, 2018

35

MoUJuNe - JuLY, 2018

PFC signing of MoU with Ministry of Power

Power Finance Corporation Ltd (PFC) has signed a performance-based ‘Memorandum of Understanding’ (MoU) with Ministry of Power detailing

various targets to be achieved by PFC during FY 2018-19. The MoU has been signed by Mr. Ajay Kumar Bhalla, Secretary (Power) and Mr. Rajeev Sharma, CMD, PFC in presence of various senior officials of MOP and PFC. The MoU contains various parameters relating to financial viz., Revenue from operations, Loan Disbursements, Loan Assets, Cost of raising funds and Non-financial parameters viz., Human Resource management and IPDS-related parameters.

National Aluminium Company Limited (NALCO) signed MoU with the Ministry of Mines setting highest ever target of Rs 9350 cr. revenue from

operations for FY 2018-19 which is 15 percent higher than last year. The MoU was signed between Mr. Anil Gopishankar Mukim, Secretary, Ministry of Mines, GoI and Dr. Tapan Kumar Chand, CMD, NALCO in New Delhi, recently. The MoU has also set a target of 2.1 million tons for production of Alumina with 100 percent capacity utilisation and an optimum Aluminium production target of 4.15 lakh tonnes. It sets a target of reduction in net carbon consumption as part of improvement in production efficiency, apart from giving thrust to commercialisation of new RandD products. The Company has set a challenging CAPEX target of Rs.1100 cr. for the year 2018-19.

NALCO inks MoU with Ministry of Mines

36

MoUJuNe - JuLY, 2018

NBCC, signed Memorandum of Understanding (MoU) for the FY 2018-19 with its Ministry recently. The signed MoU outlines performance

targets for the Company based on various financial parameters, dynamic parameters, sector specific and enterprise specific parameters. While sales turnover has been fixed at Rs. 7200 Cr., operating profit has been targeted at Rs 367.20 crore which shall be a hike of 15 percent from the previous year’s profit. Further, this year's MoU has laid specific emphasis on achieving set milestones with respect to NBCC’s subsidiary companies and HRM parameters. The annual MoU has been signed recently by Mr. Durga Shanker Mishra, IAS, Secretary (HUA) on behalf of the MoHUA and Dr. Anoop. K. Mittal, CMD, NBCC, on behalf of NBCC. Senior Executives from the Ministry and NBCC were also present on the occasion.

A Memorandum of Understanding (MoU) was entered amongst Govt. of Bihar (GoB), Bihar State Power Holding Co. Ltd.

(BSPHCL), Bihar State Power Generation Co. Ltd (BSPGCL), North Bihar Power Distribution Company Ltd.(NBPDCL), South Bihar Power Distribution Company Ltd.(SBPDCL), Bihar State Power Transmission Company Limited (BSPTCL) and NTPC Limited recently at Patna for Performance improvement of Power Sector in the State of Bihar. The MoU was entered in the presence of Mr. Nitish Kumar, Chief Minister of Bihar, Mr. R. K. Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy and Mr. Bijendra Prasad Yadav, Energy Minister, Govt. of Bihar, Mr. Pratyaya Amrit, Principal Secretary, Department of Energy, Govt. of Bihar, Mr. Gurdeep Singh, CMD, NTPC Limited, Mr. Anand Kumar Gupta, Director (Commercial), NTPC, Mr. R. Lakshmanan, MD, BSPGCL and other dignitaries

NBCC signs Annual MoU with Ministry; Targets Growth of 15 percent in Profit

MoU between Govt. of Bihar and NTPC

37

MoUJuNe - JuLY, 2018

PDIL signs MOU with Department of Fertilizers

REIL inks MoU with MoHI&PE, Government of India for FY 2018-19

Projects & Development India Ltd (PDIL) signed MoU for 2018-19 with Department of Fertilizers. The MoU was signed between Ms. Bharathi

S.Sihag, Secretary, Department of Fertilizers and Mr. D. S. Sudhakar Ramaiah, Director (Finance) and CMD, PDIL recently. Senior Officials from DoF & PDIL were present on the occasion.

Rajasthan Electronics & Instruments Limited has signed MoU with the Department of Heavy Industry, Ministry of Heavy

Industries & Public Enterprises setting highest ever target of Rs. 280 crore revenue from operations for FY 2018-19 which is 17 percent higher than last year. Mr. A.K. Jain, MD, REIL signed MoU for performance targets of the Company for the year 2018-19 with Dr. A. R. Sihag, Secretary, Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises.

MoU signed between SCI and MoS

The Memorandum of Understanding (MOU) for the year 2018-2019

was signed between Ministry of Shipping (MoS) and The Shipping

Corporation of India Ltd (SCI) recently at New Delhi. Mr. Gopal Krishna, IAS,

Secretary (Shipping) and Capt. Anoop Kumar Sharma, CMD, SCI respectively

signed the MoU in the presence of senior officials of Ministry of Shipping.

38

MoUJuNe - JuLY, 2018

39

AwARdsJuNe - JuLY, 2018

Mr. A. K. Jha, CMD, Mahanadi Coalfields Limited (MCL) was conferred with award of Best Chief Executive by

GeoMineTech at Bhubaneswar recently.

At Geo-Mine-Tech Symposium organised coinciding with National Technology Day celebrations, Dr. T. K. Chand, CMD NALCO and Prof Sammadar, Ex-Professor IIT(ISM), Dhanbad, presented the award, which was received by Dr. Shambhu Jha, Technical Secretary to the CMD, MCL.

NMDC Limited has bagged the S&P Global PLATTS Global Metals Award 2018 in corporate social responsibility

category held recently at London Grosvenor Square Marriott Hotel, UK. Mr. N. Baijendra Kumar, IAS, Chairman-cum-Managing Director and Mr. Sandeep Tula, Director (Personnel), NMDC Limited received the award. The shortlisted 12 nominations were of renowned companies across the world. This is the first time since inception of this awards, an Indian Company bagged an award in this category.

Best Chief Executive Award to CMD MCL

NMDC bags S&P PLATTS Global Metals Award 2018 under CSR category

40

NMDC received Hindustan Ratan Award in the category of Best Financial Performing PSE. Mr. A. K. Padhy, General Manager

(Finance) and Mr. P. Jaya Prakash, Deputy General Manager (Corporate Communication) received the award on behalf of NMDC from Mr. Dharmendra Pradhan, Minister of Petroleum & Natural Gas, Skill Development & Entrepreneurship at a function held at New Delhi recently.

NMDC receives Best Financial Performing PSE Award

National Aluminium Company Limited bagged the Kalinga CSR Award-2017. The company was conferred this award in recognition

to its Best CSR Activities for Sustainable Development. The award was given away during the third National Seminar on “Corporate Social Responsibility Initiatives-2018 (Evaluating Sustainable Development)” held in Bhubaneshwar recently. The award was given by Mr. Prafulla Samal, Minister, Department of MSME, SSEPD and Women & Child Development, Government of Odisha, in the presence of Dr. Tapan Kumar Chand, CMD, NALCO. On behalf of NALCO, Mr. S.K. Behera, AGM(Administration & CSR) and Mr. C.R. Bisoi, Sr. Manager (CSR), received the award.

NALCO bags CSR Award

AwARdsJuNe - JuLY, 2018

september, 2015

41

AppoINtmeNts

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JuNe - JuLY, 2018

Mr. A. K. Jha takes over as

Chairman, Coal India.

Mr. K. Alagesan takes over as CMD

ITI Limited.

Mr. Sanajy Kumar is appointed as

Director (Network Planning &

Marketing), RAILTEL

Mr. Yatish Kumar assumes charge

as CMD, Braithwaite & Co. Ltd.

Mr. A Ratna Sekhar takes over as Director [HR &

Corporate Affairs], Balmer & Lawrie.

Mr. Manoj Jain assumes charge

as Director (Business Development), GAIL

Mr. Pravin Agrawal appointed as

Director BHEL.

Mr. Arup Chatterjee takes over as Director

Engineering (R&D), HAL.

Mr. Nadella Naga Maheswar Rao takes charges as

Director (Planning &Projects) of NLC

India Limited.

Mr. Atul Srivastava assumes charge

as Director (Personnel), SAIL.

Mr. Suraj Prakash is appointed as

Director (Finance) and Member on the Board

of BEML.

Mr. S. Balakrishanan appointed as

Director(Industrial Systems &

Products), BHEL.