Special Issue of KALEIDOSCOPE on Steel Sector Released

Issue 61, november-DECEMBER, 2016

Special Issue of KALEIDOSCOPE on Steel Sector released

DG, SCOPE meets Secretary, DPE Ms. Seema Bahuguna

SCOPE foresee large employment opportunity in Steel Sector

peaking on the occasion of release of Special Issue of manufacturing, plant and machinery and packaging. Dr. Choubey SKaleidoscope on Steel Sector (a journal of SCOPE), at SCOPE mentioned that the Special Issue of Kaleidoscope with lot of data Convention Centre, New Delhi on November 30, 2016, Mr. P.K. and articles from eminent persons shall prove as encyclopaedia on Singh, Chairman, Steel Authority of India Ltd (SAIL) expressed his Steel Sector. optimism for large many employment opportunity in Steel Sector Mr. Nirmal Sinha, Chairman, SCOPE & CMD, HHEC and Shri Ved for young engineering and management graduates because of Prakash, Vice Chairman, SCOPE and CMD, MMTC complimented expansion plan. for the efforts taken by SCOPE in this regard. Mr. Sanak Mishra, Dr. U.D. Choubey, Director General, SCOPE expressed his opinion Secretary General & Executive Head, Indian Steel Association that India has unique distinction for large consumption of steel in also spoke on the occasion. The function was attended by a large all the sectors such as infrastructure, construction, transporting, number of participants from various Public Sector Enterprises. 2 november-DECMEBER, 2016 Scope news

Media Relations Conclave for CEOs & Spokespersons SCOPE for Board Approved Media Relations Policy by PSEs

nderstanding the media and requirements, are important facets of Media Relations Management, UStanding Conference of Public Enterprises (SCOPE) organized a two day Media Relations Conclave for CEOs and Spokespersons of Public Sector Enterprises (PSES) on November 09th-10th, 2016 at SCOPE Convention Centre, New Delhi.

3 november-DECMEBER, 2016 Scope news

The conclave was inaugurated by Mr. Ved Prakash, Vice Chairman, SCOPE & CMD, MMTC while Mr. Milind Khandekar, Managing Editor, ABP News delivered the keynote address. Dr. U.D. Choubey, Director General, SCOPE delivered the welcome address. Dr. Jaishri Jethwaney, Programme Facilitator presented the overview of the conclave and Mr. R.K. Singhal, ED, SAIL gave the vote of thanks.

Mr. Bimal Julka (IAS- Retd.), Information Commissioner and former Secretary (I&B) delivered the valedictory address while Mr. Nirmal Sinha, Chairman, SCOPE and CMD, HHEC gave the special address. Dr. U.D. Choubey, DG, SCOPE, Dr. Jaishri Jethwaney and Mr. K.N. Dhawan also spoke in the valedictory session.

4 november-DECMEBER, 2016 Scope news

Third Pay Revision Committee SCOPE organizes CEO Conclave

he Department of Public Enterprises (DPE), Ministry of issues related to the pays and perks of PSE executives on August THeavy Industries & Public Enterprises vide Gazette Notification 24, 2016. Justice (Retd.) Satish Chandra was present on the occasion. June 9, 2016 had appointed the 3rd Pay Revision Committee (PRC) Mr. Nirmal Sinha, Chairman, SCOPE & CMD, HHEC and Dr. U.D. Choubey, under the Chairmanship of Justice (Retd.) Satish Chandra to Director General, SCOPE addressed the meet. The meeting started recommend the pay structure and other benefits for the categories with a welcome address by Director General, SCOPE, Dr. U.D. Choubey. of Board Level officers/below board level executives/ Non unionized Aon Hewitt presented a brief background of Public Sector Enterprises supervisory staff. In this regard, SCOPE has engaged M/s Aon and the guiding principles of Pay Revision along with detailed Services India Private Limited (Erstwhile Hewitt Associates (India) recommendations. The meeting concluded with the remarks by Justice Pvt Ltd) to develop recommendations on behalf of CPSEs and (Retd.) Satish Chandra. The meeting concluded with a vote of thanks submit it before the 3rd Pay Revision Committee. Executive Board by SCOPE Chairman, Mr. Nirmal Sinha. Chairman, SCOPE appreciated of Standing Conference of Public Enterprises (SCOPE) in its recent SCOPE’s effort and all the member organizations for organizing the meeting desired to organize a CEO Conclave to deliberate on important meet within a very short timeframe.

5 november-DECMEBER, 2016 Scope news

SCOPE highlights commendable performance by PSEs in Public Procurement

peaking at the Policy Roundtable on “Smart SPublic Procurement of IT & ITeS”, on November 17, 2016 at Indian Habitat Centre, Dr. U.D. Choubey, Director General, SCOPE emphasized the importance of public procurement by highlighting that public procurement forms 30 percent of India’s GDP. He told that e-procurement has brought transparency and has given a system in line with world best known enterprises. The programme was inaugurated by Mr. K.V. Chowdary, Central Vigilance Commissioner, CVC.

Programme on Government e-Market Place COPE supported a Programme on Government e Marketplace (GeM) for launching a portal, Sorganized by Directorate General of Supplies and Disposals (DGS&D) in collaboration with National Institute of Financial Management (NIFM) on October 27, 2016 at SCOPE Convention Centre, New Delhi. The highlight of the portal was given by Mr. Binoy Kumar, IAS, Director General, DGS&D .

Speaking in the inaugural session, Dr. U.D. Choubey, Director General, SCOPE told that transparency is the most disinfecting commodity and the objective of this portal is to eliminate human discretion in procurement process thereby imparting the best practices in corporate governance. DG, SCOPE extended all the support to DGS&D in this unique initiative.

6 november-DECMEBER, 2016 Scope news

SCOPE for extending the ambit of RTI to Non-Government Sectors

in implementing RTI in both letter and spirit, Dr. Choubey told that corruption is a common cancer for both public and private sector. Dr. Choubey said disparities between public and private sectors with regard to applicability of RTI has always hampered the competitiveness of public sector enterprises because whereas private sector have right to get lot of information from public sector but for public sector, the vice versa is not true under the present legal framework.

Dr. Choubey appreciated and complimented for introducing RTI and peaking in the 11th Annual Convention of Central empowering the people of India which Dr. U.D. Choubey, Director Information Commission (CIC) Dr. U.D. Choubey, S in turn has promoted confidence of General, SCOPE paying Director General, SCOPE strongly pleaded for investors and brand of public sector tribute to Martyrs by extending the provisions of RTI to non-government enterprises not only in domestic but lighting a Diya on behalf of sectors by way of widening the definition of “public also in international market. The Annual SCOPE and Public Sector money”. Convention was inaugurated by Hon’ble Enterprises. While reaffirming the commitment of Public Sector Home Minister.

7 november-DECMEBER, 2016 ECONOMIC INDICATORS

India - Economic Indicators 2016

Overview Last Reference Previous Range Frequency Markets Last Reference Previous Range Frequency GDP Growth Rate 1.4 % Jun/16 2 -1.8 : 5.8 Quarterly Gross Fixed Capital 8583 INR Sep/16 8640 2022 : Quarterly Formation Billion 9091 Unemployment Rate 4.9 % Dec/13 5.2 4.9 : 9.4 Yearly GDP per capita 1806 Dec/15 1699 317 : 1806 Yearly Inflation Rate 4.2 % Oct/16 4.39 3.69 : Monthly USD 11.16 GDP per capita PPP 5730 Dec/15 5392 1756 : Yearly Interest Rate 6.25 % Nov/16 6.25 4.25 : 14.5 Daily USD 5730

Balance of Trade -10160 Oct/16 -8340 -20211 : Monthly GDP From Agriculture 3095 IND Sep/16 3744 2715 : Quarterly USD 259 Billion 5217 Million GDP From Construction 2187 IND Sep/16 2291 1736 : Quarterly Government Debt to 67.2 % Dec/15 66.2 66 : 84.2 Yearly Billion 2291 GDP GDP From Manufacturing 4842 IND Sep/16 4902 3456 : Quarterly Markets Last Reference Previous Range Frequency Billion 4908 GDP From Mining 629 IND Sep/16 861 569 : 913 Quarterly Currency 67.92 Dec/16 68.01 7.19 : Daily Billion 68.81 GDP From Public 3862 IND Sep/16 3376 2324 : Quarterly Stock Market 26455 Dec/16 26349 113 : Daily Administration Billion 3862 points 29682 GDP From Utilities 610 IND Sep/16 624 482 : 624 Quarterly Government Bond 10Y 6.2 % Dec/16 6.22 4.96 : Daily Billion 14.76 Labour Last Reference Previous Range Frequency GDP Last Reference Previous Range Frequency Unemployment Rate 4.9 % Dec/13 5.2 4.9 : 9.4 Yearly GDP Growth Rate 1.4 % Jun/16 2 -1.8 : 5.8 Quarterly Employed Persons 29650 Dec/12 28999 17491 : Yearly GDP Annual Growth Rate 7.3 % Sep/16 7.1 -5.2 : 11.4 Quarterly Thousand 29650

GDP 2074 Dec/15 2042 63.5 : 2074 Yearly Unemployed Persons 44.79 Dec/12 40.17 5.1 : 44.79 Yearly USD Million Billion Labor Force 52.5 % Dec/13 50.9 50.9 : 52.9 Yearly GDP Constant Prices 29628 Sep/16 29173 7500 : Quarterly Participation Rate INR 30120 Billion Population 1254 Dec/15 1239 359 : 1254 Yearly Million Gross National Product 56739 Dec/14 54167 2787 : Yearly INR 56739 Retirement Age Women 60 Dec/15 60 60 : 60 Yearly Billion

8 november-DECMEBER, 2016 ECONOMIC INDICATORS

India / Economic Indicators 2016

Labour Last Reference Previous Range Frequency Prices Last Reference Previous Range Frequency

Retirement Age Men 60 Dec/15 60 60 : 60 Yearly Export Prices 300 Index Dec/15 312 100 : 312 Yearly Points Living Wage Family 32200 Jun/16 31100 30100 : Quarterly INR/ 32200 Import Prices 518 Index Dec/15 518 100 : 518 Yearly Month Points

Living Wage Individual 12500 Jun/16 12000 11400 : Quarterly Food Inflation 3.32 % Oct/16 3.96 2.15 : Monthly INR/ 12500 14.72 Month Cpi Transportation 115 Index Oct/16 114 103 : 115 Monthly Wages 272 INR/ Dec/14 256 3.87 : 272 Yearly Points Day Inflation Rate Mom 0.38 % Oct/16 -0.15 -1 : 1.77 Monthly Wages High Skilled 50300 Jun/16 48700 43000 : Quarterly INR/ 50300 Money Last Reference Previous Range Frequency Month Interest Rate 6.25 % Nov/16 6.25 4.25 : 14.5 Daily Wages In Manufacturing 347 INR/ Dec/14 322 4.86 : 347 Yearly Day Cash Reserve Ratio 4 % Dec/16 4 4 : 10.5 Daily

Wages Low Skilled 11900 Jun/16 10900 9000 : Quarterly Interbank Rate 5.86 % Nov/16 5.94 3.1 : 12.97 Daily INR/ 11900 Money Supply M1 28420 Sep/16 26931 80.15 : Monthly Month INR 28420 Youth Unemployment 12.9 % Dec/13 18.1 12.9 : 18.1 Yearly Billion Rate Money Supply M2 26951 Nov/16 28399 1127 : Monthly Prices Last Reference Previous Range Frequency INR 29134 Billion Inflation Rate 4.2 % Oct/16 4.39 3.69 : Monthly Money Supply M3 123768 Nov/16 123932 124 : Monthly 11.16 INR 123932 Consumer Price 131 Index Oct/16 131 86.81 : 131 Monthly Billion Index CPI Points Central Bank Balance 15239 Oct/16 15701 1624 : Monthly GDP Deflator 120 Index Dec/16 118 100 : 146 Yearly Sheet INR 16109 Points Billions

Producer Prices 183 Index Oct/16 183 97.5 : 186 Monthly Foreign Exchange 365310 Nov/16 365500 29048 : Weekly Points Reserves USD 383643 Million Producer Prices Change 3.39 % Oct/16 3.57 -11.31 : Monthly 34.68 Loan Growth 7.9 % Nov/16 9.1 7.9 : 18.7 Biweekly

9 november-DECMEBER, 2016 ECONOMIC INDICATORS

India / Economic Indicators 2016

Trade Last Reference Previous Range Frequency Trade Last Reference Previous Range Frequency

Balance of Trade -10160 Oct/16 -8340 -20211 : Monthly Crude Oil Production 736 BBL/ Mar/16 746 526 : 813 Monthly USD 259 D/1K Million Terrorism Index 7.48 Dec/15 7.75 7.22 : 8.09 Yearly Exports 23513 Oct/16 22881 59.01 : Monthly USD 30541 Weapons Sales 33 USD Dec/15 53 1 : 53 Yearly Million Million

Imports 33674 Oct/16 31220 117 : Monthly Government Last Reference Previous Range Frequency USD 45282 Million Government Debt to GDP 67.2 % Dec/15 66.2 66 : 84.2 Yearly

Current Account -300 USD Jun/16 -318 -31857 : Quarterly Government Budget -3.9 % of Dec/15 -4.5 -7.8 : -2.04 Yearly Million 7360 GDP

Current Account to -1.25 % Dec/15 -1.31 -4.82 : Yearly Government Budget -4235 Oct/16 -4480 -6025 : Monthly GDP 2.28 Value INR -94.06 Billion External Debt 479658 Jun/16 485078 96392 : Quarterly Government Spending 3839 INR Sep/16 3491 736 : 3839 Quarterly USD 485078 Billion Million Government Revenues 7273 INR Oct/16 5797 0.82 : Monthly Terms of Trade 57.9 Dec/15 60.2 57.9 : 100 Yearly Billion 12409 Index Points Fiscal Expenditure 11508 Oct/16 10277 137 : Monthly INR 17733 Capital Flows 156 USD Jun/16 10.57 -271 : 767 Quarterly Billion Million Credit Rating 47.56 : Monthly Foreign Direct 4612 Sep/16 4876 -60 : 5670 Monthly Investment USD Military Expenditure 51116 Dec/15 50914 16548 : Yearly Million USD 51116 Million Remittances 9687 Jun/16 8473 5999 : Quarterly USD 12293 Business Last Reference Previous Range Frequency Million Business Confidence 57.2 Jun/16 54.1 45.7 : 71.8 Quarterly Tourist Arrivals 615000 Sep/16 670000 129286 : Monthly 913000 Manufacturing PMI 52.3 Nov/16 54.4 48.5 : 55 Monthly

Gold Reserves 558 Sep/16 558 358 : 558 Quarterly Services PMI 46.7 Nov/16 54.5 44.6 : 57.5 Monthly Tonnes Index Points

10 november-DECMEBER, 2016 ECONOMIC INDICATORS

Business Last Reference Previous Range Frequency Consumer Last Reference Previous Range Frequency

Industrial Production 0.7 % Sep/16 -0.7 -7.2 : 20 Monthly Consumer Spending 16256 Sep/16 16055 4470 : Quarterly INR 16669 Industrial Production 2.4 % Sep/16 -0.4 -14.26 : Monthly Billion Mom 14.94 Disposable Personal 138192890 Dec/15 127880080 91540 : Yearly Income INR Million 138192890 Manufacturing 0.9 % Sep/16 -0.2 -9.1 : 24.3 Monthly Production Personal Savings 22124 Dec/13 20547 6.34 : Yearly INR 22124 Changes in Inventories 535 INR Sep/16 543 184 : 589 Quarterly Billion Billion Bank Lending Rate 9.65 % Nov/16 9.65 8 : 20 Monthly Car Production 241957 Oct/16 265652 7277 : Monthly Units 292861 Gasoline Prices 0.96 Nov/16 1 0.48 : 1.34 Monthly USD/ Car Registrations 265104 Oct/16 268058 6508 : Monthly Liter Cars 304900 Households Debt To Gdp 10.3 % of Mar/16 10.1 8.7 : 10.8 Quarterly Cement Production 22627 Sep/16 22283 9355 : Monthly GDP Thousands 26821 of Tonnes Mni Consumer Sentiment 113 Aug/16 112 108 : 134 Monthly

Competitiveness Index 4.52 Dec/17 4.31 4.2 : 4.52 Yearly Housing Last Reference Previous Range Frequency Points Housing Index 238 Index Mar/15 240 181 : 240 Quarterly Competitiveness Rank 39 Dec/17 55 39 : 71 Yearly Points Construction Output 6.6 % Oct/16 5 -1.3 : Monthly Corruption Index 38 Points Dec/15 38 26.3 : 38 Yearly 11.66 Corruption Rank 76 Dec/15 85 35 : 95 Yearly Taxes Last Reference Previous Range Frequency

Ease of Doing Business 130 Dec/16 131 130 : 139 Yearly Corporate Tax Rate 34.61 % Dec/16 34.61 32.44 : Yearly 38.95 Mining Production -3.1 % Sep/16 -5.8 -7.7 : 13 Monthly Personal Income Tax 35.54 % Dec/16 34.61 30 : 35.54 Yearly Mni Business Sentiment 66 Aug/16 62.8 47.5 : 71.2 Monthly Rate

Steel Production 8267 Oct/16 7880 713 : 8267 Monthly Sales Tax Rate 15 % Dec/16 14.5 12.36 : 15 Yearly Thousand Tonnes Social Security Rate 24 % Dec/16 24 24 : 24 Yearly Social Security Rate For 12 % Dec/16 12 12 : 12 Yearly Consumer Last Reference Previous Range Frequency Companies

Consumer Confidence 133 Sep/16 128 92 : 134 Quarterly Social Security Rate For 12 % Dec/16 12 12 : 12 Yearly Employees

Source: www.tradingeconomics.com

11 vIGILANCE november-DECMEBER, 2016 WEEK-2016

PSEs observe Vigilance Week 2016

AAI bhel concor DCIL

mcl Vig mrpl NALCO Vig NBCC Oil India

NFL NLC Vig NLCI ntpc

12 november-DECMEBER, 2016 PSEs News

Minister of Civil Aviation Minister of State (IC) for Power, inaugurated AAI’s booth in the Coal, New & Renewable Energy ICAO World Aviation Forum at and Mines, visits NLC Montreal, Canada

r. Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Government of India visited irports Authority of India recently participated in the ICAO World M Neyveli recently. The Minister was accompanied by Dr. Sarat Kumar Aviation Forum & 39th ICAO Triennial General Assembly which was A Acharya, CMD and Directors of NLC India Ltd. attended by delegates from 191 countries. Indian Delegation led by Minister of Civil Aviation Mr. Ashok Gajapathi Raju participated in the As part of his visit, the Minister visited Mine-I, and observed the mining event. Minister also inaugurated Airports Authority of India’s booth in operations. While visiting the Township view point at the high dump the presence of Mr. Alok Shekhar, Representative of India in Governing area of Mine-I, he was very much impressed by the aerial view of the Council of ICAO, Mr. Anuj Aggrawal, Member HR, AAI and other senior Township with covered greenery. He inaugurated the newly developed officers and delegates from India, during the IWAF & 39th ICAO General Eco Park located over 12 acres and planted a sapling in the afforestation Assembly held in Montreal, Canada. area of Mine-II and concluded his Industrial visit at TPS-I Expansion.

13 november-DECMEBER, 2016 PSEs News

Oil India Limited (OIL) led Indian consortium successfully completes two landmark acquisitions in Russia he Indian consortium led by Oil India Limited (OIL), including TIndian Oil Corporation Limited (IOCL)and Bharat PetroResources Limited (BPRL), a 100 percent subsidiary of Bharat Petroleum Corporation Limited (BPCL),have successfully completed two landmark acquisitions of producing upstream assets in Russia. The consortium acquired 29.9 percent stake in LLC Taas- YuryakhNeftegazodobycha (TaasYuryakh) and 23.9 percent stake in JSC Vankorneft (Vankorneft) from Rosneft Oil Company, the National Oil Company of Russia (Rosneft).

WAPCOS Ltd. Signs Memorandum of Cooperation with Financial and Banking Association Of Euro-Asian Cooperation, Russia APCOS Ltd. signed a Memorandum of Cooperation (MoC) with WFinancial and Banking Association of Euro-Asian Cooperation, Russia with the objective of deepening their strong economic and trade relations and taking into account the strengths and advantages of each side, intend to support and coordinate efforts in mutually beneficial fields. The MoC was signed by Mr. R. K. Gupta, CMD, WAPCOS Ltd. and Mr. Oleg Berezovoy, General Director, Financial and Banking Association of Euro-Asian Cooperation.

14 november-DECMEBER, 2016 PSEs News

Vizag Steel signs up with Olympic Union Minister of Shipping Silver medalist PV Sindhu visits SCI

ashtriya Ispat Nigam Limited, the corporate entity of Vizag Steel has roped Rin top ranked Indian Badminton Player PV Sindhu as its brand ambassador. r. Nitin Gadkari, Union Minister of Shipping visited The deal facilitated by Baseline- a sports marketing and a brand licensing firm the Head Office of The Shipping Corporation of India will see Vizag Steel become the major partner of the athlete and will also have M Ltd (SCI) recently. His visit began with the inspection the brand logo on the top chest of Sindhu’s playing jersey in international and of Guard of Honour presented by the Cadets of SCI´s domestic tournaments under the aegis of Badminton World Federation Events Maritime Training Institute (MTI) at Powai, Mumbai. Then, (BWF) and Badminton Association of India sanctioned events respectively. The Mr. Gadkari paid his respects by garlanding the busts of event was held at a function in Hyderabad recently. Indian national leaders located in the central lobby of SCI Sindhu, currently amongst the top 10 ranked players in the world is the first Head Office. Mr. Gadkari was escorted to the SCI Board Indian female athlete to win the Olympic silver medal at the Rio Olympics and Room where the review meeting was scheduled. Prior she is also the first athlete to win back-to-back medals at the World Badminton to the review meeting, SCI’s corporate film followed by a Championships. special short film on Capt. Radhika Menon was screened.

15 november-DECMEBER, 2016 PSEs News

Cochin Shipyard Limited delivers nineteenth Fast Patrol KIOCL at Mining Mazma 2016 Vessel to Indian Coast Guard

IOCL participated in the Mining Mazma-2016, KMining, Exploration Convention and Trade show organized by Federation of Indian Mineral Industries (FIMI), sponsored by Ministry of Mines, Government of India at BIEC Bengaluru recently. The KIOCL stall was inaugurated by the Minister of Mines & Geology, Govt. of Karnataka Mr. Vinay R Kulkarni recently. The distinguished visitors to the stall ochin Shipyard Limited (“CSL”) delivered ICGS ATULYA, the nineteenth and the include Mr. Balvinder Kumar, IAS, Secretary, Ministry of Cpenultimate vessel in the twenty Fast Patrol Vessel series being built for the Mines and heads of various industrial bodies. Indian Coast Guard. The vessel was delivered 91 days ahead of contractual deadline. Mr. Malay Chatterjee, CMD appraised the dignitaries The protocol of delivery and acceptance was signed between Mr. Suresh Babu on the present status of mining lease and sought the N. V, Director (Operations), CSL and Commanding Officer (Designate) of the vessel help of the Ministry in this regard. KIOCL Ltd. displayed Commandant (JG) S Sivaprasad. DIG, T.P. Sadanandan, Principal Director (Materiel), working model of its Pellet Plant and various welfare Coast Guard HQ, Mr. Madhu S Nair, CMD, CSL, DIG G. Devanand, CGRPS (KOC), senior activities under taken by the company in the form of officers of CSL and Indian Coast Guard were also present on the occasion. display panels.

16 november-DECMEBER, 2016 PSEs News

Steel Minister visits SAIL stall, says SAIL meeting requirements of Small and Medium Enterprises, at India Industrial Fair in Jaipur

nion Steel Minister Mr. Birender Singh visited the stall put Uup by Steel Authority of India Ltd. (SAIL) at India Industrial Fair held in Jaipur recently. He was the chief guest for event and was accompanied by Union Minister of State for Consumer Affairs, Food and Public Distribution Mr. C.R. Chaudhary and Energy Minister, Rajasthan, Mr.. Pushpendra Singh. SAIL has participated as an exhibitor in this industrial fair which is organized by Laghu Udyog Bharti, an organization serving the interest of Micro and small industries. Steel serves as the backbone of manufacturing in Medium & small enterprises and this fair is a suitable platform for industries including steel and iron, which heavily supplies input material for the MSE sector.

Inauguration of New Office Complex of REC Power Distribution Company Ltd r. Rajeev Sharma, CMD, REC inaugurated the new office complex of REC MPower Distribution Company Ltd. at KRIBHCO Bhawan, Sector-1, NOIDA recently in the presence of Director (Finance), Director (Technical) of REC, Director (Marketing) of KRIBHCO, Director (Finance) of EESL and other senior officials from REC, KRIBHCO, EESL and REC PDCL. The inaugural function was presided over by Dr. Dinesh Arora, IAS, CEO, REC PDCL.

17 november-DECMEBER, 2016 PSEs News

Prime Minister Dedicates 1732 MW -Three Hydro Projects in Himachal

rime Minister, Mr. Narendra Modi appreciated the contribution of Public Psector companies and said these hydro projects will bring prosperity to the State of Himachal and other parts of the country while dedicating the flagship 800 MW Hydro Power Station of NTPC- Koldam, 520 MW Parvati Project of NHPC and 412 MW Rampur Hydro Station of SJVNL to the Nation in Himachal Pradesh recently. Acharya Devvrat, Governor of Himachal Pradesh, Mr. Vir Bhadra Singh, Chief Minister, Himachal Pradesh, Mr. Jagat Prakash Nadda, Union Minister of Health and Family Welfare; Mr. Piyush Goyal, Union Minister of State ( I/C )for Power, Coal , New & Renewable Energy and Mines and eminent dignitaries from Himachal Pradesh were present on the occasion. Minister. Mr. S.C Pandey, Director (Projects), Mr. K.K.Sharma Mr. Gurdeep Singh, CMD, NTPC shared the salient features and highlights of Director (Operations) NTPC and Mr. K.K.Singh, RED ( Hydro the Koldam Project through the model displayed at the venue to the Prime Region)were present.

IndianOil proudly serves Sakshi Malik, Olympic Bronze Medalist, at Rohtak ndianOil proudly served Rio Olympic Bronze Medallist Ms. Sakshi Malik as Iher ‘preferred oil retailer’ when recently she drove into M/s Rathi Brothers at Rohtak on request of IndianOil Dealers’ Association of Rohtak District for a quick refill. Mr. Rakesh Kumar, SDRSM, Hissar DO, welcomed Ms. Sakshi Malik with a flower bouquet.

18 november-DECMEBER, 2016 PSEs News

CCL participates in first BRICS GSL’s MCG Victory embarks on its Trade Fair 2016 maiden voyage

CL showcased its various new initiatives towards Skill India Cdevelopment and other CSR activities during the first BRICS Trade Fair 2016, organized by Ministry of Commerce and the Federation of CG Victory, the first Fast Patrol Vessel(FPV) designed and Indian Chamber of Commerce & Industry(FICCI) in New Delhi recently. constructed by GSL for Mauritius, embarked on its maiden voyage M Delegates from China, Russia, South Africa and other dignitaries to Mauritius recently at GSL, catapulting GSL to the elite league of select visited CCL stall and appreciated various new initiatives taken by few Defence vessel Exporter from the country. The ship was ceremonially the company for promoting sports, providing jobs to trained youths seen off by RAdm. Shekhar Mital, NM (Retd), CMD, Goa Shipyard Ltd of Jharkhand etc. The first BRICS Trade Fair is a major initiative who facilitated Lt. Cdr Y. Pramod, CO, CGS Victory and the entire crew proposed by the Prime Minister of India Mr. Narendra Modi last year members on the occasion. Mr. S. P. Raikar, Director (Operations), GSL, during his address at the BRICS Summit in Ufa, Russia. In line with the Cmde. B.B. Nagpal, Director (CPP&BD) besides other dignitaries were overall core theme for BRICS in 2016, the focus of the Trade Fair was present on the occasion. ‘Building BRICS —Innovation for Collaboration’.

19 november-DECMEBER, 2016 PSEs News

Secretary, Ministry of Tourism inaugurates ITDC’s 50 golden year’s celebration ndia Tourism Development Corporation organized a function recently to mark Ithe completion of successful 50 years of ITDC in the field of hospitality and tourism at the convention hall of The Ashok, A flagship property of ITDC.

Mr. Vinod Zutshi, Secretary, Ministry of Tourism graced the occasion as the Guest of Honor. Present among other dignitaries were Mr. Umang Narula, CMD, ITDC; Mr. Piyush Tiwari, Director (Commercial and Marketing), ITDC; Mr. Pradip K Das, Director (Finance), ITDC along with Ex CMDs of the organization, ITDC staff and other respected guests. Mr. Ashwani Lohani, CMD, Air India & Ex CMD ITDC also graced the occasion. MD, NRL receives CSIR recognition for successful commercialization of Wax De-oiling technology

ouncil of Scientific & Industrial Research (CSIR) acknowledged the contribution of CNRL MD ,Mr. P.Padmanabhan in successful commercialization of Wax De-oiling technology in NRL’s Wax plant, developed indigenously by CSIR-IIP.

The CSIR Technology award for Physical Sciences including Engineering 2016 was handed over by Dr. Harsh Vardhan, Union Minister for Science, Technology & Earth Science to CSIR-IIP(Indian Institute of Petroleum), Dehradun for development of the aforesaid Wax de-oiling Technology along with EIL and NRL for setting up the wax de-oiling plant, its operation and successful commercialization at a function to mark 75 years of CSIR held at Vigyan Bhawan, New Delhi.

20 november-DECMEBER, 2016 CSR

Project - Education at Doorstep PFC organises Blood inaugurated by CRWC Donation Camp

nder the Corporate Social Responsibility- Sustainable ower Finance Corporation Ltd (PFC) organized a ‘Blood UDevelopment initiatives of Central Railside Warehouse PDonation Camp’ in collaboration with Lions Blood Bank Company ltd., "Project - Education at Doorstep" was inaugurated recently at its premises in New Delhi. PFC employees, their by Dr. C.V. Ananda Bose, honorable Chairman, CRWC at Hardoi, families and general public participated in this noble cause. Uttar Pradesh. Mr. K.U. Thankachen, MD, CRWC and other state Every donor had to pass through a series of preliminary medical officials were also present on this occasion. tests like BP, Hb, Weight, etc. before donating blood. All the donors were offered a Lions Blood Bank Donor Card for future use. The camp concluded with the donors being served with tea, coffee and snacks.

21 november-DECMEBER, 2016 CSR

NRL undertakes HAL-IISc to Set Up Skill electrification of 3 villages Development Centre at Chitradurga (Karnataka)

s part of its CSR initiative, NRL electrified 3 Aneighbouring villages located behind the Refinery he Bhoomi puja for construction of HAL-IISc Skill viz. Borgoria Ahom Chuk, Nepali Chuk and Muslim TDevelopment Centre was performed at Challakere Chuk; lighting up more than 100 households with more in Chitradurga district around 230 km from Bengaluru house connections being registered by Electricity by Mr. T. Suvarna Raju, CMD, HAL, Prof. Anurag Kumar, Board every day. Director, IISc and others recently.

22 november-DECMEBER, 2016 CSR

REC organizes Blood Donation Camp n its unwavering commitment to serve the Icommunity and give something back to the society, Rural Electrification Corporation organized a "Blood Donation Camp" in collaboration with HELP 3 at Connaught Place, New Delhi recently. The camp was inaugurated by Mr. A.K. Verma, Joint Secretary, and Ministry of Power in the presence of Mr. Rajeev Sharma, CMD, REC and other senior officials of REC.

CRWC contributes to Swachh Bharat Kosh entral Railside Warehouse Company Ltd C(CRWC) as part of its ongoing corporate social responsibility initiatives contributed Rs. 11.30 Lakhs to “Swacch Bharat Kosh.”

23 november-DECMEBER, 2016 CSR

IOC observes Swachh Bharat Abhiyan bserving Swachh Bharat Abhiyan, IndianOil, Corporate Office, New ODelhi organised several interesting activities for the employees and the general public to sensitize people and spear awareness about Swachh Bharat. The interactive session was taken by Mr. S. Chatterjee, Retd. IAS Officer from Sulabh International who informed children about the importance of maintaining cleanliness of the surrounding, school premises, toilets etc. After the session, IndianOil handed over Educational Kits in Brail, sports kit, IndianOil, T-Shirt and Caps to the specially-abled kids.

REC extends CSR support to Indian Institute of Science, Bangalore ural Electrification Corporation Limited (REC) has extended Rfinancial assistance of Rs. 493.71 lakhs under its CSR initiative to Indian Institute of Science, Bangalore, for the project “Establishment of 279 KWp photovoltaic solar panels on 3 no. of sites/building on department rooftops to generate power for institutional grid and installation of 2200 no. of LED lights at various locations on the IISc, Bangalore campus.”

24 november-DECMEBER, 2016 ADVT.

25 november-DECMEBER, 2016 AWARDS

BHEL wins 5 National Safety Awards "Rajbhasha Kirti Puraskar" awarded to FSNL

harat Heavy Electricals Limited (BHEL) has wonFive 'National BSafety Awards' for outstanding achievements in terms of the longest accident free period and lowest accident frequency rate at their works. The awards were received by Mr. Atul Sobti, CMD, BHEL from Mr. Bandaru Dattatreya, Minister of State (Independent Charge) for Labour & Employment. erro Scrap Nigam Limited was awarded with the third prize of "Rajbhasha Kirti Puraskar" by the Department of Official In addition, for their innovations, 36 employees of BHEL have bagged F Language, Ministry of Home affairs, for exemplary work done eight Vishwakarma Puraskars' for the year 2014, among a host of during the year 2015-16 in the area of implementation of Official public and private sector companies in the country. Significantly, Language policy. President of India Mr. Pranab Mukherjee BHEL and its employees have been winning both these prestigious presented this award to Mr. Rajib Bhattacharya, Managing national awards, instituted by the Government of India, Ministry of Director, FSNL. Labour, consistently, since their inception.

26 november-DECMEBER, 2016 AWARDS

Goa Shipyard awarded ‘Rajbhasha CMD, HUDCO receives Kirti Award’ for 2015-16 by “News Ink Legend CMD of Hon’ble President of India the Year Award”

he Rajbhasha Kirti Award for the year 2015-16 was r. M Ravi Kanth, (IAS), CMD HUDCO received ‘News presented to Goa Shipyard Limited by President of India, Mr. T Ink Legend CMD of the year award’ for his exemplary Pranab Mukherjee, in a ceremony held at Rashtrapati Bhawan, D performance to keep HUDCO in profit zone. HUDCO takes up New Delhi recently. The award was received by Mr. Shrihari Pai various projects on Housing for All, the dream project of Ministry Raikar Pai Raikar, Director (Operations), Goa Shipyard Limited of Urban Development & HUPA, Government of India. in the presence of Home Minister, Mr. Rajnath Singh and Union Minister of State for Home Affairs, Mr. Kiran Rijiju, Govt. of India. Mr. Piyush Kumar Rai, Editor News Ink and other senior officials Senior Executives and Officials of various Ministries, PSUs and handed over the Award Trophy. other Govt institutions.

27 november-DECMEBER, 2016 AWARDS

NALCO bags Best Exporter Awards for 2011-12, 2012-13 & 2013-14

ational Aluminium Company Ltd (NALCO) bagged the Best Exporter Awards Nconsecutively for the years 2011-12, 2012-13 and 2013-14, under metallurgical products category at the State Export Award Ceremony held recently at Bhubaneswar.

Appreciating the concerted efforts made by the employees, Dr. Tapan Kumar Chand, CMD of the company, conveyed hearty congratulations to NALCO Collective for the accolades. On behalf of the Company, Mr. S.K. Dash, Executive Director(Projects & Technical), Mr. S.K. Roy, Executive Director(Production) and Mr. S. Samantaray, General Manager (Marketing), received the awards at a function organized by the Directorate of Export Promotion and Marketing, from Mr. Pradip Kumar Amant, Minister, Finance, Public Enterprises, Govt of Odisha in the presence of Mr. Jogendra Behera, Minister, MSME, PG & PA, Govt. of Odisha, and Mr. L.N. Gupta, IAS, Principal Secretary, MSME Dept. Govt. of Odisha.

CMD, NLCI conferred with Honorary Doctorate

r. Sarat Kumar Acharya, CMD, NLC India Ltd., was conferred with an MHonorary Doctorate by Sathyabama University, Chennai recently. Ms. Remibai Jeppiaar, Chancellor, Sathyabama University presented the Honorary Degree to Mr. S.K Acharya CMD,NLCI during the 25th Convocation of Sathyabama University, for his contribution to the Nation’s building and exceptional leadership skills and achievements in Human Resources.

28 november-DECMEBER, 2016 AWARDS

Oil Shikshya Ratna Puraskar 2016 il India Ltd. under its educational CSR initiatives has been awarding “OIL Shikshya Ratna OPuraskar” honoring the exemplary service of In-service teachers of all provincialized schools (Elementary to Secondary) of Government of Assam and all affiliated non- technical undergraduate colleges under state universities of Assam since 2013.

OIL awarded OIL Shikshya Ratna Puraskar, 2016 to 6 (six) teachers at an award ceremony held on 26th September 2016 at Duliajan Club followed by a Teachers’ Workshop.

The ceremony was graced by Chief Guest, Mr. Utpal Bora, CMD, OIL and Guest of Honour, Dr. Indra Kumar Bhattacharya, eminent educationist and former Principal, Cotton College, Mr. S Mahapatra, Director (E&D), Mr. P K Sharma, Director (Operations), Mr. Jayanta Kumar Borgohain, Resident Chief Executive, OIL.

PFC receives Rajbhasha Kirti Pratham Puruskar r. M. K. Goel, CMD, PFC receiving “Rajbhasha Kirti Pratham MPuruskar” (in the category of region ‘A’) for the year 2015-16 from President of India, Mr. Pranab Mukherjee at function organized in Rashtrapati Bhawan by Department of Official Language, Ministry of Home Affairs. The award was presented in the presence of Mr. Rajnath Singh, Union Home Minister and Mr. Kiren Rijiju, Union Minister of State for Home Affairs. This Award was received by PFC for Third Time in a row for excellent contribution made it for implementation of Official Language.

29 november-DECMEBER, 2016 AWARDS

RINL bags Rajbhasha Keerti CMD, NLC India Ltd. honoured with Puraskar PSU Leadership Award & Life Time achievement Award

INL, Visakhapatnam Steel Plant bagged Rajbhasha r. Sarat Kumar Acharya, CMD,NLC India Ltd. was conferred with RKeerti Puraskar for the year 2015-16.Mr. P Madhusudan, D“PSU Leadership Award” at the 2nd eJharkhhad Summit-2016 CMD,RINL received the prestigious award from President of held in Ranchi, Jharkand recently. The e-Jharkhand Summit-2016 India, Mr. Pranab Mukherjee at a function held on the occasion is being jointly organized by Department of IT, Government of of Hindi Divas at Rashtrapathi Bhavan in Delhi. RINL is the Jharkhand and Elets Technomedia. proud recipient of the award for the effective implementation The Chief Minister of Jharkhand, Mr. Raghubar Das presented the of Official Language Hindi in its Head quarters as well as its “PSU Leadership Award” to Dr. S.K Acharya during the inauguration Marketing /Liaison Offices throughout the country. of the Summit. The award was received by Mr. R. Mohan, Executive RINL also bagged 1st Prize in the ”C” region for its Quarterly Director/Commercial, NLCI, on behalf of Dr. S.K Acharya. The award Hindi Magazine “Sugandh” on the occasion. Dr. G.B.S. Prasad, was presented to Dr. Acharya for his outstanding leadership skills Director (Personnel), RINL received the award. and commendable initiatives taken for the growth of the organization.

30 november-DECMEBER, 2016 AWARDS

BEML bags ‘India’s Top IndianOil bags Express, Challenger Award’ Logistics & Supply Chain Leadership Award

EML Ltd. has been bestowed with ‘Top Challengers BAward’ instituted by Asaap Info Global Group during the 14th Construction World Annual Awards-2016.

Mr. Deepak Kumar Hota, CMD, BEML received the Award

of ‘Buildcon India’s Tap Challenger 2015-16’ from Mr. ndianOil won the 10th Express, Logistics & Peter Huyghebaert, Belgium Consul General at a function ISupply Chain Leadership Award for the ninth held at Mumbai in the presence of Mr. Pratap Padode, consecutive year in the category of ‘Excellence Managing Director, ASAPP Info Global Group, Mr. in Manufacturing Supply Chain – Oil & Gas’. Raghav Chandra, Chairman, NHAI, Mr. Dilip Suryavanshi, Mr. P. K. Das, Executive Director I/c (Supplies), CMD, Dilip Buildcon and Mr. Sumit Banerjee, Chairman, received the award in Mumbai recently. ASAPP Info Global Group.

31 DIVIDEND november-DECMEBER, 2016 NEWS

BHEL pays Final Dividend for fiscal 2015-16 harat Heavy Electricals Limited (BHEL) paid a final equity dividend of 20 percent for Bfiscal 2015-16. In value terms, the total dividend paid for fiscal 2014-15 amounts to Rs.98 Cr. With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly since 1976-77.

A cheque of Rs.61.7 Cr. towards the final dividend for the year 2015-16 on the equity (63.06percent) held by the Government of India, was presented to Mr. Anant G. Geete, Union Minister of Heavy Industries and Public Enterprises by Mr. Atul Sobti, CMD, BHEL, in the presence of Mr. Babul Supriyo, Minister of State for Heavy Industries and Public Enterprises. Functional Directors on the board of BHEL as well as other senior officials of the Ministry of Heavy Industries & Public Enterprises and BHEL were also present on this occasion.

HUDCO Pays dividend to the Ministry of Rural Development

r. M Ravi Kanth, CMD, HUDCO presented the dividend Dcheque of Rs. 20.73 crore to Mr. Narendra Singh Tomar, Minister for Rural Development and Panchayati Raj. Mr. N L Manjoka, Director (Corporate Planning), HUDCO and Mr. Rakesh Kumar Arora, Director (Finance), HUDCO were also present.

32 DIVIDEND november-DECMEBER, 2016 NEWS

NBCC pays Dividend of Rs.108 Cr. to the Government r. M. Venkaiah Naidu, Minister of Urban Development Mreceived NBCC's Dividend Cheque of Rs.108 cr. for FY 2015-16 from Dr. Anoop Kumar Mittal, CMD. The Dividend was presented to the Minister, at a function held recently and was also graced by Mr.Rajiv Gauba, Secretary (UD), Mr. D.S. Mishra, Addl. Secretary (UD), Directors of NBCC and other senior officers of the Ministry & NBCC.

NRL pays highest ever Dividend to Government of Assam for 2015-16 RL paid dividend of Rs. 63.6 cr. to the Govt. of Assam for the financial Nyear 2015-16, the highest ever during a year. Govt of Assam hold 12.35 percent equity shareholding in the Company.

Final dividend cheque of Rs. 31.79 cr. was handed over today to the Chief Minister of Assam Mr. Sarbananda Sonowal by MD, NRL Mr. P.Padmanabhan in presence of Director (Technical ) NRL Mr. S R. Medhi, Director(Finance) NRL Mr. S. K .Barua, Principal Secretary to the Govt. of Assam, Industries and Commerce Deptt. Mr. Ravi Capoor and few NRL officials in Guwahati.

33 DIVIDEND november-DECMEBER, 2016 NEWS

NSIC pays record dividend

r. Kalraj Mishra, Minister of MSME was given a dividend cheque Mof Rs. 29.05 crores for the year 2015-16 by Mr. Ravindra Nath, CMD, NSIC in the presence of Mr. Giriraj Singh, Minister of State MSME and Mr. Haribhai Parthibhai Chaudhary, Minister of State MSME. The Dividend paid by NSIC is the highest ever dividend paid by NSIC .Other officials present on the occasion were Mr. K.K.Jalan,Secretary,MSME,Mr. S.N.Tripathi,AS&DC(MSME), Mr. Manoj Joshi,JS ,MSME and Mr. A.K.Mittal,Director (Finance),NSIC and officials of Ministry of MSME and NSIC .

Payment of Final Dividend by AAI for the year 2015-16

irports Authority of India (AAI) is a consistently profit making Public ASector Undertaking and paying Dividend to the Government of India. AAI achieved a record turnover of Rs. 10825 cr., Profit Before Tax (PBT) of Rs. 3697 cr. and Rs. 2537 cr. as Profit After Tax (PAT) during the year 2015-16. AAI paid a Dividend of Rs. 761.21 cr. for FY 2015-16 to the Government of India.

AAI presented a cheque amounting to Rs. 482.21cr. as Final Dividend for the FY 2015-16 during a function held at New Delhi recently.

34 DIVIDEND november-DECMEBER, 2016 NEWS

NTPC pays Total Dividend of Rs. 2762.23 cr. for FY 2015-16 TPC Limited paid a total dividend @ 33.5 percent of its paid-up capital Nfor the financial year 2015-16, amounting to Rs. 2762.23 cr. The dividend payment is 4th highest among Public Sector Undertakings. The Company had paid interim dividend @16 percent amounting to Rs. 1319.27 cr. on February 15, 2016. The Company has paid the final dividend @17.5 percent amounting to Rs. 1442.96 cr. on September 30, 2016.

The RTGS advice for the transfer of Rs. 1006.38 cr. to Government of India, Mines in the presence of Mr. Pradeep Kumar Pujari Secretary, MOP. Mr. K. being the share of Government of India in the final dividend, was presented Biswal, Director (Finance), NTPC, Mr. A. K. Jha, Director (Technical), NTPC, recently by Mr. Gurdeep Singh, CMD, NTPC, to Mr. Piyush Goyal, Minister of Mr. U. P. Pani, Director (Human Resources), NTPC and Mr. S.C. Pandey, State (Independent Charge) for Power, Coal, New & Renewable Energy and Director (Projects), NTPC were also present on this occasion.

NFL Presents Dividend of Rs.53.25 cr. to Government ational Fertilizers Limited (NFL) presented dividend of Rs 53.25 cr. to the Govt. of NIndia for the year 2015-16 in respect of the shares held by it. This is the highest dividend paid by the company in the last ten years. NFL has registered a Profit after Tax (PAT) of Rs. 197.09 cr. for the year 2015-16. The company has achieved the best ever urea production of 38 Lakh MT in the year 2015-16. Mr. Manoj Mishra, CMD, NFL Paid Dividend of Rs. 53.25 cr. to the Union Minister of Chemicals & Fertilizers, Mr. Ananth Kumar recently in a ceremony held at the Constitution Club, New Delhi. MoS (C&F), Mr. Mansukh Lal Mandviya was also present on the occasion.

35 DIVIDEND november-DECMEBER, 2016 NEWS

NPCC pays Dividend NSPCL pays Dividend of Rs. 120 Cr. for FY 2015-16

r. H.L. Chaudhary, CMD, NPCC MLimited presented the dividend r. Manash Sarkar, CEO, NSPCL along with Mr. S. V. Shahi, CFO, NSPCL presented cheque of Rs.1.02 Cr. for the financial Mthe final dividend cheque recently to Mr. Gurdeep Singh, CMD, NTPC. Mr.A. year 2015-16 to Ms. Uma Bharti, Union K. Jha, Director (Technical), Mr. S. C. Pandey, Director (Proj), Mr. Saptarshi Roy, ED Minister for Water Resources, River (CP& CC) and Mr. K. K. Sharma, Director (O) & Chairman NSPCL were also present on Development & Ganga Rejuvenation the occasion. (MoWR RD&GR) in the presence of Dr. NTPC-SAIL Power Company Pvt Ltd (NSPCL), a 50:50 joint venture of the two Maharatna Sanjeev Kumar Balyan, Minister of State companies, NTPC Limited and Steel Authority of India Limited (SAIL), paid a total dividend of Rs. for Water Resources recently. CMD, 120.00 cr. which included interim dividend of Rs.100 cr. and Final dividend of Rs. 20 cr. which NPCC was accompanied by Mr. Manohar works out to 12.24 percent of paid up equity capital share capital. The Dividend and Dividend Kumar, Director (Engg) and Mr. Sahab distribution tax amounts to 58.50 percent of Profit After Tax of Company achieved for financial Narain, Director(F) of NPCC. year 2015-16.

36 november-DECMEBER, 2016 Mous

CSL & EIL Sign MoU NMDC inks Tripartite MoU with Madhya Pradesh government, MPSMCL

MDC signed a Tripartite MoU with Government of Madhya Pradesh ochin Shipyard Limited signed a N(Directorate of Geology and Mines (DGM) through Mineral Resource CMemorandum of Understanding (“MoU”) Department (MRD)) and Madhya Pradesh State Mining Corporation Limited with M/s Engineers India Limited for design (MPSMCL) recently at Bhopal in the Office of Chief Minister (MP). The MoU and construction of small scale LNG Carriers. was signed by Mr. Manohar Dubey, IAS, Secretary, Mineral Resources Department & MD, MPSMCL on behalf of MPSMCL, Mr. P.K.Satpathy, Cochin Shipyard Ltd (“CSL”)inked the MoU at Director (Production) on behalf of NMDC Limited and CSL, Kochi recently. The event was held in the presence of CMD and senior officers of both Mr. V. Austin on behalf of Directorate of Geology and Mines, Madhya CSL and EIL. Pradesh in the presence of Chief Minister Madhya Pradesh Mr. Shivraj Singh Chauhan.

37 november-DECMEBER, 2016 Mous

NPCC Signs MOU with the Ministry of Water Resources, RD&GR ational Projects Construction Corporation, a Public Sector Enterprise, signed a NMemorandum of Understanding for 2016-17 with the Ministry of Water Resources, RD&GR recently. The MoU was signed between Mr. Shashi Shekhar, Secretary, Ministry of Water Resources, RD&GR & Mr. H.L. Chaudhary, CMD, NPCC. Mr. Jagmohan Gupta, Jt. Secretary & Financial Advisor, Mr. Sanjay Kundu, Joint Secretary (PP), MOWR, RD & GR and other senior officers of MOWR, RD & GR and NPCC were also present on this occasion.

NRL inks MoU with Dibrugarh University for Industry- Academia linkage n MoU was signed revcently between NRL and Dibrugarh AUniversity(DU) with an objective to strengthen the Industry- Academia linkage through mutual collaboration. Registrar DU Mr. M.N.Dutta and Sr. GM(HR), NRL, Mr. A.K.Bhattacharya signed the MoU in presence of Director(Finance) NRL Mr. S.K. Barua; VC DU Prof. Alak Kumar Buragohain; Professor Emeritus DU Dr. B.K.Das; Dean R&D, DU Dr. P.K.Barua and other senior officials of NRL.

38 november-DECMEBER, 2016 Mous

NTPC signs MoU with Andaman and Nicobar to set up 50 MW Solar Power Projects TPC shall be setting up Solar Power projects of 50 MW capacity Nwith Battery Energy Storage System at different locations in Port Blair in Andaman & Nicobar Islands. A Memorandum of Understanding (MOU) was signed between NTPC , Andaman & Nicobar Administration & MNRE in New Delhi by Mr. Subhash Muley, ED(Nuclear and RE), NTPC, Mr. Sanjeev Khirwar, IAS, Commissioner cum Secretary(Power), A&N & Mr. V.K.Jain, Adviser MNRE in the presence of Mr. Upendra Tripathy, IAS, Secretary, MNRE, Mr. Gurdeep Singh, CMD NTPC, Mr. A.K.Jha, Director(Technical) and senior officials from MNRE and NTPC.

NBCC signs MoU with CII- IGBC r. Anoop Kumar Mittal, CMD, NBCC (India) Ltd. Dand Dr. Prem C. Jain, Chairman, CII- IGBC, signed MoU recently at NBCC Corporate Office, New Delhi for Promoting Green Buildings, Capacity Building and Development of Green Building Resources. Senior Executives of both NBCC & IGBC were also present on the occasion.

39 november-DECMEBER, 2016 Mous

Oil India Limited signs MoU with University of Houston il India Limited (OIL) with intent of augmenting its reserves base Oand maximising recovery from itsagingoilfieldshas entered into a MoU with the University of Houston, one of the leading universities on oil & gas of the world. The MoU was signed recently in presence of Mr. Dharmendra Pradhan, Minister of State (I/C), Petroleum& Natural Gas at New Delhi.

PDIL signed MOU with Department of Fertilizers for 2016-17. rojects & Development India Ltd. signed MOU Pfor 2016-17 between Mr. Vijay Shankar Pandey, Secretary, Department of Fertilizers and Shri S. Venkateswar, CMD, PDIL recently. Senior Officials from DoF & PDIL were present on the occasion.

40 november-DSeptember,ECMEBER 2015, 2016

Appointments

Mr. Rajiv R. Mishra Mr. M. V. Gowtama Mr. V. Kalyana Rama Mr. S. K. Chaudhary CMD, WCL gets additional takes charge as CMD, has taken over as CMD, is appointed as CMD, charge of CMD, ECL. BEL. CONCOR. IRCON.

Mr. Saptarishi Roy Mr. Vinod Shenoy Mr. S. Jeyakrishnan Mr. R. K. Sabharwal is appointed as takes charge as Director is appointed as Director appointed as Director Director (HR), NTPC. (Refineries), HPCL. (Marketing), HPCL. (Commercial), EIL.

41 november-DSeptember,ECMEBER 2015, 2016 Appointments

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