Day: 20 May 2023

As a result of the consistent efforts of Ministry of Defence, the value of defence production in Financial Year (FY) 2022-23 has crossed the figure of Rs one lakh crore for the first time ever. The value currently stands Rs 1,06,800 crore and it will go further up once the data is received from the remaining private defence industries. The current value of defence  production in FY 2022-23 is a rise of more than 12 per cent over FY 2021-22, when the figure was Rs 95,000 crore.   The Government…

Read More

The sixth submarine of Project 75, Yard 11880, Indian Navy’s Kalvari class commenced her sea trials on 18 May 23.  The submarine was launched in 20 Apr 22 from the Kanhoji Angre Wet Basin of Mazagon Dock Shipbuilders Limited (MDL). Vaghsheer is scheduled for Delivery to the Indian Navy in early 2024 after completion of these trial.   MDL has ‘Delivered’ three submarines of the Project – 75 in 24 months and the commencement of sea trials of the sixth submarine is a significant milestone. This is indicative of the…

Read More

Union Minister of Environment, Forest and Climate Change and Labour and Employment Shri Bhupender Yadav inaugurated Pashmina Certification Centre(PCC) set up in Wildlife Institute of India,Dehradun,Uttarakhand with tagging the first unique ID barcode and issuing the PCC certificate. Shri Yadav said in a boost for Atamnirbhar Bharat the PCC will provide certification for purity of Pashmina products and absence of prohibited fibre for hassle-free movement of the products from India.   Wildlife Institute of India (WII), Dehradun had signed an ‘Memorandum of Understanding (MoU) with the Export Promotion Council for…

Read More

The Union Minister of Fisheries, Animal Husbandry & Dairying, Shri Parshottam Rupala said that India is blessed with rich and diverse fisheries resources and produces a variety of fish. Fish is an important source of food, nutrition, employment, and income in India. Fish being an affordable and rich source of healthy animal protein and omega 3-fatty acids offers immense potential to mitigate hunger and malnutrition. This promising sector provides livelihood, employment, and entrepreneurship to more than 2.8 crore fishers and fish farmers at the primary level and several lakhs along…

Read More

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI, has announced a PAT of ₹ 15,417 crore and total income of ₹ 46,606 crore for FY23 registering a YoY growth of 11% and 9% respectively over FY 22 (excluding exceptional items).   For Q4 of FY 23, the company posted a PAT of ₹ 4,320 crore on a consolidated basis which is 4% increase over Q4FY22. The total income on consolidated basis for Q4 FY23 rose by 13% to ₹ 12,557 crore compared to…

Read More

In order to realize green energy and green hydrogen objectives and the GOI’s efforts towards energy transition, NTPC Green Energy Limited (NGEL) and HPCL Mittal Energy Limited (HMEL) signed a Memorandum of Understanding (MoU) in New Delhi today. The MoU was signed by Shri V. V. Sivakumar, GM(NGEL) and Shri Girish Ghildiyal, GM(HMEL) in the presence of Shri Mohit Bhargava, CEO(NGEL) and Shri Harak Banthia, CFO (HMEL).   NTPC MoU   The MoU envisages to collaborate in the field of Renewable Energy through sourcing of 250 MW RE-RTC (Round-The-Clock) power…

Read More

The Ghaziabad-Aligarh Expressway has made history by achieving a remarkable feat: the laying of Bituminous Concrete over a distance of 100 lane kilometers in an unprecedented time of 100 hours. This accomplishment highlights the dedication and ingenuity of India's road infrastructure industry. Union  Minister for Road Transport and Highways Shri Nitin Gadkari extended his congratulations to the exceptional teams of Cube Highways, L&T, and Ghaziabad Aligarh Expressway Pvt Ltd (GAEPL) for their outstanding achievement.   Addressing the Celebration Ceremony virtually Shri Gadkari said the Ghaziabad-Aligarh section of NH34, spanning 118…

Read More