Central Public Sector Enterprises (CPSEs): GK, Current Affairs, Questions, Trivia and News

Union Power Minister inaugurates 11 REMCs and the NR-REMC

11 Renewable Energy Management Centres (REMCs) were inaugurated by the Union Power Minister R K Singh, for renewable energy integration. He also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC). The government had approved the implementation of the Renewable Energy Management Centres -REMCs as a central scheme. Maharatna CPSE under the Ministry of Power, PowerGrid was named as the implementing agency.

DPE releases Public Sector Enterprises Survey

The Department of Public Enterprises (DPE) under the Union Ministry of Heavy Industries & Public Enterprises, releases the annual Public Sector Enterprises Survey, on the performance of Central Public Sector Enterprises (CPSEs). Recently, the Public Enterprises Survey -2018-19 was tabled in both the Houses of Parliament, which stated that BSNL, Air India and MTNL are ..

NTPC raises Japanese yen loan worth $750 million to reduce air pollution

Indian Maharatna Public sector enterprise NTPC Ltd has recently raised $750 million syndicated Japanese yen loan, which will help to reduce air pollution from its power projects across India. This is the highest single-foreign currency loan raised by the enterprise and also the largest syndicated Japanese yen loan raised by an Asian firm. The yen-denominated ..

Pramod Agrawal becomes CIL’s new Chairman and Managing Director

Pramod Agrawal assumed charge as the new Chairman and Managing Director of Coal India Ltd, a Maharatna Public Sector Enterprise. Public Enterprises Selection Board recommended the name of the 1991 batch IAS officer from Madhya Pradesh cadre for the post of Chairman and Managing Director. Prior to this appointment, he was serving as the Principal Secretary ..

First Corporate Bond ETF of India gets Cabinet Approval

The Cabinet Committee on Economic Affairs under, chaired by the Prime Minister, Narendra Modi on Wednesday, 4 December 2019 has given its approval for the creation and launch of the first corporate bond exchange-traded fund(ETF) of India, named ‘Bharat Bond Exchange Traded Fund’. Bharat Bond ETF is will work on creating an additional source of ..