Public Sector Undertakings (PSUs) Current Affairs, GK & News

Cabinet Clears Policy on PSU Privatization

The Union Cabinet has cleared the policy on the privatization of public sector undertakings (PSUs). The details regarding the policy will be announced in the upcoming Union Budget that will be presented on February 1, 2021. About the Policy The policy will present a road map for the presence of government-owned entities in strategic and ..

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Five PSUs of India to join International Solar Alliance Coalition

Petroleum and Natural Gas Minister Dharmendra Pradhan announced, during the inaugural speech at the first World Solar Technology Summit held on September 8, 2020, that five Public Sector Undertakings (PSUs) will join the International Solar Alliance (ISA) Coalition for Sustainable Climate Action by contributing to the corpus fund of ISA. Key Points The PSUs which ..

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NTPC Limited to acquire government’s entire stake in THDC India and NEEPCO

The Competition Commission of India (CCI) recently permitted the Maharatna PSU NTPC Limited to acquire the government’s entire stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO). NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent in THDC India, the rest of which is held by ..

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First Phase of RTIS enabled system commissioned by BEL

To increase the operational efficiency and providing to provide an improved passenger safety, the state-owned aerospace and arms manufacturing company and a leading Public Sector Undertaking (PSU), Bharat Electronics Ltd has commissioned the first phase of the real-time train information system (RTIS) for Indian Railway. RTIS provides real-time information about the position of locomotives to ..

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‘APNA UREA- SonaUgle’ launched by Union Minister

The Union Minister for Chemicals and Fertilizers, D.V Sadananda Gowda on Friday, 17th January 2020 launched a brand of the Joint venture of the state-owned Maharatna Public Sector Undertakings- NTPC, IOCL, CIL-named Hindustan Urvarak & Rasayan Limited (HURL), brand named ‘APNA UREA-SonaUgle’ and also unveiled the logo of the company. With the objective of making ..

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