In projects which are for social good, profitability becomes a necessary evil. Several of the public sector organisations may have been created with some social cause and that hasnumbed their accountability to ROI. In earlier years it may have been useful since most of these were monopolies and profitability came due to lack of competition....
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: public sector
Smart Cities Workshop | Revenue Generation and Procurement Agenda
How do you unleash innovation in your city? How can you benefit from innovation in other cities? Cities that can enable vibrant business ecosystems and find the best ways of serving their citizens will succeed in digital transformation.
Govt mulls penalty for call drops
As the call drop menace refuses to subside, the government is now weighing the option of slapping a penalty on telecom operators. Individual letters are to be shot off to company promoters to convey the concerns raised by Prime Minister Narendra Modi.
Neyveli Lignite to set up 600 MW solar power capacity
Public sector lignite mining and power generating company, Neyveli Lignite Corporation (NLC), has plans to set up units producing 600 MW solar power. The company has been recently looking at solar and wind, besides, coal as options of fuel, with plans to take total power generation capacity to 12,221 MW from its current 2,740 MW.
Crude oil output falls in Aug 2014
India´s crude oil refinery output declined 4.3 per cent to 18.55 million tonne (mt) in August 2014, continuing the downfall for the fifth straight month.
Govt may hold capital infusion until market stabilises
Unconfirmed reports indicate that the government may wait for the stock market to stabilise before infusing capital into state-run banks. The government feels that the chances of losing huge amount of money is lower once the stock prices reach a stable
ADB plans to lend $10 bn to public sector
Reports suggest that Asian Development Bank (ADB), the Manila-based multilateral development bank, plans to lend around $10 billion to the Indian public sector between 2012-2017 and $2 billion to the private sector in this period. It is also learnt that the bank is holding talks with the central government on its country strategy paper for India