VK Singh assumes charge of Director, POWERGRID
New Delhi: Vinod Kumar Singh has assumed the charge of Director (Personnel) of Power Grid Corporation of India Limited (POWERGRID) on 1st February, 2020. Prior to his joining as Director (Personnel), he worked as Senior General Manager (Human Resource Development) handling flagship projects such as Capacity Building, restructuring policies & procedures for NER States, strategic alliances pertaining to Learning & Development for employees as well as external customers. He has been a part of exponential growth of POWERGRID and witnessed the organisation grow into a Maharatna, during his career spanning over 30-year.
Anirban Dasgupta takes charge as SAIL’s Director Projects & Business Planning
New Delhi: Anirban Dasgupta has taken charge as the Director Projects & Business Planning of Steel Authority of India Limited (SAIL) on 01st February, 2020. Before assuming the current responsibility he was the Chief Executive Officer (CEO) of SAIL’s Bhilai Steel Plant (BSP). He shall continue to look after the works of CEO - BSP till further orders. A distinguished alumnus of IIT, BHU in Metallurgy, Shri Dasgupta started his career in Centre for Engineering & Technology (CET) of SAIL in 1986.
BHEL wins order for Hydroelectric Project
New Delhi: In the face of stiff competition, BHEL has won an order for the Electro-Mechanical (EM) works for the 40 MW Rahughat Hydroelectric Project in Nepal. The order has been placed on BHEL by the Raghuganga Hydropower Limited (RGHPL), a company 100% owned by Nepal Electricity Authority (NEA) the sole public power utility in Nepal and owned by the Govt. of Nepal. The project is majority funded by EXIM Bank of India in the form of a soft loan, along with funding from NEA and the Govt. of Nepal. WAPCOS, India is the project consultant.
NTPC raises Asia’s largest Japanese yen loan
New Delhi: NTPC has signed a syndicated term loan in Japanese Yen, equivalent to $750 million. The facility is fully underwritten by State Bank of India, Tokyo , Sumitomo Mitsui Banking Corporation, Singapore and Bank of India, Tokyo on 20 January 2020 and will be shortly launched by banks for general syndication. This is the largest ever syndicated JPY loan raised by any Asian Corporate from offshore Samurai loan market. The loan has been raised under automatic route of RBI ECB regulations and is also the highest ever single foreign currency loan raised by NTPC. The facility has a door to door maturity of 11 years under two tranches.
NBCC bags RAJBHASHA IMPLEMENTATION AWARD
New Delhi: NBCC (India) Ltd., a Navratna CPSE under the Ministry of Housing & Urban Affairs (MoHUA), has been conferred with “First Prize” for its excellent work in implementation of Rajbhasha. The recognition has been bestowed by Town Official Language Implementation Committee (TOLIC) of the Ministry of Home Affairs, in its half yearly Meeting and Distribution ceremony held in New Delhi. Also, “Nirman Bharati”, half yearly Newsletter of NBCC has been awarded “First Prize” in the category of Best Magazine. The awards were received by Manas Kaviraj, Executive Director (HRM), NBCC accompanied by senior officials.
DTC awarded for Lowest Accident Rate
New Delhi: DTC has been conferred the Transport Minister’s Road Safety Award 2018-19 in the urban category for lowest rate of accidents. Nitin Gadkari, Hon’ble Minister of Road Transport & Highways, Government of India, has given the award to Manoj Kumar, MD, DTC in 3rd Edition of International Conference and Exhibition on Public Transport Innovation (ICEPTI) 2020, organized at Manekshaw Bhawan in New Delhi on 30.01.2020. Sanjeev Ranjan, IAS, Secretary, Ministry of Road Transport and Highways, Capt. VV Ratnaparkhi, Executive Director, ASRTU and other senior officers were also present on the occasion.
Rajiv gets Additional Charge of GM, N Railway
New Delhi: Rajiv Chaudhry, General Manager, North Central Railway has taken over the additional charge of General Manager, Northern Railway on 01.02.2020. Shortly on assuming charges, Chaudhry reviewed the safety and punctuality in a meeting held at Northern Railway Headquarters Office, Baroda House, New Delhi. Rajiv Chaudhry is an officer of the Indian Railways from the 1981 batch of the Indian Railway Service of Engineers (IRSE). He has extensive and varied experience, over the past more than 33 years, in all sectors of rail transport including their operation and maintenance, planning, designing execution and maintenance of large civil engineering projects in the railway/metro sector, formulation, launching and monitoring of policy implementation initiative.