Faggan Singh Kulaste, Union Minister of State for Steel visited Vizag Steel Plant recently. RINL management led by PK Rath, CMD, along with KC Das, Director (Personnel), VV Venugopal Rao, Director (Finance), DK Mohanty, Director (Commercial) and senior officials extended a warm welcome to the visiting dignitary on his arrival at Hill Top Guest House. The Union Steel Minister inaugurated a most modern Blood Component Separator Equipment at Blood Bank in Visakha Steel General Hospital. (The advantage of the equipment is that one bag of whole blood can be given to four different recipients for different requirements of components of blood like packed cells, platelets, FFT and cryoprecipitate etc.) He also visited Plant’s Model Room & Awards Gallery, Coke Oven Battery, Blast Furnace-3, Steel Melt Shop-2 and Wire Rod Mill-2 during his plant visit. Shri Rath, CMD explained about the latest know-how and the facilities incorporated in the plant operations. The Minister was highly impressed with the green and clean environment prevailed inside the plant and termed Vizag Steel as 'Most eco-friendly Steel Plant in the country'.
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NTPC Organised 'Fuel Management Meet 2019'
NTPC Limited held its 'Fuel Management Meet 2019' at Shillong on 26th July, 2019. Prakash Tiwari, Director (Operations), NTPC, inagurated the meet, Senior officials from Indian Railways, CIMFR and eminent consultants were present on the occasion.
The contemporary issues and future challenges were deliberated by the participants. This platform also provided an opportunity for knowledge sharing regarding the new initiatives and best practices in Fuel management being followed at NTPC stations.
With an installed capacity of 55,786 MW (incl. JV/subsidiaries), NTPC is the largest coal consumer in the country with around 193 MT of coal consumed in FY 2018-19. Thus, Fuel Management plays a very important role to meet the increasing demand of power generation in India. Considering large power needs of the country in commensurate with the economic growth, Coal is likely to continue as main stay fuel for power generation at least for next one and half decade. Though the share of coal would gradually come down, the focus of Coal stations is to operate the efficiently and in compliance to the environmental norms.
ONGC, MRPL sign Crude Oil Sale Agreement; take relation to greater heights
Crude Oil Sales Agreement (COSA) was renewed between energy major Oil and Natural Gas Corporation (ONGC) and Mangalore Refinery and Petrochemical Limited (MRPL) on 3 August at Mangaluru. This renewal will further strengthen the relation of the parent company and its subsidiary.
The genesis of this COSA was earlier the first ever COSA that was signed on 31 July 2013, for sale of nomination fields crude oil. It was effective from 1 April 2010 for five years till 31 March 2015, which was extended on same terms and conditions till 31 March 2018.
New COSA will be effective from 1 April 2018 for 5 years till 31 March2023 with a provision of extension of further three years on mutual agreement. It was possible to achieve this landmark due to team work of Corporate Marketing, Corporate Commercial and Corporate Legal.
The COSA was signed by ONGC’s CGM (P)-Chief Marketing Mr Sanjay Kumar and GGM (ITD) Mr Vijay Bhatnagar from MRPL’s side. CMD, ONGC Mr Shashi Shankar, MD- MRPL Mr M Venkatesh, Director (Offshore) Mr Rajesh Kakkar, Director (Finance) Mr Subhash Kumar, Director (Refinery)-MRPL Mr M Vinay Kumar and other senior officers from MRPL and ONGC were present during the COSA signing. CMD congratulated team of officers from both the companies for the occasion.
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