PSU India, G-165, Sector/63, Noida (2026)

27/04/2026

Hindustan Petroleum Corporation Limited has clarified that LPG supply in Delhi remains stable and sufficient, dismissing recent rumours of shortages as misleading.

Between April 1 and April 26, the company supplied more than 4.83 lakh domestic LPG cylinders, along with 18,000+ commercial cylinders and additional small cylinders, ensuring uninterrupted availability for households and businesses.

The clarification comes amid wider concerns about LPG supply disruptions due to global energy issues, particularly tensions in West Asia. However, HPCL emphasized that its supply chain remains strong and fully capable of meeting demand.

Authorities have also advised consumers to avoid panic buying and rely only on official updates, as India continues to maintain stable LPG distribution despite global challenges.

27/04/2026

Oil India Limited has announced a significant hydrocarbon discovery in Libya’s Area 95/96 block, marking an important step in its international exploration efforts.

The discovery highlights the company’s growing footprint in global energy markets and reinforces its capabilities in upstream oil and gas exploration. Such finds are crucial for enhancing long-term production potential and securing energy resources.

This development is expected to contribute positively to Oil India’s reserve base and strengthen India’s strategic presence in overseas hydrocarbon assets.

As energy demand continues to rise, discoveries like these play a vital role in supporting supply security and expanding the country’s global energy partnerships.

26/04/2026

SJVN Limited hosted the Public Accounts Committee during its study visit to Himachal Pradesh, providing an opportunity for detailed review of the company’s operations and performance.

The visit focused on examining financial accountability, audit observations, and project ex*****on of the PSU. Members of the committee interacted with SJVN officials to understand key aspects of governance, efficiency, and compliance.

Such study visits play an important role in ensuring transparency and accountability in public sector undertakings, allowing parliamentary bodies to assess the effective use of public funds and implementation of projects.

The engagement reflects the importance of institutional oversight in strengthening governance standards and improving operational outcomes in India’s PSU ecosystem.

26/04/2026

Mineral Exploration & Consultancy Limited (MECL) has taken a step toward digital transformation by organizing a workshop on AI Agents in Nagpur, focusing on improving procurement processes through advanced technologies.

The workshop highlighted how artificial intelligence can streamline procurement systems by enhancing transparency, reducing manual intervention, and enabling faster, data-driven decision-making. Participants were introduced to AI-powered tools designed to optimize workflows and improve overall operational efficiency.

This initiative reflects MECL’s commitment to adopting modern digital solutions and aligns with the broader push across public sector enterprises to integrate technology into core business functions.

By leveraging AI in procurement, MECL aims to set a benchmark for innovation within the PSU ecosystem, ensuring smarter governance, better compliance, and improved resource management.

25/04/2026

Rashtriya Chemicals and Fertilizers Limited has received reaffirmation of its credit ratings, with ICRA maintaining an ‘AA (Stable)’ rating on its Non-Convertible Debentures (NCDs) and other long-term debt instruments.

The rating reflects a high degree of safety regarding timely servicing of financial obligations, while the reaffirmed A1+ rating for short-term instruments indicates very strong liquidity and repayment capacity.

The agencies have highlighted RCF’s strong market position in the fertilizer sector, consistent cash flows supported by government backing, and its strategic importance in India’s agricultural supply chain as key strengths behind the rating stability.

With stable ratings across its borrowing programs, RCF is well-positioned to access capital markets efficiently and continue funding its operational and expansion plans.

25/04/2026

Hindustan Petroleum Corporation Limited (HPCL) has clarified that all its retail fuel outlets in Jodhpur are functioning normally, dismissing recent media reports suggesting petrol and diesel shortages in the region.

The company assured that there is no disruption in supply and that adequate stock levels are being maintained across all outlets. It also emphasized that its logistics and distribution network remains fully capable of meeting demand efficiently.

HPCL highlighted that fuel consumption in the region has seen a sharp rise, with April 2026 sales increasing by nearly 29.8% compared to historical averages. Despite this surge, the company has managed supply through continuous replenishment and operational planning.

The clarification comes after reports of “dry-outs” at some petrol pumps created concern among consumers. HPCL has urged the public not to panic and reassured that fuel availability remains stable and uninterrupted.

24/04/2026

LIC Housing Finance has announced a fresh round of senior management appointments, strengthening its leadership across key operational areas including marketing, human resources, project finance, and audit.

The company has appointed Taruna Malick as General Manager for Marketing (Retail, Lead Management, and PR), Vikas Chaturvedi as General Manager handling HR, staff discipline and legal functions, Sudipto Sil as General Manager for Project Finance (Marketing), and Aruna H. Doke as Joint General Manager (Audit).

All appointments are effective April 24, 2026, and come with extensive experience across domains such as corporate communication, finance, HR, and digital transformation.

These leadership changes reflect the company’s strategic focus on strengthening governance, improving operational efficiency, and supporting long-term growth in India’s housing finance sector.

24/04/2026

The Railway Board has issued a corrigendum regarding the deputation of Rohit Laxmanrao Wasnik to Rail Vikas Nigam Limited (RVNL), correcting details mentioned in the earlier order. The revision aims to ensure accuracy and administrative clarity in the official posting process.

Corrigendums are routinely issued in government notifications to rectify errors or update specific details, ensuring that records and appointments remain precise and legally sound. In this case, the updated order reaffirms the deputation while addressing discrepancies in the initial notification.

Such corrections are important in maintaining transparency and smooth functioning within public sector undertakings, especially in key infrastructure organizations like RVNL, which plays a major role in railway project development across India.

23/04/2026

Gujarat Gas Limited (GGL) has played a crucial role in reviving the Morbi ceramic industry by restoring and ramping up natural gas supply after weeks of disruption caused by the West Asia energy crisis. Gas consumption in the cluster surged from about 0.36 mmscmd serving 83 units to nearly 2.70 mmscmd serving around 290 units within a short span, reflecting a strong recovery.

The company has assured uninterrupted gas supply along with price certainty, which has helped boost confidence among manufacturers and encouraged the reopening of factories. The number of operational units is expected to rise further to around 675–700 by May 2026, with gas demand projected to reach 6–7 mmscmd.

Earlier, the Morbi ceramic cluster—one of the world’s largest tile manufacturing hubs—was severely hit by fuel shortages due to global supply disruptions, forcing widespread shutdowns and threatening lakhs of jobs.

With improved gas availability and coordinated efforts between Gujarat Gas and industry stakeholders, the sector is now witnessing a gradual revival. The recovery is expected to restore production, stabilize exports, and support the livelihoods of nearly 2 lakh workers dependent on the ceramic industry.

23/04/2026

India has successfully managed its fuel supply chain amid the ongoing West Asia crisis, ensuring that petrol, diesel, LPG, PNG, and CNG remain available across the country without disruption. The Ministry of Petroleum and Natural Gas has confirmed that all fuel outlets are fully functional and adequately stocked nationwide.

To stabilize domestic availability and shield consumers from global price volatility, the government has taken key steps such as reducing excise duties on fuels and imposing export restrictions on diesel and aviation turbine fuel. These measures are aimed at prioritizing domestic consumption during a period of international supply uncertainty.

Authorities have also advised citizens to avoid panic buying and rely only on official information, as supply chains remain stable. Additionally, India has strengthened maritime safety and logistics to ensure uninterrupted import of energy resources, especially through critical routes like the Strait of Hormuz.

Despite global disruptions caused by geopolitical tensions, India’s coordinated policy response, strong reserves, and diversified sourcing strategy have helped maintain fuel availability and prevent shortages, reinforcing the country’s energy resilience.

23/04/2026

The Indian Air Force (IAF) has successfully activated an emergency landing facility on the Purvanchal Expressway in Uttar Pradesh, marking a significant step in enhancing operational readiness and strategic flexibility. The specially designed highway stretch allows fighter aircraft to take off and land during emergencies or wartime scenarios.

During the exercise, multiple IAF aircraft carried out landing and take-off operations, demonstrating the viability of using national highways as alternate runways. Such infrastructure is crucial in situations where conventional airbases may be unavailable or under threat.

The initiative reflects India’s growing focus on integrating civilian infrastructure with defence needs, ensuring rapid response capability and improved resilience. Expressways like Purvanchal are being developed with dual-use features to support both transportation and national security objectives.

This move strengthens India’s preparedness by enabling dispersed air operations and enhancing the survivability of air assets in critical situations.

22/04/2026

Central Mine Planning and Design Institute Limited (CMPDIL), a subsidiary of Coal India Limited, has exceeded its FY 2025–26 drilling target by achieving 105% of the planned work. The company completed over 11.5 lakh meters of drilling, reflecting strong ex*****on in coal exploration activities.

In a strategic move toward diversification, CMPDIL’s board has also approved a capital expenditure of ₹5.43 crore for exploration of a Rare Earth Elements (REE) block in Rajasthan. This marks a significant step as the company expands beyond coal into critical minerals essential for clean energy technologies and advanced industries.

The initiative aligns with India’s broader push for securing critical mineral resources and reducing dependence on imports. By venturing into REE exploration, CMPDIL is positioning itself as a key player in the evolving energy and mineral landscape.

The development highlights a shift in focus from traditional coal exploration to a more diversified mineral strategy, supporting India’s long-term energy security and industrial growth.

PSU India

27/04/2026

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