PSE Post

20/05/2022

📕 MY Latest TAKE on ENFRA Show Enfratv Iyer Why the LIC IPO received Lukewarm response & Why Government had to Literally Scrap the BPCL Disinvestment ( Rather Privatisation) process as a Sequel move and decide to explore public offloading of stake.

📗 Further, Why CBG / BioCNG is a Great God sent Opportunity for the Oil & Gas Sector PSE ( Public Sector Enterprises) that are presented with an Opportunity of US$1.65 Trillion GDP CAPEX Traction if 1 Plant of 7tpd is targeted for One out of Every 2 Villages in INDIA meaning of the 6 lac villages 3 lac Identified Villages having one plant/ project each of 7tpd with 200-250tpd Hybrid Organic Waste - Agro Waste ( Cane Sugar Press Mud, Parali, Rice Husk, Oli-seed residue etc) + Animal Husbandry Waste ( Cow/Buffalo Dung/ Bovine Waste) with an Investment of US$ 5.5 mn ( Rs 35-40Cr) per plant/ CBG project will provide 99% pure BioFuel / BioCNG ( CBG) with annual output sale traction as high as US$ 3 Trillion ( From CBG Sale & Bio Fertilizer - High Organic Carbon content which is a great replenisher of Soil ) .... This could also reduce our import bill on Gas drastically as well as in Gas as energy input for fertilizer production too can be significantly offset while replacing Chemical fertilizer with "Organic BioFertilizer" which is the Leftover residue post CBG extraction, and delivery across this Circular Economy model of EFW ( Energy From Waste) - An Unprecedented Revolution in Renewable BioFuels driving What I call as RE- Mobility.

I have always held that Lithium based EVs that depend on Lithium ( 92% Deposits with Australia, Chile, Argentina & China combine) and will not only make us dependent for it on trade monopolies , but alsi create a Disposal Challenge of Battery Waste of Lithium, Cobalt & Nickel at the end of Lifecycle.... Instead, Focus should be on Hydrogen Fuel Cell EVs.

10/02/2022

Ms. Sukla Mistry has taken over as Director (Refineries) of IOCL ( Indian Oil Corporation Ltd.) l, India’s highest-ranked Energy Market Public Sector Enterprise ( PSE) & No.1 OMC ( Oil Marketing Co) & in the ‘Fortune 500’ global listing on February 7, 2022.

Ms. Mistry is the first woman Functional Director on the IOCL Board. She will also be holding the positions of Director on the board of Chennai Petroleum Corporation Ltd. (CPCL) & the 60 MMTPA Ratnagiri Refinery & Petrochemical Limited, the World’s Largest grass root refinery project, coming up in MAHARASHTRA. Ms. Mistry will continue to hold the post of Non-Executive Director on the Board of IHBL, a Joint Venture Company of three leading Oil & Gas Central Public Sector Undertakings.

Ms. Mistry as Director (Refineries) of IOCL shall spearhead the business & operations of nine refineries & petrochemical plants of IOCL. With a robust Refineries Division, IOCL (including its group companies) remains the nation’s top refiner with a group refining capacity of 80.55 million tonnes per annum (1.64 million barrels per day).

A Metallurgical Engineer from Bengal Engineering College, Calcutta University, Ms. Mistry also holds an Advance Diploma in Management from ICFAI and certification in Industrial Radiography & Ultrasonic Non-destructive testing.

Prior to taking over as Director (Refineries), she was heading IOCL's 6.0 MMTPA Barauni Refinery in Begusarai District, Bihar, as the only woman Executive Director & Refinery Head, leading an IndianOil refinery. Some of the major achievements under her tenure have been implementation of the mega BS-VI projects, roll-out of BS-VI grade fuel from the refinery much before its stipulated timeline, supply of ethanol-blended MS & XP-100 MS, setting-up of Continuous Catalytic Reforming Unit by sourcing reformates from other refineries, thereby increasing the GRM of the refinery.

Ms Mistry is also the first woman in IOCL to hold the position of Executive Director & Refinery Head of an IndianOil refinery unit, first at Digboi Refinery (Assam) from 1 st January 2018-7 th February 2019, which is the oldest operating refinery in Asia, then later went on to lead Barauni Refinery. At Digboi Refinery, Ms. Mistry played a key role in maximization of value-added products like Rhino wax brand by 25% & commissioning of IOCL's Golai Marketing Terminal. Under her tenure, Digboi Refinery became the only and first-ever refinery in the country to bag the Special TPM Award from the Japan Institute of Productive Management.

Ms. Mistry was the only Indian woman selected for deputation to Qatar Petroleum (at Qatar site) way back in April 2004 (3 rd April 2004 – 31 st March 2006) and Emirates National Oil Company (Dubai) in March 2002 for the ex*****on of the mega Linear Alkaline Benzene Project and plant turn-around inspection respectively. With over 35 years of extensive experience in refining & petrochemicals operation, she has also been a key part of the prestigious team that set up India's largest Naphtha Cracker Complex, including its captive power plant and Styrene Butadiene Rubber Project of Indian Synthetic Rubber Private Limited ( ISRPL) at Panipat Refinery.

Ms. Mistry’s rich contribution to the oil & gas industry has earned her prestigious awards like SCOPE Excellence Award for Outstanding Woman Manager among PSEs (2016-17), Petrotech Ojaswini Award-2016, Petrofed Best Woman Executive Award-2009, and National Petroleum Management Programme Best Woman Executive Award-2000, among several others.

26/01/2022

🇮🇳 WISHING All INDIANs in Our INDIA our BHARAT our HINDUSTAN & WORLDWIDE too a Very Happy 73rd REPUBLIC DAY ( 72nd Anniversary of Our SSSDR - Sovereign Socialist Secular Democratic Republic )

INDIA's Republic Day marks the celebration on this date on which the "Constitution of INDIA" came into effect on 26, January 1950, replacing the Government of India Act (1935) as the governing document of India and thus, turning the nation into a newly formed Republic.

The day also marks the transition of INDIA from an autonomous Commonwealth realm with British Monarch as nominal head Circa 1947 of the Indian Dominion, to a fully Sovereign Democratic Republic (SDR) Circa 1950, which Later was Further Strengthened as an SSSDR ( Sovereign Socialist Secular Democratic Republic ) Circa 1975 via a Historic Amendment that reflected the Core Dream of NETAJI SUBHASH CHANDRA BOSE who advocated a Socialist & Secular state way back when he proclaimed the AZAD HIND Government in October 1943.

The INDIAN CONSTITUTION was adopted by the Indian Constituent Assembly on 26 November 1949 ( which is Celebrated as CONSTITUTION Day) and came into effect on 26 January 1950 with a Sovereign Democratic Government System, completing the country's transition towards becoming a FREE REPUBLIC.. CHAKRAVARTI C. RAJAGOPALACHARI was the First & Last GOVERNOR GENERAL of FREE INDIA ( 1948-1950) when transition of power happened and 26th January 1950 was the Day he demited his office as GG.

26th January was thus chosen as the date for Republic Day because it was on this day Circa 1930 when the Declaration of "PURNA SWARAJ" or COMPLETE SELF GOVERNANCE & FREEDOM of DEMOCRATIC Governance of the FREE NATION of INDIA was proclaimed by the Indian National Congress ( INC) of the Pre - Freedom Era movement in transformation towards FREEDOM from the Realm of Dependence status as a Dominion as then instated by the departing British Imperial Regime circa 1947 in transition of power during exit.

17/06/2021

Prof. Iyer’s ENFRA Show covering issues pertaining to Economy, Nation, Federalism, Renewables & Androgynous Growth Model and the first issue being taken up in the course of this launch via Zoom Platform is that of the “INDIA’s PUBLIC SECTOR ENTERPRISES” under the aegis of the discourse across the “PSE Journal – International Review for INDIA’s Public Sector Enterprises”.

Participants :

1) R N Khazanchi, Hon. DRUK THUKSEY & Former MD, THPA & PHPA (I & II), BHUTAN

2) N Murugesan, Former Director General, CPRI

3) S K Shukla, Former Director (Tech.), THDCIL and Former Advisor (Tech.), IREDA, Ministry of Renewable Energy, Government of INDIA

4) PVSN MURTY, Former Vice President, VOITH Hydro & Hon Associate Director, REPA

Moderator / Anchor : Prof A G Iyer, Editor-in-Chief – PSE Journal, MARKENOMY, ENERTIA & DEFENCE & Marine Biz and President, MARKENOMY Foundation & REPA

Chief Coordinator : R Thiagarajan Iyer, Editorial Director - PSE Journal, MARKENOMY, ENERTIA & DEFENCE & Marine Biz and Secretary General, MARKENOMY Foundation & REPA

The Questions under discourse for the same held on Thursday, 17th June 2021 @ 4.00 p.m. were as follows :

1) Public Sector Enterprises (PSEs) in INDIA
2) Disinvestment v/s Divestment - Explained
3) Overall contribution of PSEs in the Indian GDP
4) PSEs and dependence of INDIA’s MSMEs on PSEs

5) The Public Sector is more privately held by the Government and the listed Private Sector is more Publicly held by the Shareholders. Also, discussing in the process that INDIA has 3 type of Enterprise Management and deliveries

a) Public Sector Enterprise
b) Private Sector Enterprise
c) Cooperative Sector Enterprise

6) The Potential future has to look forward to Joint Ventures, Hybrid Enterprises and Public-Private Partnerships. There is a huge inter-dependency and arguing one over the other is futile, rather it is important to note that there must be greater transparency in Private Sector Management and greater autonomy to the Public Sector and the Cooperative Sector.

INDIA has seen successes in all 3 Types known and failures too. Generalising through the approach of ‘Privatising of Public Enterprise’ is not the answer as it promotes the dominance of ‘Crony Capital’. What we need is to take the best and make the best and lead towards a model of co-existence and collaboration for the best outcomes of our Enterprise Models.

Prof. Iyer’s ENFRA Show covering issues pertaining to Economy, Nation, Federalism, Renewables & Androgynous Growth Model and the first issue being taken up i...

17/06/2021

Prof. Iyer’s ENFRA Show covering issues pertaining to Economy, Nation, Federalism, Renewables & Androgynous Growth Model and the first issue being taken up in the course of this launch via Zoom Platform is that of the “INDIA’s PUBLIC SECTOR ENTERPRISES” under the aegis of the discourse across the “PSE Journal – International Review for INDIA’s Public Sector Enterprises”.

Participants :

1) R N Khazanchi, Hon. DRUK THUKSEY & Former MD, THPA & PHPA (I & II), BHUTAN

2) N Murugesan, Former Director General, CPRI

3) S K Shukla, Former Director (Tech.), THDCIL and Former Advisor (Tech.), IREDA, Ministry of Renewable Energy, Government of INDIA

4) PVSN MURTY, Former Vice President, VOITH Hydro & Hon Associate Director, REPA

Moderator / Anchor : Prof A G Iyer, Editor-in-Chief – PSE Journal, MARKENOMY, ENERTIA & DEFENCE & Marine Biz and President, MARKENOMY Foundation & REPA

Chief Coordinator : R Thiagarajan Iyer, Editorial Director - PSE Journal, MARKENOMY, ENERTIA & DEFENCE & Marine Biz and Secretary General, MARKENOMY Foundation & REPA

The Questions under discourse for the same held on Thursday, 17th June 2021 @ 4.00 p.m. were as follows :

1) Public Sector Enterprises (PSEs) in INDIA
2) Disinvestment v/s Divestment - Explained
3) Overall contribution of PSEs in the Indian GDP
4) PSEs and dependence of INDIA’s MSMEs on PSEs

5) The Public Sector is more privately held by the Government and the listed Private Sector is more Publicly held by the Shareholders. Also, discussing in the process that INDIA has 3 type of Enterprise Management and deliveries

a) Public Sector Enterprise
b) Private Sector Enterprise
c) Cooperative Sector Enterprise

6) The Potential future has to look forward to Joint Ventures, Hybrid Enterprises and Public-Private Partnerships. There is a huge inter-dependency and arguing one over the other is futile, rather it is important to note that there must be greater transparency in Private Sector Management and greater autonomy to the Public Sector and the Cooperative Sector.

INDIA has seen successes in all 3 Types known and failures too. Generalising through the approach of ‘Privatising of Public Enterprise’ is not the answer as it promotes the dominance of ‘Crony Capital’. What we need is to take the best and make the best and lead towards a model of co-existence and collaboration for the best outcomes of our Enterprise Models.

Prof. Iyer’s ENFRA Show covering issues pertaining to Economy, Nation, Federalism, Renewables & Androgynous Growth Model and the first issue being taken up i...

31/01/2021

, Chairman & Managing Director SJVN ( Satluj Jal Vidyut Nigam) Ltd, has a good News for INDIA that the Government of NEPAL has allotted the 679 MW Lower Arun Hydro Electric Project in Nepal to SJVN through competitive bidding. The Investment Board of Nepal in its meeting on 29.01.2021, chaired by Hon’ble Prime Minister of Nepal, has declared awarding of the Arun Hydroelectric Project to SJVN.

Nand Lal Sharma, Chairman & Managing Director, SJVN met the Hon’ble Prime Minister of Nepal, Sh. K.P. Sharma Oli, in Kathmandu. Sh. Nand Lal Sharma expressed his deepest gratitude to the Hon’ble Prime Minister for awarding the Lower Arun Hydro Electric Project to SJVN and assured the Prime Minister that project will be completed in a time bound manner.

Nand Lal Sharma informed that SJVN has obtained the Project through International Competitive Bidding, after competing with various international companies including from China.

The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3561 million units of electricity per annum.

N L Sharma, CMD, SJVN, further stated that the Projects being developed by SJVN in Nepal would result in overall development and boost mutual economic growth in India & Nepal. He said that the Infrastructural Development related to project activities would ensure overall socio-economic development of the region. SJVN is already constructing 900 MW Arun 3 HEP in Nepal and 217km 400 kV associated transmission system. With addition of Lower Arun Hydro Electric Project to its kitty, SJVN portfolio now stands at 8960.5 MW

SJVN’s present installed capacity is 2016.51 MW and aims to be 5000 MW company by 2023, 12000 MW Company by 2030 and 25000 MW Company by 2040. SJVN has presence in various sectors of energy generation which includes Hydropower, Wind, Solar & Thermal. The company also has presence in the field of Power Transmission.

****Source : Energy Business Wire (EBW), Enertia Journal & PSE Post

27/12/2020

https://wap.business-standard.com/article-amp/companies/psu-presence-in-rs-1-trillion-club-shrinks-in-2020-index-declines-18-120122500799_1.html

Read more about PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18% on Business-standard. The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India

25/10/2020

10/08/2020

PESB ( Public Enterprise Selection Board) has Selected Mrs SOMA MONDAL , presently Director ( Commercial), SAIL as it's next CHAIRPERSON. This is now proceeded for Further perusal and Final Endorsement to the ACC ( Appointments Committee of Cabinet), Government of INDIA.

Her Appointment will be path breaking Worldwide with her qualification of being the main lady director on board of SAIL ( NSE Listed). She will likewise be the principal lady to head a significant steel organisation in INDIA as well as anywhere else, esoecially in PSEs ( Public Sector Enterprises), WorldWide.

Anil Chaudhary, the current Chairman of the SAIL has been in charge since September 2018 and his retirement is due by the end of 2020.

In September 2018, Mondal took over as the Director (Commercial) of Steel Authority of India Limited. Soma Mondal has also served as the Director (Commercial), NALCO, Bhubaneswar.

She completed her graduation from the National Institute of Technology ( NIT), formerly REC ( Regional Engineering College), Rourkela, ODISHA in 1984 from the Faculty of Electrical Engineering. She joined as a Graduate Engineer Trainee ( GET) in NALCO and was also later involved in various project implementation activities as a part of the Technology Cell.

She is appraised for her notable contribution to the Aluminium Industry and in various Industry forums. She has also designed devising marketing strategies for different products in the Domestic & Oversea market. She has also been actively involved in the launch of a variety of new products by the company. Under her Stewardship, substantial improvements were achiebed in Marketing and Materials Management capacities at NALCO.

In March 2017, she assumed as the Director (Commercial) as the first woman Director on board of SAIL. SAIL saw significant jump forward in marketing volumes out of its modernised plants post her assuming the office.

22/07/2020

IAS is the New SECRETARY- Petroleum and Natural Gas, MoPNG ( Ministry of Petroleum & Natural Gas) ...
Served Brilliantly as the Vice Chairman, DDA & Formerly , Jt Secretary - SOLAR at MNRE, and is the Man Who Set the ball rolling to double the NSM ( National Solar Mission) from its 20GW to the present 40GW by 2020.

He is the Winner of the "Best Bureacrat of the Decade" at the Prestigious PRAKASHmay ENERTIA Awards & has also been Conferred, SOURYA RATNA , Highest Honour, at the SOURYA URJA PURASKAAR, instituted by REPA ( Renewable Energy Promotion Association) , India's Apex Umbrella body for RE.

Shri Tarun Kapoor IAS (Himachal Pradesh 1987) was appointed as Secretary, Ministry of Petroleum and Natural Gas upon superannuation of the present incumbent Shri M M Kutty IAS (UT 1985) on 30.04.2020.

Shri Kapoor has served as VC- DDA since 2018 and has managed many important portfolios including Jt Secy- M/o New & Renewable Energy, MD- Power Transmission Corp Ltd, Director- Energy Dept, HP, Jt Secy- Power Dept, HP, Chairman – State Electricity Board, DC-Shimla , DC- Land Revenue Mgmt & District Admn, Director (Personnel)- SJVN, Director- Panchayati Raj Dept, Special Secy- Youth Affairs & Sports, DC- Chamba and Additional Chief Secretary to HP Government to name a few.

He has done his Mid Career Programme for IAS Officers – Phase V in 2015, Leadership & Change Management in Public Administration from UK and has completed important trainings in Jr Level – 1985- 88 Batches Administrative Training Institute 1994-1995, E-Gov and its Benefits IIMB 2004-2005, Advanced Course on WTO Administrative Staff College of India 2006-2007, Negotiating Strategies & PPP , IIMB 2009-2010 and Inner Engineering Leadership Programme 2017-2018. Shri Kapoor is a BE (Elect) and MBA is Business Management.

He is One of the Finest Bureacrats INDIA has ever produced and seen in action.

Source : & .