PSU Watch
June 3, 2025 at 05:44 PM
Hi! Time for a brief #newswrap for Tuesday from PSUWatch and EnergyWatch -- *ONGC says it is losing money on Assam asset due to low production & high manpower* https://psuwatch.com/newsupdates/ongc-says-it-is-losing-money-on-assam-asset-due-to-low-production-high-manpower *RITES emerges as L-1 bidder for Rs 28.5 crore Gujarat Urban Development project* https://psuwatch.com/newsupdates/rites-emerges-as-l-1-bidder-for-rs-285-crore-gujarat-urban-development-project *CPCL to sell petrol and diesel in retail outlets; commits Rs 400 crore capex* https://psuwatch.com/newsupdates/cpcl-to-sell-petrol-and-diesel-in-retail-outlets-commits-rs-400-crore-capex *NLC India and RVUNL form new JV to develop Lignite-based power projects in Rajasthan* https://psuwatch.com/newsupdates/nlc-india-and-rvunl-form-new-jv-to-develop-lignite-based-power-projects-in-rajasthan *WCL records highest-ever profit before tax since inception* https://psuwatch.com/newsupdates/wcl-records-highest-ever-profit-before-tax-since-inception *MOIL records highest-ever May production, begins FY'26 on strong note* https://psuwatch.com/newsupdates/moil-records-highest-ever-may-production-begins-fy26-on-strong-note *PNB slashes rates on education loan by 20 bps under Vidyalaxmi Scheme* https://psuwatch.com/newsupdates/pnb-slashes-rates-on-education-loan-by-20-bps-under-vidyalaxmi-scheme *NLC India forms JV with RVUNL to develop RE projects in Rajasthan* https://psuwatch.com/newsupdates/nlc-india-forms-jv-with-rvunl-to-develop-re-projects-in-rajasthan *Centre working continuously on green energy: Nitin Gadkari* https://psuwatch.com/newsupdates/centre-working-continuously-on-green-energy-nitin-gadkari Energy Watch *India's imports of Russian oil hit 10-month high in May* https://www.energywatch.in/oil-and-gas/indias-imports-of-russian-oil-hit-10-month-high-in-may *Petrol, diesel, LPG, ATF consumption witnesses robust growth in May* https://www.energywatch.in/oil-and-gas/petrol-diesel-lpg-atf-consumption-witnesses-robust-growth-in-may *Tata Motors expands electric vehicle line up, drives in Harrier.ev* https://www.energywatch.in/auto/tata-motors-expands-electric-vehicle-line-up-drives-in-harrierev Defence Watch *GRSE signs pact with Norway-based Kongsberg* https://psuwatch.com/defencewatch/grse-signs-pact-with-norway-based-kongsberg Bureaucracy Watch *Ashish Thakare (IAS) appointed as Director in DoEPD* https://psuwatch.com/bureaucracywatch/ashish-thakare-ias-appointed-as-director-in-doepd PSU Events *NTPC Dadri organised Swachhta Pakhwada* https://psuwatch.com/events-reports/ntpc-dadri-organised-swachhta-pakhwada — You stand updated for Tuesday. Good Night.
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