Annual Performance Review of CPSEs by MHI

The Ministry of Heavy Industries (MHI) completed its annual performance review of CPSEs to evaluate the efficacy of the enterprises in fulfilling their core objectives. The review was conducted by the Hon'ble Union Minister of Heavy Industries and the Hon'ble Minister of State for Power & Heavy Industries.   

In his keynote address on the occasion, Hon'ble Union Minister of Heavy Industries, Dr. Mahendra Nath Pandey, said that "we are committed to ensuring that these enterprises are operating effectively and efficiently, and this review provides valuable insights into their performance."

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : RITES Hosts Workshop on MAITRI; logo unveiled

During the review, Dr Nalin Shinghal, CMD, BHEL made a comprehensive presentation on the company's achievements and performance milestones which was appreciated by the Hon'ble Minister.

Read Also : Central Coalfields Limited signs with District Administration of Ranchi

MHI has been consistently supporting CPSEs in the direction of reducing their carbon footprint. As part of this, with the backing of MHI, BHEL has developed Advanced Ultra Supercritical (AUSC) technology for increasing the efficiency of thermal power plants which will produce more power from less coal, thereby playing a vital role in the country's energy security.

In addition to evaluating their performance, the Ministry also works closely with CPSEs to support their growth and development. This includes providing guidance on key issues such as indigenisation in line with the Hon'ble Prime Minister's vision of 'Aatmanirbhar Bharat'.

Read Also : GRSE Signs landmark MoU with Army for Modular Steel Bridge in Arunachal Pradesh