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Cover Story

On the award-winning PSES and their CMDs

Public Sector Day celebration function, jointly organised by the Department of Public Enterprises and SCOPE. The President of India Smt. Pratibha Devisingh Patil presented the award

Bharat Heavy Electricals Ltd (BHEL) was presented the SCOPE Meritorious Award for R&D, Technology Development and Innovation for 2009-10.

The SCOPE Gold trophy went to the Steel Authority of India Ltd for Environmental Excellence & Sustainable Development, Bharat Electronic Ltd for Corporate Governance; Hindustan Petroleum Corporation Ltd for Corporate Social Responsibility & Responsiveness; Indian Oil Corporation Ltd for best practices in Human Resource Management; Punjab National Bank for Best Managed Bank, Financial Institution or Insurance Company; the National Safai Karmacharis Finance & Development Corporation for the Best Managed PSE set up under Section 25.

Commendation certificates were awarded to NMDC Ltd for Corporate Social Responsibility & Responsiveness; the Central Mine Planning & Design Institute for R&D, Technology Development and Innovation; and to the Power Finance Corporation for Best Managed Bank, Financial Institution or Insurance Company.

  • Bharat Heavy Electricals Ltd (BHEL)

      During 2010-11, BHEL invested an all-time high of Rs 10,050 million on R&D – 21% higher than the previous year. Its investment in R&D in 2009-10 was Rs 8,290 million. With an R&D spend at over 2.3% of its turnover, BHEL is the highest spender on R&D in India for its kind of industry. Commercialization of products and systems developed by way of in-house R&D contributed around 18% to the company’s turnover of Rs 4,34,510 million in 2010-11. BHEL is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector. It was established more than 40 years ago, ushering in the indigenous heavy electrical equipment industry in India. The company has earned profits continuously since 1971-72 and has paid dividends since 1976-77.

      BP Rao, Chairman and Managing Director, BHEL

      B Prasada Rao has taken over at a crucial juncture when BHEL is building capacity and capability to help meet the country’s power forecast for the Eleventh Plan and beyond. He is a mechanical engineering graduate from Jawaharlal Nehru Technological University, Kakinada, Andhra Pradesh, and a post-graduate in industrial engineering from NITIE, Mumbai. He has 31 years of diversified, versatile and varied experience through working in strategic as well as operational areas in all major segments of BHEL, covering concept-to-commissioning activities. As head of the industrial systems and products business sector before this, he enhanced the business growth in the industry sector to an unprecedented level and marked a number of first-ever achievements in all the eight business segments. He ensured a turnaround in the transmission projects group with the highest-ever revenue and profits during 2008-09 after 6-7 years of continuous losses.

      • Steel Authority of India Ltd (SAIL)

        SAIL, the country’s leading steel-making company, is a fully-integrated iron and steel maker, producing basic and special steels for the domestic construction, engineering, power, railway, automotive and defence industries and for sale abroad. SAIL is also among the four Maharatna Central PSUs. It manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels. It produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials, including the company’s iron ore, limestone and dolomite mines. SAIL is India’s second largest producer of iron ore and has the country’s second largest mines network.

        Chandra Shekhar Verma, Chairman and Managing Director, SAIL

        Chandra Shekhar Verma took charge in June 2010. Before this, he was Director (Finance) with BHEL. He has stated that his first priority will be to get SAIL to produce more value-added products as at present it does not completely fulfil the power sector requirements. He plans to get BHEL to increase its purchases from SAIL. Currently, SAIL sells 7% of its steel to BHEL. However, it does not produce special steel products such as cold rolled grain oriented (CRGO) steel and cold rolled non-grain oriented (CRNGO) steel for which BHEL has to depend on imports. Verma says the company will look at acquisition opportunities abroad, especially for raw material assets.

        • Bharat Electronic Limited (BEL)

          BEL was established at Bengaluru under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. It grew into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad. BEL offers products and services in a wide spectrum – radars, military communications, naval systems, electronic warfare systems, telecommunications, sound and vision broadcasting, opto-electronics, tank electronics, solar photovoltaic systems, embedded software and electronic components. It also provides turnkey systems solutions. Defence continues to be BEL’s prime focus it has diversified into civilian areas, including electronic voting machines, solar powered LED-based traffic signal lights, simputers and set top boxes. It offers contract-manufacturing services for both domestic and international customers.

          Ashwani Kumar Datt, Chairman and Managing Director, BEL

          Ashwani Kumar Datt took over from May 1, 2009. He was earlier Director (Other Units) of BEL and headed eight of the nine units at Ghaziabad, Panchkula, Navi Mumbai, Kotdwara, Pune, Hyderabad, Chennai and Machilipatnam. Graduating in mechanical engineering from Delhi University in 1972, he joined BEL at Bengaluru in January 1973. In May 1973, he was assigned to the team which set up the second unit at Ghaziabad. He has extensive experience in development and engineering, production, quality assurance and installation/commissioning of complex radar and communication systems. He is a qualified lead assessor for quality systems. He has received intensive training in India and abroad on project management, technology transfer and quality management systems.

          • Hindustan Petroleum Corporation Ltd (HPCL)

            HPCL is a Fortune 500 company with an annual turnover of Rs 1,08,599 crore and sales/income from operations of Rs 1,14,889 crore in 2009-10, having about 20% market share in India and a strong market infrastructure. It operates two major refineries producing a variety of petroleum fuels and specialties –in Mumbai (West Coast) of 6.5 million metric tonnes per annum (mmtpa) capacity and in Visakhapatnam (East Coast) with 8.3 mmtpa capacity. HPCL holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Ltd, a refinery at Mangalore with 9 mmtpa capacity. HPCL is constructing a refinery at Bathinda, Punjab, as a joint venture with Mittal Energy Investments Pvt Ltd. It also owns and operates the country’s largest lube refinery, producing lube base oils of international standard, with 335 tmt capacity. This refinery accounts for over 40% of India’s total lube base oil production.

            S Roy Choudhury, Chairman & Managing Director, HPCL

            S Roy Choudhury took charge from August 2010. Prior to this he was Director, Marketing, from May 2004 to July 2010. He is a mechanical engineer from the University of Assam and began his career with Assam Oil Company, Digboi. He joined HPCL in June 1982 as a construction engineer. In these 29 years, he has worked in the Refinery, Marketing (Operations), and Projects and Sales divisions as General Manager (Supply, Operations and Distribution), General Manager (Pipelines), General Manager – Sales (West Zone), and Executive Director – Direct Sales. He is credited with creating a Pipelines division and completing several pipeline projects. He was responsible for the smooth transition from APM to non-APM in product supplies and distribution.

            • Indian Oil Corporation Ltd

              Indane, the most popular product of Indian Oil, is today one of the largest packed-LPG brands in the world. Having launched LPG marketing in the mid-1960s, Indian Oil is credited with bringing about a “kitchen revolution”. It has led to a substantial improvement in the health of women, especially in rural areas, by replacing the smoky chulha. The company has been successful with other products also. It continues to lay emphasis on infrastructure development. Towards this end, a number of schemes have been initiated with increasing emphasis on project execution in compressed schedules as per world benchmarking standards. Project systems have been streamlined in line with ISO standards.

              RS Butola, Chairman, Indian Oil

              Before joining Indian Oil, RS Butola was MD of ONGC Videsh Ltd (OVL). Under him, OVL built a formidable E&P portfolio comprising both discovered and producing assets in over 15 countries. In a three-decade career, he spent two in the hydrocarbon industry. He has done the appraisal and evaluation of the Mumbai High Redevelopment Scheme and implementation of ONGC’s first ERP. As the first Chief – Commercial of ONGC, he negotiated and executed the first crude oil sales agreement with the refineries upon dismantling of the administered pricing regime. He holds an MBA from the Faculty of Management Studies, New Delhi, and is a Certified Associate of the Indian Institute of Bankers.

              • Punjab National Bank (PNB)

                With over 56 million customers and more than 5,000 offices, including five overseas branches, PNB has retained its leadership among the nationalized banks. It enjoys strong fundamentals, large franchise value and good brand image. Apart from banking products, it has also entered the credit card, debit card, bullion business, life and non-life insurance, gold coins and asset management business, and so on. Begun in 1895 as the first swadeshi bank, started with Indian capital, its business at the end of March 2010 amounted to Rs 4,35,931 crore. PNB is ranked as the second largest bank in the country after SBI in terms of branch network, business and other parameters.

                KR Kamath, Chairman & Managing Director, PNB

                KR Kamath took over in October 2009. He has also become Deputy Chairman of Indian Banks Association from April 1, 2011. He was earlier Chairman & Managing Director of Allahabad Bank, and Executive Director of Bank of India. A graduate of the University of Mysore, he is a Fellow of the Indian Institute of Bankers. He joined Corporation Bank in 1977 and rose to become its General Manager. He also held directorships in Indo Zambia Bank, ASREC (India), BOI Shareholding, Bank of India (Tanzania), Star Union Dai-ichi Life Insurance and PT Bank Swadesi, Jakarta, Indonesia.

                • National Safai Karmacharis Finance & Development Corporation

                  NSKFDC was incorporated under Section 25 of the Companies Act, 1956, on January 24, 1997, as a “company not for profit”. It is fully owned by the Government of India and has an authorized share capital of Rs 300 crore. It is to act as an apex institution for socio­economic uplift of safai karamcharis and their dependents throughout India and help them break away from their traditional occupation, depressing social condition and poverty. It provides technical and professional training, quality control, technology upgradation, and common facility centres for carrying out sanitation work.

                  Lalit Kohli, MD, NSKFDC

                  Lalit Kohli has a graduate degree in science and a post-graduate diploma in business management. In addition, he has a diploma in export management and an MSc in development management from Calendonian University, Glasgow. He is also an MBA with specialization in personnel management from Barkatullah University, Bhopal and has undergone a specialized managerial training course in marketing management and personnel management from SISI, New Delhi.

                  • NMDC Ltd

                    NMDC Ltd was incorporated in 1958 as a Government of India-owned public enterprise. It is involved in exploration for a wide range of minerals, including iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten and graphite. It is India’s largest iron ore producer and exporter, producing about 30 million tonnes of iron ore from three fully mechanized mines – Bailadila Deposit-14/11C and Bailadila Deposit-5, 10/11A in Chhattisgarh and Donimalai in Karnataka – which have been awarded ISO 9001-2000 certification. NMDC has the only mechanized diamond mine in Asia, with a capacity of 1 lakh carats per annum, at Panna, Madhya Pradesh. The mine was non-operational since 22.08.2005 as directed by the MP Pollution Control Board. The issues were resolved and the mine revived with the Supreme Court granting permission.

                    Rana Som, CMD, NMDC

                    Rana Som believes that a company’s achievements are due to the employees’ efforts. He plans to mould NMDC into a large, multi-faceted organization with mining as its core activity. He also stresses corporate social responsibility and says that the well being of society is an essential prerequisite for the progress of the organization’s business and prosperity. He emphasizes education, healthcare, sustainable income generation and agricultural development. He also stresses the need for environmental management.

                    • Central Mine Planning & Design Institute (CMPDI)

                      A subsidiary of CIL, the institute is a premier consultant in open pit and underground mine planning and design in coal, lignite and other minerals. CMPDI has prepared over 900 mining project reports with individual project capacity up to 25 mtpa. New generation exploration technology coupled with skilled manpower has made CMPDI a leader in mineral exploration, resource evaluation, resource management, mining geology, hydro-geological and geophysical studies, engineering geology investigations, and so on. It holds a position of eminence in environmental engineering in coal and other sectors. CMPDI has a network of six laboratories in various coalfields to monitor air, water and noise parameters.

                      Ashok Kumar Singh, CMD, CMPDI

                      Ashok Kumar Singh has also taken over as Chairman-cum-Managing Director of South Eastern Coalfields Ltd, Bilaspur, in addition to being CMD of CMPDI. He has a BTech in mining engineering from Indian School of Mines (ISM), Dhanbad, and was a gold medallist. He also won the Pickering Medal of the Mining, Geological and Metallurgical Institute of India (MGMI). He got a post-graduate certificate and a post-graduate diploma in Longwall mine mechanisation from ISM. He has hands-on experience of over three decades in production, planning and management in subsidiaries of Coal India Ltd, namely, Bharat Coking Coal Ltd, Central Coalfields Ltd, and Northern Coalfields Ltd. He was conferred the National Mineral Award in 2007 by the Government of India for contribution in mining technology.

                      • Power Finance Corporation (PFC)

                      PFC was set up in July 1986 as a Financial Institution dedicated to power sector financing. It was notified as a Public Financial Institution in 1990 under the Companies Act, 1956. It was registered as a Non-Banking Financial Company by RBI and was conferred the status of a Navratna PSU in June 2007. PFC provides a large range of financial products and services like Project Team Loan, Lease Financing, Direct Discounting of Bills and so on for various power projects in generation, transmission and distribution. It is also involved in renovation and modernization of existing power projects.

                      Satnam Singh, CMD, PFC

                      Satnam Singh was appointed in August 2008. He was earlier Director (Finance) in PFC. In addition, he handled business development, loan disbursement, and financial and legal operations. He has over 28 years’ experience in the power and financial sectors, including NTPC and Satluj Jal Vidyut Nigam. He also represented PFC on the board of PTC India. He is also Chairman of Coastal Andhra Power Ltd and Jharkhand Integrated Power Ltd, the shell companies for the Krishnapatnam and Tilaiya mega power projects, respectively.

                      National Thermal Power Corporation (NTPC)

                      Set up in 1975, NTPC is India’s largest power generating company with an installed capacity of 34,194 MW through 15 coal-based, seven gas-based and six joint venture power stations. It was recently conferred Maharatna status. It has been ranked as Asia’s No. 1 and the world’s No. 2 independent power producer in the Platts Top 250 Global Energy Company ranking. Its operational performance in terms of plant load factor, availability factor, planned outage and forced outage has been better than most large power stations in the world, as observed in the benchmarking study by the North American Electric Reliability Centre. It has more than 15,000 MW capacity under construction and more than 30,000 MW capacity in various stages of preparation.

                      Arup Roy Choudhury, Chairman & Managing Director, NTPC

                      Arup Roy Choudhury is a civil engineer from BIT, Mesra, Ranchi, with a post-graduate degree in management from IIT. He was earlier head of the National Buildings Construction Corporation (NBCC). He was the youngest Chief Executive Officer of a Central PSU when he joined NBCC at the age of 44 in April 2001 as CMD. He has undertaken a number of initiatives to further strengthen NTPC. Under him, it has achieved its highest-ever new capacity addition of 2,490 MW in one year (2010 -11). He has been unanimously elected Chairman of the Standing Conference of Public Enterprises (SCOPE) for a consecutive second term from April 1, 2011.Ashok Kumar Singh has also taken over as Chairman-cum-Managing Director of South Eastern Coalfields Ltd, Bilaspur, in addition to being CMD of CMPDI. He has a BTech in mining engineering from Indian School of Mines (ISM), Dhanbad, and was a gold medallist. He also won the Pickering Medal of the Mining, Geological and Metallurgical Institute of India (MGMI). He got a post-graduate certificate and a post-graduate diploma in Longwall mine mechanisation from ISM. He has hands-on experience of over three decades in production, planning and management in subsidiaries of Coal India Ltd, namely, Bharat Coking Coal Ltd, Central Coalfields Ltd, and Northern Coalfields Ltd. He was conferred the National Mineral Award in 2007 by the Government of India for contribution in mining technology.

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