Beginning 2024, Bureaucrats India in the first edition of its annual list, is delighted to present ‘The 23 Stars in Indian CPSEs’. These CPSEs are the glowing stars that are making valuable contributions to further the Atmanirbhar Bharat and strengthen the Make in India campaigns launched by Prime Minister Narendra Modi to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure.

Approximately a year back, during his spirited response to a no-confidence motion in Lok Sabha, Prime Minister Modi had zestfully suggested that investors should consider acquiring stakes in the Public Sector Undertaking (PSU). The recent meteoric surge in Central Public Sector Enterprises (CPSEs) stocks indicates their turnaround, inherent strength and conviction of the nation to firmly invest in their prowess and capabilities.

The nominations are based on information available on public domain and our understanding of their contributions to the Indian economy. There are many other stars too, we acknowledge this, with a promise that we will continue with our mission of showcasing their success stories.
 

1. Oil and Natural Gas Corporation (ONGC) - Oil Exploration & Production Giant Securing India’s Energy

Maharatna ONGC, India's energy giant, is the largest crude oil and natural gas company of India, contributing around 71 per cent to Indian domestic production. The fiscal year 2021-2022 witnessed ONGC's robust financial resulting with a profit of Rs 40,305.74 crore, highest among all the Central Public Sector Enterprises.

This financial excellence is propelled by ONGC's end-to-end capabilities in exploration and production, upheld by its 26,000-strong workforce. Globally, ONGC stands tall, securing the 14th position in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings 2022. These rankings are based on four key metrics- asset worth, revenues, profits and return on investment.

Pioneering sustainable practices, ONGC is set to scale its renewable portfolio to 10 GW by 2030, with plans to invest Rs 1 trillion in green initiatives. Collaborations with leading players in low-carbon energy further showcase ONGC's dedication to navigating the energy transition. As cleaner fuels gain prominence, ONGC strategically balances renewable pursuits with the continued importance of natural gas in reducing carbon emissions. The company's robust performance, sustainable vision and workforce commitment reinforce its standing as a global energy powerhouse.

 

2.Indian Oil Corporation Limited (IOCL) - Energy Behemoth, a Shining Beacon in Energy Sector

With a visionary outlook, IOCL, the energy behemoth of the country, aims to be the 'Energy of India' and a 'Globally Admired Company’. IOCL reported a robust profit of Rs 24,184.10 crore in FY 2021-22, contributing 9.16% to the top 10 Central Public Sector Enterprises' aggregate net profit of Rs 1,60,742 crore.

Operating across the entire hydrocarbon value chain, IOCL has adopted sustainability and innovation as the core values. The company's strategic pillars ensure lasting value. IOCL's commitment to the International Integrated Reporting Council framework and alignment with the United Nations Sustainable Development Goals underscore its dedication to responsible business practices.

Over six decades, IOCL has played a major role in India's growth, setting industry benchmarks and adapting to change. The company's expansive reach and diversification into sustainable products highlight its commitment to global standards. IOCL's investments in petrochemicals over the next five years, totalling to Rs 35,000 crore, emphasise its dedication to a diversified, integrated energy future.

In a relentless pursuit of excellence, IOCL stands as a leader in the energy sector, promoting responsible energy consumption and contributing significantly to India's economic and environmental goals.

 

3. Power Grid Corporation of India Limited (PGCIL) - Leader in India's Power Landscape

PGCIL has emerged as a powerhouse in the energy sector, notching a commendable profit of Rs 17,093.76 crore in FY 2021-2022, securing its position as the third-highest profit earner among Central Public Sector Enterprises. A Maharatna enterprise, PGCIL, was incorporated in 1989 and holds the distinction of being India's largest Electric Power Transmission Utility.

PGCIL has been a consistent performer, listed since 2007 and rated ‘Excellent’ by the Ministry of Power since 1993-94. Operating approximately 86% of inter-regional networks, it boasts a robust infrastructure, including 1,76,531 km of transmission lines and 276 substations.

Beyond power transmission, PGCIL has diversified into telecommunications, utilising its extensive network for telecom services with over 100,000 km of network, 3000-plus points of presence, and availability in 500 cities. The company's foray into green energy corridors, smart grid solutions and transmission schemes for solar power parks showcases its commitment to sustainability and innovation.

Under the brand 'POWERTEL,' PGCIL offers a range of services, including National Long Distance and Internet Service Provider categories. The company's consultancy services span power transmission, sub-transmission, distribution management, and renewable energy integration.

PGCIL's multifaceted approach, coupled with achievements in smart grid solutions, solar power generation and energy efficiency, positions it as a trailblazer in India's energy landscape, aligning with the nation's power sector reforms and contributing significantly to a sustainable energy future.

 

4. National Thermal Power Corporation (NTPC) - Energising India’s Growth

NTPC, a trailblazer in India's power sector, posted an impressive profit of Rs 16,111.42 crore in FY 2021-2022, securing its position as the fourth major contributor among Central Public Sector Enterprises. With a mission to provide reliable, economical and environmentally friendly power solutions, NTPC has evolved into India's largest integrated power company, boasting an installed capacity exceeding 73 GW.

Established in 1975, NTPC plays a pivotal role in the entire power generation value chain, venturing beyond fossil fuels into hydro, nuclear, and renewable energy sources. The company's commitment to sustainability is underscored by its goal to achieve nearly 50% non-fossil fuel-based generation capacity by 2032, reducing its carbon footprint and contributing to a greener future.

NTPC's dedication extends beyond power generation, encompassing consultancy, power trading, training, rural electrification, ash utilisation and coal mining. A Maharatna company, NTPC stands as India's second-largest Independent Power Producer and a significant player in global energy rankings.

Guided by ‘People before Plant Load Factor’, NTPC's human-centric approach is reflected in its recognition as one of the ‘Top 50 Best Companies to Work for in India’ for 11 consecutive years. The company's sustainability strategy, ‘The Brighter Plan 2032’, aligns with UN Sustainable Development Goals, focusing on decarbonisation, biodiversity conservation, circular economy and community development, ensuring NTPC's pivotal role in India's economic growth, environmental preservation and societal well-being.

 

5. Steel Authority of India Limited (SAIL) - There’s Little Bit of SAIL in Everybody’s Life

SAIL has transformed from a loss-making enterprise a few years back to a record profit earner, raking in an impressive Rs 12,015.04 crore in FY 2021-2022. As one of India's largest steel-making companies and a Maharatna of the Central Public Sector Enterprises, SAIL operates five integrated plants and three special steel plants strategically located in the eastern and central regions, capitalising on proximity to raw materials.

This steel giant's success is rooted in its commitment to diversified product mixes, strong marketing and a robust distribution network. SAIL's management team, backed by a credo emphasising lasting customer relationships, ethical business conduct, a proactive culture, and employee growth, has been pivotal in its resurgence.

SAIL's journey traces back to the vision of laying the infrastructure for India's rapid industrialisation. Evolving from Hindustan Steel Limited, SAIL was established in 1973 and has played a crucial role in the nation's industrial development. Embracing sustainability, SAIL focuses on a sustainable steel production action plan through technology deployment, quality improvement in raw materials, recycling, renewable energy promotion and afforestation.

In its quest for sustainability, SAIL actively engages in climate change mitigation, deploying technologies to reduce Greenhouse gas emissions during modernisation and expansion. With a commitment to a greener future and a robust contribution to India's steel supply, SAIL's journey epitomises resilience, innovation and a sustainable vision for the steel industry.

 

6. Coal India Ltd (CIL) - Largest Coal Producer Supporting ‘Make in India’ Initiative

CIL stands tall as the beacon of India's energy security, recording a robust profit of Rs 11,201.57 crore in FY 2021-2022. Established in 1975, CIL has evolved into the world's largest coal producer, contributing significantly to the nation's power generation and supporting the ‘Make in India’ initiative. With 322 mines across eight states, CIL commands 85% of the country's coal production, meeting 40% of its commercial energy needs.

CIL's commitment to sustainability is evident in its vast plantation drives, eco-park initiatives and pursuit of renewable energy sources. It actively engages in CSR activities, emphasising education, healthcare and community development.

Beyond coal extraction, CIL focuses on environmental conservation, energy efficiency and the implementation of solar energy initiatives. Notably, its First Mile Connectivity plan aims to mechanise coal transportation through conveyor belts, emphasising environmental safety and efficiency.

In an era of transformation, CIL's role remains pivotal, ensuring India's energy resilience and sustainable coal supply, embodying the essence of smart, visionary and indispensable leadership.

 

7. OIL India Limited (OIL) - Playing Pivotal Role in India Energy Security

OIL stands as a cornerstone in India's energy landscape, tracing its origins to the historic oil discovery in Digboi, Assam, in 1889. As a fully integrated Exploration & Production company, OIL is a Maharatna enterprise and the second-largest national oil and gas company. With a Pan-India presence and international ventures in seven countries, OIL plays a pivotal role in India's energy security.

OIL's commitment to sustainability is evident through its diverse portfolio, covering hydrocarbon exploration, Liquefied Petroleum Gas (LPG) production and pipeline transportation. The company, owning over 2,000 km of trunk and feeder pipelines, showcases expertise in Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR) operations.

In a strategic move, OIL has diversified into the Renewable & Alternate Energy sector, with 188.10 MW installed capacity in Wind and Solar projects. OIL's financial prudence is underscored by strong credit ratings, with agencies like Moody's, Fitch, CARE and CRISIL recognising its stability and performance.

In FY 2021-22, OIL achieved its highest-ever Profit After Tax (PAT) at Rs 3,887.31 crore. This is 123.20% increase over the PAT of Rs.1741.59 crore during last year.

The company excelled in crude oil and natural gas production, emphasising its crucial role in meeting India's energy needs. Environment sustainability remains central to OIL's vision, evident in initiatives like Project Vasundhra, reflecting its commitment to a greener and energy-secure future.

 

8. Container Corporation of India Ltd (CONCOR) - Redefining Container Business, Cargo Movement

CONCOR stands as a leader in India's transportation evolution, catalysing a paradigm shift since its inception in 1988. Pioneering container business, CONCOR revolutionised cargo movement, aligning seamlessly with global trade trends. The company's 61 Inland Container Depots (ICDs) and Container Freight Stations (CFSs), extensive rail network and strategic tie-ups underscore its undisputed market leadership. From rail transport to managing ports and air cargo complexes, CONCOR's footprint resonates with efficiency.

The vision of CONCOR goes beyond logistics; it's about community partnership. Their commitment to responsive, cost-effective and reliable solutions positions them as the first choice for customers. The corporate objectives focus on innovation, resource optimisation, and ethical business practices. CONCOR's role as a carrier, terminal operator and warehouse operator highlights its multifaceted impact.

The company's foray into door-to-door services and the establishment of CONCOR Last Mile Logistics Limited solidify its commitment to customer-centric solutions. The subsidiary, with a digital App-based approach, signals a stride toward cost-effective and efficient logistics. CONCOR's financial and physical performance over the last decade is a testament to its success story.

CONCOR is not just a logistics giant; it's a visionary force shaping India's transportation landscape with sustainability, customer focus, and innovation at its core.

 

9. Bharat Petroleum Corporation Limited (BPCL) - Transitioning into Energy Giant

BPCL has demonstrated exceptional resilience amid the recent global challenges, transitioning seamlessly from the pandemic's aftermath to navigate the geopolitical tremors impacting the world economy. The company's stellar financial performance in the year 2021-22 reflects its agility and strategic prowess. With a focus on energy transition, BPCL is evolving into an 'energy' company, committing to achieve 'Net Zero' emissions by 2040 and venturing into green energy with a forward-looking vision.

Financially, BPCL showcased robust results with a Profit After Tax (PAT) of Rs 8,789 crore in FY 2021-2022 on a standalone basis, underscoring its ability to weather market fluctuations. The company's expansion into petrochemicals, natural gas and renewable energy aligns seamlessly with national priorities and global climate goals. Notably, BPCL's commitment to societal well-being and its innovative forays into digitalisation and retail expansion further solidify its position as a forward-thinking industry leader. As BPCL's journey unfolds, the company's financial strength, strategic initiatives and commitment to sustainability underscore its pivotal role in securing the energy landscape of the country, making it a beacon of success in a rapidly changing global energy paradigm.

 

10. Life Insurance Corporation of India (LIC) - Zindagi ke Saath Bhi, Zindagi ke Baad Bhi

LIC, adorned with the iconic slogan 'Zindagi ke saath bhi, zindagi ke baad bhi', made a historic foray into the stock market in 2022. Although its debut faced challenges due to geopolitical tensions and surging inflation, LIC's indomitable spirit and steadfast principles continue to underpin its significance in India's insurance landscape.

As the largest life insurer in India, LIC's commitment to spreading life insurance comprehensively, particularly in rural and economically backward areas, reflects its dedication to financial inclusion. The company's cross-cyclical product mix, dominated by participating life insurance policies, caters to diverse consumer needs, solidifying its status as a trusted brand with a customer-centric business model.

LIC's expansive omni-channel distribution network, coupled with a tech-savvy approach, underscores its adaptability to the evolving market. Being the largest asset manager in India, LIC's financial performance, robust risk management framework, and recognition as a Domestic Systemically Important Insurer (D-SII) affirm its role as a leader in safeguarding policyholders' interests. With a strategic vision that aligns with national priorities, LIC continues to epitomise trust, efficiency and dedication in the insurance sector, transcending market challenges with resilience and innovation.

 

11. State Bank of India (SBI) - Financial Giant Steadfast in ‘Pure Banking’

SBI, the banking giant, stands as the largest in India, boasting an asset size surpassing the combined might of the three domestic banking titans – ICICI Bank, Punjab National Bank and Bank of Baroda. Beyond borders, SBI has the highest number of international branches, a testament to its formidable global presence unmatched by any other domestic bank. In FY 2021-2022, its net profit stood at Rs 31,676 crore.

Pioneering digital transformation, SBI leads as the market champion in mobile banking services, with over 1.9 crore mobile banking users and 2.4 crore internet banking users. The bank's express banking service revolutionises account opening, ensuring a seamless process within 15 minutes.

SBI's impact extends to rural India, where it earned its stripes as the first bank to provide loans to farmers, igniting the Green Revolution. Its visionary foray into education and scholar loans further fueled an academic revolution. SBI's commitment to financial inclusion is evident in adopting 1,00,000 unbanked villages and issuing over 6 million credit cards to farmers.

The historical journey of SBI, tracing back to the establishment of Bank of Calcutta in 1806, culminates in its present-day prowess. The bank's strategic milestones, from the amalgamation of Presidency Banks in 1921 to its digital evolution with the launch of Internet Banking in 2001 and sbiINTOUCH digital branches in 2014, underscore SBI's unwavering commitment to innovation and leadership in the ever-evolving banking landscape.

 

12. Hindustan Urvarak & Rasayan Limited (HURL) - Bringing Smiles on Farmers’ Faces

HURL, a joint venture formed by Coal India Limited (CIL), NTPC Limited (NTPC), and Indian Oil Corporation Limited (IOCL), emerged as a strategic collaboration to revive the Gorakhpur, Sindri, and Barauni fertilizer units. Incorporated in 2016, with 89% equity shared equally among the lead promoters (CIL, NTPC, and IOCL), and the remaining 11% held by Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL), HURL received formal approval from the Cabinet Committee on Economic Affairs for the revival project.

The HURL aims to establish and operate environment friendly and energy-efficient natural gas-based fertilizer complexes at each location, promoting economic growth in eastern India. The commissioned Gorakhpur plant in December 2021 and operational Barauni and Sindri plants since October and November 2022, respectively, mark significant milestones. HURL's success lies in its adherence to the government's vision, creating state-of-the-art facilities that contribute to the region's economic development through sustainable and efficient fertilizer production.

 

13. RailTel Corporation (RailTel) - Connecting India, Empowering Growth

RailTel, stands out as a leading Information and Communications Technology (ICT) provider and is acknowledged as one of India's largest neutral telecom infrastructure providers. With an extensive Pan-India optic fiber network, RailTel reaches key towns, cities and numerous rural areas across the nation. In the fiscal 2021-2022, RailTel recorded a profit of Rs 1,628 crore, registering a growth of 15 per cent over consolidated income of Rs 1,411 crore in FY 2000-2021.

Established on September 26, 2000, RailTel aims to modernise train control, operation and safety by enhancing the existing telecom system. Generating additional revenues, it creates a nationwide broadband and multimedia network, laying optical fiber cables along railway tracks. The extensive optic fiber network spans over 61,000 plus route kilometres, covering more than 6,108 railway stations and offering citywide access across over 21,000 km in India. RailTel holds certifications for various operations, including Tier-III, ISO 27001:2013, ISO 20000:2018, ISO 9001:2015, ISO 27017:2015, ISO 27018:2019, ISO 27033, and CMMI Maturity Level-4. With a strategic relationship with Indian Railways, RailTel executes critical connectivity projects, passenger services and contributes to national initiatives.

 

14. Solar Energy Corporation of India Ltd (SECI) - Illuminating Tomorrow with Sustainable Energy Solutions

SECI, operating under the Ministry of New and Renewable Energy (MNRE), plays a vital role in advancing solar energy initiatives. In the financial year 2021-22, SECI reported a revenue of Rs 7284.85 crore and an operating profit of Rs 294.39 crore. With a net worth of Rs 1064.46 crore, SECI has been profitable since 2014-15 and is a debt-free company.

Looking forward, SECI has ambitious plans to install 50 GW of renewable energy annually, contributing to the national target of reaching 500 GW by 2030. The organisation envisions an even broader goal of approximately 2,000 GW by 2047, aligning with Prime Minister Narendra Modi's Amrit of the Panchamrit initiative. SECI is actively engaged in new business initiatives, including the PLI scheme, Green Hydrogen & Green Ammonia, Electric Vehicle Charging, Waste-to-Energy, and Energy Storage.

As a pioneering agency dedicated to promoting solar energy, the SECI serves as a nodal agency for various MNRE schemes, facilitating the execution of the National Solar Mission and achieving stipulated targets. With its solid financial performance and futuristic plans, SECI remains at the forefront of driving India's renewable energy sector.

 

15. Hindustan Aeronautics Limited (HAL) - Flying the Extra Mile

HAL, established in 1963, is a key player in India's aeronautical growth for over five decades. Initially founded as Hindustan Aircraft Limited in 1940, it merged with Aeronautics India Limited in 1964 to form HAL. Over the years, HAL has been instrumental in indigenous aircraft design, development, and manufacturing.

Currently organised into five complexes across India, HAL operates 20 production divisions and 10 Research and Design centres. It holds Navratna status, providing operational autonomy. HAL's major focus is on supplying the Indian Defence Services, producing a range of aircraft, helicopters and aero engines. Prominent ongoing projects include Light Combat Aircraft (LCA) Tejas, Dornier Do228, Dhruv Advanced Light Helicopter, and Light Utility Helicopter (LUH).

HAL's manufacturing capabilities encompass Su-30 MKI, LCA, and DO-228 aircraft, along with helicopters like ALH-Dhruv, Chetak, Cheetal and Light Combat Helicopter. The company excels in maintenance and overhaul services for various aircraft and helicopters, ensuring the longevity of the Indian Defence fleet. Additionally, HAL is strategically focusing on exports and has successfully supplied helicopters and aircraft to international customers.

HAL's enduring legacy is marked by its vital contributions to India's aerospace sector, emphasising indigenous design and strengthening its manufacturing capabilities to meet the evolving needs of the Indian Defence Services.

 

16. Housing and Urban Development Corporation Ltd (HUDCO) - Building Futures, Empowering Lives

With a humble beginning in 1970, HUDCO, started with an initial equity of Rs 2 crore. Over the years, the government has increased its equity in the company. With the motto ‘Profitability with Social Justice,’ HUDCO plays a significant role in the implementation of Government of India flagship programmes - for promoting ‘Pradhan Mantri Awas Yojana (Urban)’.

HUDCO has sanctioned a total of 17,326 housing and urban infrastructure projects since its inception. In the financial year 2021-22, the company saw a growth of 8.74% in Profit after Tax (PAT), amounting to Rs 1716.60 crore.

As a resource institution for the Pradhan Mantri Awas Yojana (PMAY) (Urban), HUDCO scrutinised 66 projects in FY 2021-2022. These projects included Affordable Housing in Partnership (AHP), Beneficiary Led Construction (BLC), and In-situ Slum Redevelopment (ISSR) in various locations across 16 States/UTs.

During the same period, HUDCO allocated Rs 29.47 crore for Corporate Social Responsibility (CSR) activities. Out of this, Rs 25 crore was contributed to the PM-CARES Fund. HUDCO continues to play a vital role in inclusive urban development and affordable housing initiatives in India.

 

17. RITES - Engineering Tomorrow's Connectivity, Today's Solutions

RITES Ltd. is a leading engineering and consulting major dedicated to the growth of India. With a robust and diversified business model, RITES specialises in providing integrated solutions and end-to-end services for transport infrastructure projects within India and abroad. As an interdisciplinary consulting firm, RITES has served over 55 countries across Asia, Africa, Latin America, South America and the Middle East. RITES achieved a consolidated revenue of Rs 2745 crore in fiscal 2021-2022 against Rs 2005 crore in FY 2020-21, up by 36.9%.

‘Changing Lives’, its CSR intervention, covers health, women empowerment and skill development with focus on aspirational districts across the country.

In the fiscal year 2022-2023, RITES achieved its highest-ever consultancy revenue, including those from international consultancy under the strategic initiative 'RITES Videsh’. Despite challenges in exports revenue, the company demonstrated increased profits compared to the previous year.

With a commitment to being 'Future Ready’, RITES leverages its nearly five decades of experience to navigate infrastructure growth opportunities. The company's three-pronged approach of Innovation, Execution and Transformation positions RITES at the forefront of last-mile connectivity and transportation infrastructure development, aligning with the motto of Prime Minister Narendra Modi’s Atmanirbhar Bharat.

 

18. Hindustan Petroleum Corporation Limited (HPCL) - Energising Progress, Powering Sustainability, Delivering Happiness

HPCL is a leading player in the energy sector, dedicated to transforming India's energy landscape and delivering happiness through innovative solutions.

In the fiscal 2021-22, HPCL achieved a remarkable milestone with gross sales reaching Rs 3,72,642 crore, showcasing an impressive growth of 38.4% over the previous year. An achievement during this period was the enhancement of crude processing capacity at the Mumbai Refinery from 7.5 MMTPA to 9.5 MMTPA, accomplished through the successful completion of the Mumbai Refinery Expansion Project (MREP) and the revamp of primary and secondary units.

Demonstrating a commitment to sustainability, HPCL actively participates in the Ethanol Blending program, contributing to the reduction of carbon intensity in the transportation sector. The company recorded Ethanol Blending Percentage (EBP) of 9.03%, blending 95.07 crore litres of Ethanol in motor spirit during 2021-22.

HPCL's dedication to research and innovation is evident through its focus on various areas in the energy sector. The company received 33 patents during the year, bringing the cumulative patents granted to it to 123 as on March 31, 2022. Acknowledged for its pioneering technologies, HPCL has been honoured with prestigious awards, including the ‘Renewable Energy India Award’ for HP-RAMP Technology and the ‘Best Indigenous Developed Technology Award’ for Indigenous PSA PLC Technology.

 

19. Indian Renewable Energy Development Agency Limited (IREDA) - Lighting the Path to Sustainable Energy - Energy for Ever

IREDA, operating under the Ministry of New and Renewable Energy (MNRE), is a key non-banking financial institution with a focus on promoting, developing and providing financial assistance for projects related to new and renewable sources of energy, as well as energy efficiency and conservation. Guided by the motto ‘Energy Forever’, IREDA stands as a driving force in India's sustainable energy sector.

In the fiscal 2021-22, IREDA reported an all-time high annual profit of Rs 633.53 crore. The net-worth of the company as of March 31, 2022 reached Rs 5,268.11 crore, reflecting a remarkable increase of 75.89%, including an equity infusion of Rs 1,500 crore by the Government of India.

Aligning with the Department of Public Enterprises' theme of ‘Health & Nutrition’ for CPSEs, IREDA has directed its Corporate Social Responsibility (CSR) efforts towards 10 projects dedicated to this theme, contributing significantly to community well-being. The institution's commitment to a sustainable future is further evidenced by its financial support to institutions for projects related to new and renewable sources of energy.

IREDA is emerging as an important player in advancing India's renewable energy landscape.

 

20. National Mineral Development Corporation (NMDC) - Forging Excellence, Mining Prosperity, Sustaining Growth

NMDC, a Navratna under the Ministry of Steel in India, is the nation's largest producer of iron ore. Headquartered in Hyderabad, Telangana, NMDC strategically operates mechanised iron ore mines in Chhattisgarh and Karnataka, particularly in the Bailadila Sector and Donimalai region. The company's commitment to mechanisation has positioned it as one of the world's low-cost producers of iron ore. Beyond iron ore, NMDC showcases its versatility as it operates the sole mechanised diamond mine in India, situated in Panna, Madhya Pradesh.

Currently contributing over 40 MTPA of iron ore production from its major units, NMDC has ambitious expansion plans. By the fiscal year 2025, the company aims to boost its iron ore production capacity to 67 MTPA, with a grander vision of reaching 100 MNT by fiscal 2030. NMDC's macro objectives include not only meeting the growing demands in domestic and international markets but also achieving international standards in per capita productivity, value addition, and cost-effectiveness. As part of its strategic initiatives, NMDC is actively involved in setting up a steel plant at Nagarnar, showcasing a commitment to vertical integration within the steel production value chain.

 

21. Satluj Jal Vidyut Nigam (SJVN) - Empowering Futures, Sustaining Energy

SJVN Limited, originating with a singular project, the renowned 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh, has evolved into a prominent player in the power sector. Over the years, the company has successfully commissioned eleven projects, boasting a combined installed capacity of 2227 MW. Operating across multiple states in India, including Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gujarat, Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram, and Madhya Pradesh, SJVN has also extended its presence into the neighbouring country of Nepal.

Setting ambitious goals, SJVN aspires to become a 50,000 MW company by the year 2040. The company's relentless pursuit of this vision is evident through its ongoing projects and operational endeavours. SJVN is actively engaged in diverse power projects, reflecting its commitment to sustainable energy generation and transmission.

With an extensive geographical footprint and a portfolio that spans various regions and energy sources, SJVN stands as a key contributor to India's energy landscape.

 

22. National Buildings Construction Corporation (NBCC) - Building the Future, Sustaining the Present

NBCC (India) Limited has solidified its leadership in the construction sector, earning distinction through capabilities, innovation, stringent quality standards, timely deliveries and a dedicated workforce. Since 1977, NBCC has ventured into overseas operations, executing projects in countries like Libya, Iraq, Yemen, Nepal, Maldives, Mauritius, Turkey and Botswana.

Specialising in institutional, housing, industrial, environmental, transportation and power sectors, NBCC has delivered landmark projects, particularly in environmental initiatives such as Sewage Treatment Plants, Sewerage Networks, Water Treatment Plants and Solid Waste Management.

The company has earned accolades, consistently receiving an ‘Excellent’ rating from the Government of India since 2004. Embracing sustainability, NBCC has implemented eco-friendly features in projects like the Indian Institute of Corporate Affairs and Coal India Office Building. Notably, NBCC has become a pioneer in green construction, completing the first green building, the Indian Institute of Corporate Affairs, in 2012. Committed to sustainability, the company ensures all future projects incorporate sustainable green features, striving to make all government buildings GRIHA compliant. GRIHA is a rating tool that helps people assesses the performance of their building against certain nationally acceptable benchmarks.

NBCC's dedication to innovation and sustainability continues to provide value for money to its customers.

 

23. National Fertilizers Limited (NFL) - Making Ground Fertile for Annadatas

NFL is dedicated to serving farmers and customers by supplying fertilizers. The company operates five gas-based Ammonia-Urea plants in Punjab and Madhya Pradesh. NFL has achieved a significant milestone by switching its fuel oil feedstock plants in Nangal, Panipat, and Bathinda to Natural Gas (NG), a cleaner and more energy-efficient fuel. This transition has made 100% of the company's Urea production based on gas feedstock, reducing specific energy consumption by over 20%.

NFL is committed to environmental responsibility and social upliftment. The company actively engages in Corporate Social Responsibility (CSR) initiatives, focusing on health, education, skill development, environment, and empowering underprivileged sections of society. The adoption of Natural Gas reflects NFL's commitment to a sustainable and eco-friendly approach. The company's efforts in Environment Management, Energy Conservation, and Social Upliftment showcase its dedication to sustainable development, contributing to a cleaner and greener future.

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