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Navratna

Navratna was the title given originally to nine Public Sector Enterprises (PSEs) identified by the Government of India in 1997 as "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants". The number of PSEs having Navratna status has been raised to 16, the most recent addition being Oil India Limited. PSU companies are divided into three categories:

Maharatna Navratna Miniratna CPSEs o Category I o Category II

Historical symbolism Originally, the term Navaratna meant a talisman or ornament composed of nine precious gems. Later, this symbol was adopted in the courts of Emperor Vikramaditya and the Mughal emperor Akbar, where the Navaratnas were a group of nine extraordinary men in their respective courts. Navratna status Navratna was the title given originally to nine Public Sector Enterprises (PSEs), identified by the Government of India in 1997 as having comparative advantages, which allowed them greater autonomy to compete in the global market. The number of PSEs having Navratna status has been raised to 16, the most recent addition being Oil India Limited.

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LIST OF NAVRATNA CPSES 1. Bharat Electronics Limited 2. Bharat Heavy Electricals Limited 3. Bharat Petroleum Corporation Limited 4. GAIL (India) Limited 5. Hindustan Aeronautics Limited 6. Hindustan Petroleum Corporation Limited 7. Mahanagar Telephone Nigam Limited 8. National Aluminum Company Limited 9. National Mineral Development Corporation Limited 10. Neyveli Lignite Corporation Limited 11. Oil India Limited 12. Power Finance Corporation Limited 13. Power Grid Corporation of India Limited 14. Rashtriya Ispat Nigam Limited (Vizag Steel) 15. Rural Electrification Corporation Limited
16. Shipping Corporation of India Limited

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1. Bharat Electronics Limited

Founded Headquarters Number of locations Key people Revenue

Bangalore, India (1954) Bangalore, India 9 factories Mr. Ashwani Kumar Datt (Chairman) 5,404.7 crore (US$1.21 billion) (2011)) 737.3 crore (US$164.42 million) (2011)) 11,961 (March 2009) www.bel-india.com

Net income Employees Website

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Bharat Electronics Limited (BEL) (BSE: 500049, NSE: BEL) is a state-owned electronics company with about nine factories, and few regional offices in India. It is owned by the Indian Government & primarily manufactures advanced electronic products for the Indian Armed Forces. BEL is one of the eight PSUs under Ministry of Defence, Government of India. It has even earned the government's Navratna status. As of April 1, 2008, BEL's order book is estimated to be around 9,450 crore (US$2.11 billion). Products

BEL designs, develops and manufactures products in the fields of: Electronic Voting Machines Radars o BEL Weapon Locating Radar o BEL Battle Field Surveillance Radar o Indian Doppler radar o Samyukta Electronic Warfare System o Central Acquisition Radar (3D-CAR) Telecommunications Sound and Vision Broadcasting Opto-electronics Information Technology Semiconductors Missile o Akash missile Sonars Composite Communication System (CCS) Fire-control system Radar Electronic Warfare Systems o Samyukta Electronic Warfare System Simulators Tank electronics o Combined day sight for Arjun MBT Defence Communications o Data Link II communications system for the Indian Navys P-8I

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Locations

Solar systems Naval systems

Units of Bharat Electronics Limited are in the following cities of India: Bangalore (Corporate Head Office) Panchkula (Chandigarh) Kotdwara Ghaziabad Pune Hyderabad Navi MUMBAI Machilipatnam Chennai In addition to these manufacturing units, BEL has the following regional offices: Delhi Mumbai Vishakhapatnam Kolkata Cochin Liaison Office:

Agra New York City Singapore

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2. Bharat Heavy Electricals Limited


Type

State-owned enterprise Public (BSE: 500103, NSE: BHEL)

Industry Founded Headquarters Area served Key people

Engineering & Manufacturing 1953 New Delhi, India India and presence in 70 countries B. Prasad Rao (Chairman & MD) Power generation, Industries, Transportation, Renewable energy, Oil and gas, Transmission 43,451 crore (US$9.69 billion) (2010) $961 million (2010) $10.816 billion (2010) 46,274 (2010) www.bhel.com

Products

Revenue Net income Total assets Employees Website

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Bharat Heavy Electricals Limited (BHEL) (BSE: 500103, NSE: BHEL) is one of the oldest and largest state-owned engineering and manufacturing enterprise in India in the energy-related and infrastructure sector which includes Power, Railways, Transmission and Distribution, Oil and Gas sectors and many more. It is the 12th largest power equipment manufacturer in the world. BHEL was established more than 50 years ago, ushering in the indigenous Heavy Electrical Equipment industry in India. The company has been earning profits continuously since 1971-72 and paying dividends since 1976-77. 4% of the total power generated in India is produced by equipment manufactured by BHEL. It is one of India's nine largest Public Sector Undertakings or PSUs, known as the Navratnas or 'the nine jewels'. Locations Bhopal (Madhya Pradesh) Bharat Heavy Electrical Limited, Ranipur, Haridwar (Uttarakhand) Bharat Heavy Electricals Limited, Ramachandrapuram, Hyderabad (Andhra Pradesh) Jhansi (Uttar Pradesh) High Pressure Boiler Plant and Seamless Steel Tube Plant, Tiruchirapalli(TamilNadu) Boiler Auxiliaries Plant, Ranipet (Tamil Nadu) Electronics Division and Electro Porcelain Division, Bangalore (Karnataka) Jagdishpur (Uttar Pradesh) Rudrapur (Uttrakhand) Industrial Valves Plant, Goindwal (Punjab) Bharat Heavy Plates and Vessels Limited (Vizag) Besides these manufacturing units there are four power sectors which undertake EPC contract from various customers. The Research and Development arm of BHEL is situated in Hyderabad and two repair shops are at HERP (Heavy Equipment Repair Plant), Varanasi and EMRP (Electric machines repair plant) Mumbai. Products Boiler (steam generator) Gas Generator Hydro Generator Steam turbine Gas turbine Hydro turbine Transportation Equipments Traction Machines Transformer
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Switchgear Oil field equipments OFE Boiler drum Water wall panel Wind mill Valves Electro-static Precipitators R & D products

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3. Bharat Petroleum

Type

State-owned enterprise Public BSE: 500547 NSE: BPCL Oil and gas industry 1976 Mumbai, Maharashtra, India R. K. Singh (Chairman & MD) Petrol Diesel fuel Petrochemicals Lubricant 153,300.03 crore (US$34.19 billion) (2011) 4,068.05 crore (US$907.18 million) (2011) 1,546.68 crore (US$344.91 million) (2011) $10.365 billion (2009) $2.724 billion (2009) 13,974 (2009) www.bharatpetroleum.com

Traded as Industry Founded Headquarters Key people

Products

Revenue Operating income Net income Total assets Total equity Employees Website

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Bharat Petroleum Corporation Limited (BPCL) (BSE: 500547, NSE: BPCL) is a state-controlled oil refining and marketing company headquartered at Mumbai, India. In 2011, Fortune Global 500 ranked the company of 272.

History
In 1860s during vast industrial development, an important player in the South Asian market was the Burmah Oil Company Ltd. Though incorporated in Scotland in 1886, the company grew out of the enterprises of the Rangoon Oil Company, which had been formed in 1871 to refine crude oil produced from primitive hand dug wells in Upper Burma. In 1928, Asiatic Petroleum Company (India) started cooperation with Burmah Oil Company. This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. Burmah Shell began its operations with import and marketing of Kerosene. On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude Bombay High.

Operations
Bharat Petroleum owns refineries at Mumbai and Kochi (Kochi Refineries) with a capacity of 12and 9.5 million metric tonnes per year respectively. Its subsidiary at Numaligarh has a capacity of 3 million metric tonnes per year. On 25 May 2011, the Bina Refinery in Madhya Pradesh with a capacity of 6 million metric tonnes per year was commissioned. Mahendra Singh Dhoni, captain of 2011 Cricket World Cup winning team, and Narain Karthikeyan, Formula One driver for Hispania Racing team, are brand ambassadors for Bharat Petroleum.

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4. GAIL (India) Limited


Type State-owned enterprise Public (BSE: 532155, NSE: GAIL, Oil and Gas 1984 New Delhi, India B. C. Tripathi (Chairman & MD) Natural gas Petrochemical Fuel $5.702 billion (2010) $739 million (2010) 3,703 (2010) Gailonline.com

Industry Founded Headquarters Key people Products

Lubricant Revenue Net income Employees Website

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GAIL (India) Limited (BSE: 532155, NSE: GAIL, LSE: GAID) is a state-owned natural gas processing and distribution company headquartered in New Delhi, India. It has six segments: Transmission services of natural gas and liquefied petroleum gas (LPG), Natural gas trading, petrochemicals, LPG and Liquid hydrocarbons, GAILTEL and Others. GAIL Business Started as a natural gas pipeline company in 1984, GAIL has successfully evolved into a major integrated gas company with presence across the natural gas value chain and with global footprints. GAIL's success lies primarily in its project management skills that is evident from the number of pipeline and petrochemical projects been taken up and completed efficiently. GAIL (India) Limited has shown organic growth in gas transmission through the years by building large network of trunk pipelines covering length of around 11,000 km. GAIL diversified from gas marketing and transmission into Polymer business by setting up North India's first gas based Petrochemicals complex at Pata, UP. Currently petrochemical business is one of the core focus area of GAIL. GAIL recently set up a JV, Brahmaputra Cracker and Polymer Limited, to construct a Greenfield petrochemical plant in Assam. As per the strategy of expanding global footprint, GAIL formed a wholly owned subsidiary company GAIL Global (Singapore) Pte Ltd in Singapore 2004 to route its overseas investment. It successfully secures participation in 2 retail gas companies in Egypt, Fayum Gas Company and Shell CNG in 2003 and acquired 15% equity stake in NatGas, Egypt. GAIL always promotes the green and clean energy concept and use of natural gas as energy source. In this direction, GAIL set up several JV and subsidiaries for CGD. First such JV, Mahanagar Gas Limited formed with British Gas incorporated to implement Mumbai City Gas Distribution project followed by Indraprastha Gas Limited (IGL) to supply of gas to household sector, transport sector & commercial consumers in Delhi. GAILTEL GAILTEL is the telecom arm of GAIL India Limited, which mainly caters to GAIL's internal Telecom requirements apart from commercially offering the Telecom services to private players. GAILTEL operates and maintains around 13,000 route kilometres of OFC Network spread across India. Telecom business is a synergy well exposed by GAIL. For its internal communications and SCADA requirements GAIL needs to lay OFC network, so using the same infrastructure GAIL has added one more revenue stream to its business. GAIL GAS LTD GAIL GAS is a wholly owned subsidiary of GAIL(I)Ltd. was incorporated on 27.05.2008. Distribution and Marketing, in India and abroad, of CNG & Auto LPG as fuel for vehicles. PNG for domestic/ commercial/ industrial purposes. Laying of OFC/ Duct to leverage for potential business.

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5. Hindustan Aeronautics Limited


Type Industry Founded State-owned enterprise Aerospace and defence 1940 (in 1964, company took on current name) Bangalore, Karnataka, India Ashok Nayak (Chairman) PV Deshmukh MD (MiG) SK Jha MD (A) P Soundararajan (DirectorCorporate planning and Marketing) VM Chamola Director (HR) Aerospace equipment Military aircraft Communication & Navigation equipment Space systems 13,061 crore (US$2.91 billion) (201011) 2,718 crore (US$606.11 million) (2009-10) 33,990 (2010) www.hal-india.com

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Hindustan Aeronautics Limited (HAL) based in Bangalore, India, is one of Asia's largest aerospace companies. Under the management of the Indian Ministry of Defence, this state-owned company is mainly involved in aerospace industry, which includes manufacturing and assembling aircraft, navigation and related communication equipment, as well as operating airports. HAL built the first military aircraft in South Asia and is currently involved in the design, fabrication and assembly of aircraft, jet engines, and helicopters, as well as their components and spares. It has several facilities throughout India including Nasik, Korwa, Kanpur, Koraput, Lucknow, Bangalore and Hyderabad. The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the first fighter aircraft made in India. Hindustan Aeronautics has a long history of collaboration with several other international and domestic aerospace agencies such as Airbus, Boeing, Sukhoi Aviation Corporation, Israel Aircraft Industries, RSK MiG, BAE Systems, Rolls-Royce plc, Dassault Aviation, Dornier Flugzeugwerke, the Indian Aeronautical Development Agency and the Indian Space Research Organisation.

Operations
HAL is one of the largest aerospace companies in Asia with its annual turnover to be running above US$2 billion. More than 40% of HAL's revenues come from international deals to manufacture aircraft engines, spare parts, and other aircraft materials. Below is a partial list of major operations being undertaken by HAL: International deals The US$10 billion fifth-generation fighter jet program with the Sukhoi Corporation of Russia. US$1 billion contract to manufacture aircraft parts for Boeing. Multi-role transport aircraft project with Ilyushin of Russia worth US$600 million. 120 RD-33MK turbofan engines to be manufactured for MiG-29K by HAL for US$250 million. Contract to manufacture 1,000 TPE331 aircraft engines for Honeywell worth US$200,000 each (estimates put total value of deal at US$200 million). US$120 million deal to manufacture Dornier 228 for RUAG of Switzerland. Manufacture of aircraft parts for Airbus SAS worth US$150 million. In-house developed products

Fighter aircraft Helicopters Engines Light trainer aircraft


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6. Hindustan Petroleum Corporation Limited

Type

State-owned enterprise Public (BSE: 500104, NSE: HINDPETRO) Oil 1974 Mumbai, Maharashtra, India S Roy Choudhury (Chairman & MD) Fuels Oils LPG 139,315.86 crore (US$31.07 billion) (2011) 3,753.09 crore (US$836.94 million) million (201) 1,539.01 crore (US$343.2 million)(2011) US$ 12.764 billion (2010) US$ 2.727 billion (2010) 11,246 (2009) www.hindustanpetroleum.com

Industry Founded Headquarters Key people

Products

Revenue Operating income Net income Total assets Total equity Employees Website

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Hindustan Petroleum Corporation Limited (HPCL) (BSE: 500104, NSE: HINDPETRO), is an Indian state-owned oil company headquartered at Mumbai, India and is a Fortune 500 company of India listed at number 336. HPCL operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) of 6.5 Million Metric Tonnes Per Annum (MMTPA) capacity and the other in Visakhapatnam, (East Coast) with a capacity of 8.3 MMTPA. HPCL holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Limited (MRPL), a state-of-the-art refinery at Mangalore with a capacity of 9 MMTPA. Another Refinery of 9 MMTPA is under construction in Bathinda, Punjab by HMEL, a Joint Venture with Mittal Energy Investments Pte.Ltd. HPCL also owns and operates the largest Lube Refinery in India producing Lube Base Oils of international standards. This Lube Refinery accounts for over 40% of the India's total Lube Base Oil production. Presently HPCL produces over 300+ grades of Lubes, Specialities and Greases. The marketing network of HPCL consists of 13 Zone offices in major cities and 101 Regional offices facilitated by a Supply & Distribution infrastructure comprising Terminals, Aviation Service Facilities, LPG Bottling Plants, Lube filling plants, Inland Relay Depots, Retail Outlets (Petrol Pumps) and LPG & Lube Distributorships. HPCL has state of art information technology infrastructure to support its core business. The data centre is located at Hi-tech city in Hyderabad. Products Petrol Known as Motor Spirit (MS) in Oil Industry. HPCL markets the product through its retail pumps spread all over India. Its principle consumers are regular personal vehicle owners. Diesel Known as High Speed Diesel (HSD) in Oil Industry. HPCL markets the products through its retail pumps as well as terminals and depots. Its consumers are not only regular auto owners but also transport agencies, industries etc. Lubricants HPCL is the market leader in lubricant and associated products. It commands over 30% of market share in this sector. The popular brands of HP lubes are Laal Ghoda, Milcy, Thanda Raja, Koolgard etc. LPG A popular brand in mainly urban areas.

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Aviation Turbine Fuel With major ASF (Air Service Facility) present in all major airports of India, HPCL is a key player in this sector supplying ATF to major airlines. It has an accomplishment of sorts to supply fuel to US Air Force 1. Bitumen Furnace Oil Refineries HPCL has a number of refineries in India. Some are listed below: 1. Mumbai Refinery - 5.5 Million Metric Tonnes (MMT) Capacity 2. Visakhapatnam Refinery - 7.5 MMT at Visakhapatnam 3. Mangalore Refinery Pvt. Ltd. - 9.69 MMT at Mangalore, Karnataka (HPCL has 16.65 % Stake). 4. Guru Gobind Singh Refinery Project - 9 MMT at Bhatinda, Punjab (HPCL & Mittal Energy each have 49% stake).

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7. Mahanagar Telephone Nigam Limited


Type A publicly-listed stateowned enterprise NSE: MTNL BSE: 500108 NYSE: MTE NASDAQ: MTE Telecommunications 1986 New Delhi, India Kuldip Singh (Chairman & MD) Wireless Telephone Internet Television $788.7 million (2010) $-567.5 million (2010) $6.988 billion (2010) $1.351 billion (2010) 45,000 (2010) MTNL.net.in

Traded as

Industry Founded Headquarters Key people

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Revenue Net income Total assets Total equity Employees Website

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Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider in the metro cities of Mumbai and New Delhi in India. The company was a monopoly until 1992, when the telecom sector was opened to other service providers. Transparency makes us different- is the motto of the company. In recent years, MTNL has been losing revenue and market share heavily due immense competition in Indian telecom sector. 'Maha' = big or great, 'Nagar' = city or town, 'Mahanagar' = metropolis or megacity, 'Nigam' = venture or enterprise.

Products
MTNL provides fixed line telephones, cellular connection of both GSM Dolphin(Post-paid) and Trump (prepaid) and WLL (CDMA) Garuda-FW And GarudaMobile and internet services through dialup and DSL Broadband internet TriBand. MTNL has also started Games on demand, video on demand and IPTV services in India through its Broadband Internet service called Triband. MTNL also provides other services such as VPN, Internet Telephony- VOIP and leased lines through BSNL and VSNL. MTNL has been actively providing connections in both Mumbai and New Delhi areas and the efficiency of the company has drastically improved from the days when one had to wait years to get a phone connection to now when one can get a connection in even hours. Pre-activated Mobile connections are available at many places across both Metros. MTNL has also unveiled very cost-effective Broadband Internet access plans (TriBand) targeted at homes and small businesses. At present MTNL enjoys the largest of the market share of ISP services in Mumbai and Delhi. Former Indian Communications Minister Thiru Dayanidhi Maran had declared year 2007 as "Year of Broadband" in India and MTNL is gearing up to provide five million Broadband connectivity by the end of 2007. MTNL has upgraded existing TriBand (Broadband) connections for a speed of up to 2 MB/s without any extra cost. This 2 MB/s broadband service is being provided by MTNL at a cost of just Rs 49 (US$1.00) per month. Every additional 1MB download after the 200 limit will cost you Rs 1 (0.5 cents) extra. MTNL also has an Unlimited Broadband plan without any Fair Usage Policy or limitations regarding download and uploads just at Rs.395 (US$8.00) per month.

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8. National Aluminium Company Limited

Traded as Website

NSE: NATIONALUM BSE: 532234 nalcoindia.com

National Aluminium Company Limited, abbreviated as 'NALCO', (incorporated 1981) has units all over India at places like Angul and Damanjodi. It was incorporated as a public sector enterprise of the Ministry of Mines, Government of India in 1981. Today, it is Asia's largest, and one of the world's leading and the sixth largest, integrated aluminium complex, encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations. It boasts of some of the world's latest and finest technology in the Aluminium manufacturing industry. Commissioned during 1985-87, Nalco has emerged to be a star performer in production and export of alumina and aluminium, and more significantly, in propelling a self-sustained growth. It has made the country more than self sufficient in alumina and aluminium needs and has quite impressive export figures as well. Being the largest exporter of the metal in the country, it has its own section of port facilities at Visakhapatnam. All the units of NALCO employ the latest in technology and are some of the most advanced manufacturing units in the world. The main units of NALCO are at Damanjodi (Mines & Refinery complex) and Nalconagar-Angul (Smelter & Power Plant Complex). The Bauxite mines called Panchpatmalli Mines are situated atop a set of five mountains called Panchpatmalli. These mines are open cast mines. The refinery complex for producing bauxite is located in Damanjodi. The smelter unit of NALCO is located in Nalconagar, Angul. The company's headquarters are located in Bhubaneswar, which is the capital of the Indian state of Orissa. NALCO is considered to be one of the best profits making PSU in India and reaps impressively huge benefits every year. It is expanding by currently employing new projects. The ongoing second phase of expansion is set to make it the sixth largest producer of the metal in the world. The recent disinvestment issues, for the alumina giant, finally settled down after the central government decided not to disinvest profit making PSUs which meant that Nalco would not be privatized and continue to be a complete Govt of India Enterprise PSU.

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The company has numerous awards to its credit, some of them being the most prestigious awards and recognitions. The Company received Indira Priyadarshini Vrikshamitra Award from Govt. of India for its contribution in the field of afforestation and wasteland development. The 1200 MW Captive Thermal Power Plant of the Company also received the prestigious Indira Gandhi Paryavaran Puraskar for the year 2000 from Govt. of India for its outstanding contributions in the field of environment management. Besides these, the Company and its Units have received various National, State and Institutional awards for excellence in Safety & Environment Management. Nalco received ISO 9001:2000 awards and OHSAS 140001 for its excellence in production technology & occupational health & safety systems respectively.

Products
NALCO produces various products such as Aluminium Metal: Ingots, Sows, Billets, Wire rods, Alloy wire rods, Cast strips Alumina & Hydrate: Calcined Alumina, Alumina Hydrate, Zeolite-A and Special Products such as Specialty Hydrate/Alumina, (Alumina Chemicals). NALCO also produces aluminium Rolled Products.

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9.National Mineral Development Corporation Limited


State-owned enterprise Public (BSE: 526371, NSE: NMDC) 1958 5,652 (2009) www.nmdc.co.in

Type

Founded Employees Website

The NMDC limited (BSE: 526371, NSE: NMDC) is a state-controlled of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel. It is involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite etc. It is India's largest iron ore producer and exporter producing about 30 million tons of iron ore from 3 fully mechanised mines in Chhattisgarh and Karnataka. It also operates the only mechanised diamond mine in the country at panna in Madhya Pradesh

Operating mines
Bailadila Iron Ore Mine, Kirandul Complex Bailadila Iron Ore Mine, Bacheli Complex Donimalai Panna

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10. Neyvelgniti Lion Limitede Corporati


Type Traded as Founded Headquarters Key people Products Government-owned BSE: 513683 NSE: NEYVELILIG 1956 Chennai, India Shri. A.R. Ansari (Chairman & MD) Lignite, Electricity 4,689 crore (US$1.05 billion)(2009-2010) 1,247 crore (US$278.08 million)(2009-2010) 18,434 (2011) nlcindia.com

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Neyveli Lignite Corporation Limited (NLC) is a government-owned lignite mining and power generating company in India. NLC operates the largest open-pit lignite mines in India, presently mining 24 MT of lignite and has an installed capacity of 2490 MW of electricity per year. It also supplies a large quantity of sweet water to Chennai from the artesian aquifers in the lignite mines. On 11-Apr-2011, it joined the elite group of Navratna Companies. In 1956 NLC was formed as a corporate body. NLC is listed on BSE: 513683 as well as NSE: NEYVELI LIG. The Union Government holds 93% shares of NLC and is administered through Ministry of Coal. NLC earned turnover of Rs 4689 crore with a net profit of Rs 1247 crore in the financial year 2009-2010. Mines & Thermal Plants NLC operates mines with linked power plants. Mine Mine I Mine IA Mine II Production (MTPA) 10.5 3.0 10.5 Power Station Thermal Power Station-I Capacity (MW) 600

Thermal Power Station- I Expansion 420 Thermal Power Station-II Barsingsar Thermal Power Station 1470 250

Barsingsar Mine 2.1 Future Plans

1. Thermal Power Station-II Expansion: It has a capacity of 500 MW from two units of 250 MW each linked with Mine-II Expansion. The technology used in this upcoming plant is based on Circulating Fluidized Bed Combustion (CFBC), which is a more environmental friendly technology facilitating low emission levels of toxic air pollutants apart from improved process efficiency. 2. Coal Based Thermal Plant At Tuticorin: It is a coal based Thermal Plant with an installed capacity of 1000 MW, 2 units of 500 MW each. It is a Joint Venture Project NTPL between NLC and the Tamil Nadu Electricity Board (TNEB). It was formally inaugurated on 28th February 2009 by the then Honble Union External Affairs and Finance Minister Shri Pranab Mukherjee. 3. Power Project in Uttar Pradesh: With a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for setting up a coal based power plant with a capacity of 2000 MW at Ghatampur in Kanpur, Uttar Pradesh with an equity participation of 51% by NLC and 49 by UPRVUNL. The MoU has been signed in December 2010.

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4. Wind Power Project in Tamil Nadu: As part of the diversification programme to sustain and improve the growth rate, NLC is in the process of setting up a 50MW capacity wind based power project in Tirunelveli District of Tamil Nadu. Tendering and evaluation of bids is in process for this green power project.

5.Thermal Power Plant in Neyveli: Due to ageing of TPS-I plant, it has been proposed to set up a power plant at Neyveli with a capacity of 2 x 500 MW. Preliminary activities such as preparation of Feasibility Report, Environmental studies, Contour Survey and Soil investigation study are in progress. 6. Bithnok Mining & Thermal Power Project: A Thermal Power Plant of 250 MW capacity with linked mine of 2.25 MTPA is proposed to be set up at Bithnok in Bikaner District, Rajasthan. Notification has been issued by Government of Rajasthan (GoR) for acquisition of private land for the project. Contour Survey and Geological exploration work have been completed. Hydro-Geological Studies and Geo-Technical investigation studies are in progress. 7. Barsingsar Extension Power Project: The mine of 2.5 MTPA of lignite capacity linking both HadIa & Palana Lingite blocks with the 250MW Power plant in Bikaner District of Rajasthan as an extension of the on-going Barsingsar Power Project. Application has been submitted to GOR for acquisition of required land for the project and also for grant of Mining lease. Preparation of Feasibility Report (FR) and EIA/EMP report is under progress. 8. Jayamkondam Mining & Power Project:13.5 MTPA Lignite Mine and 2 x 800 MW Thermal Power Station is proposed in Jayamkondam in the State of Tamil Nadu. Geological exploration, hydro- geological studies, Soil investigation, Contour Survey and Pump test have been completed.

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11. Oil India Limited


Type Industry Founded Headquarters Government of India Enterprise Oil and Gas February 18, 1959 Duliajan, Assam, India Nayan Mani Borah (Chairman & MD) Fuels Lubricants Petrochemicals 8,072.80 crore (US$1.8 billion) (2009-10) 2,619.52 crore (US$584.15 million) (2009-10) Oilindia.nic.in

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Oil India (OIL) is a public sector oil and gas company in India under the administrative control of the Ministry of Petroleum and Natural Gas of the Government of India. OIL is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The story of Oil India Limited (OIL) traces and symbolizes the development and growth of the Indian petroleum industry. From the discovery of crude oil in the far east of India at Digboi, Assam in 1889 to its present status as a fully integrated upstream petroleum company, OIL has come far, crossing many milestones.

The Company presently produces over 3.2 MMTPA (million tons per annum) of crude oil, over 5 MMSCMD of Natural Gas and over 50,000 Tones of LPG annually. Most of this emanates from its traditionally rich oil and gas fields concentrated in the North-eastern part of India and contribute to over 65% of total Oil and Gas produced in the region. The search for newer avenues has seen OIL spreading out its operations in onshore / offshore Orissa and Andaman, deserts of Rajasthan, plains of Uttar Pradesh, riverbeds of Brahmaputra and offshore Saurashtra. In Rajasthan, OIL discovered gas in 1988, heavy oil / bitumen in 1991 and started production of gas in 1996. The company has over 100,000 square kilometres of license areas for oil and gas exploration. It has emerged as a consistently profitable international company with exploration blocks as far as Libya and sub-Saharan Africa. In recent years, OIL has stepped up E & P activities significantly including Gas monetization in the North-East India. OIL has set up the NEF (North East Frontier) project to intensify its exploration activities in the frontier areas in North East, which are logistically very difficult and geologically complex. Presently, seismic surveys are being carried out in Manbhum, Pasighat and other Trust Belt areas. The Company operates a crude oil pipeline in the North East for transportation of crude oil produced by both OIL and ONGCL in the region to feed Numaligarh, Guwahati, Bongaigaon and Barauni refineries and a branch line to feed Digboi refinery.

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12. Power Finance Corporation Limited


Type Traded as Industry Founded Headquarters Area served Public NSE: PFC BSE: 532810 Financial services July 1986 New Delhi, India India Mr Satnam Singh (Chairman & Managing Director) Rupee Term Loan, Foreign Currency Loan, Short Term Loan USD 1.82 bn (Apr'10) USD 684.6 mn (Apr'10) USD 535.3 mn (Apr'10) USD 18.15 bn (Apr'10) USD 2.87 bn (Apr'10) Government of India 330 pfcindia.com

Key people

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Total assets Total equity Owner(s) Employees Website

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Power Finance Corporation Ltd. (NSE: PFC, BSE: 532810) is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company in the year 2007-2008 was 8688 Crore Indian Rupees. Initially wholly owned by the Govt. of India, the company issued an IPO in January, 2007. The issue was oversubscribed by over 76 times, which is the largest for an IPO of any Indian Company in recent times. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has been conferred with many prestigious awards, the latest of which is "KPMG-Infrastructure Today Award 2008" for its contribution in development of power sector. It is also an ISO 9001:2000 certified company and enjoys the status of Navratna Company in India. Organization Structure The Corporation is headed by the Chairman and Managing Director; who at present is Mr Satnam Singh. The company has three wings, each headed by a Functional Director namely, Institutional Development & Administration (IDA) Division, Projects Division and Finance & Financial Operations division. The IDA Division looks after the credit appraisal and categorization of borrower entities, power sector reforms, review and analysis. The Projects Division controls the operation in various states and project appraisal. Finance & Financial Operations Division looks after the Fund Mobilization and Disbursement.

Operations
Since its inception, PFC has been providing financial assistance to power projects across India including generation, transmission, distribution and RM&U projects. Recently, it has forayed into financing of other infrastructure projects which have backward linkages to the power sector like coal mine development, fuel transportation, oil & gas pipelines etc. The borrower profile includes State Electricity Boards, State sector power utilities, Central sector power utilities and Private sector companies. PFC is also the nodal agency for the implementation of the ambitious Ultra Mega Power Plants (UMPPs) and the R-APDRP programme of Govt. of India.

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13. Power Grid Corporation of India Limited

Type

State-owned enterprise Public NSE: POWERGRID BSE: 532898 Telecom Electric generation&transmission 23 October 1992 Gurgaun, India India S. K. Chaturvedi (Chairman & MD) 7,503.58 crore (US$1.67 billion) (2009-10) 2,040.94 crore (US$455.13 million)(2009-10) Powergridindia.com

Traded as

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Founded Headquarters Area served Key people Revenue Net income Website

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Power Grid Corporation of India Limited (POWERGRID), (NSE: POWERGRID, BSE: 532898) is a Navratna state-owned electric utility company headquartered in Gurgaon, India. Power Grid wheels about 51% of the total power generated in India on its transmission network. Power Grid has a pan India presence with around 82,045 Circuit-km of Transmission network and 135 nos. of EHVAC & HVDC sub-stations with a total transformation capacity of 91,945 MVA. The Inter-regional capacity is enhanced to 22400 MW. Power Grid has also diversified into Telecom business and established a telecom network of more than 21,000 km across the country. POWERGRID has enhanced the inter-regional capacity of National Grid to 22,400 MW.India is divided into 5 Regions - Northern Region(NR), Eastern Region(ER), Western Region(WR), Southern Region(SR) and North-East Region(NER). Out of all these Regions the NR,ER,WR and NER are synchronized which is known as NEW Grid. Whereas SR is not synchronized with the rest of the regions with AC lines and hence runs on a slightly different Frequency. SR is connected with WR and ER with HVDC links only. When PGCIL was formed then the responsibility of Regional Load Despatch Centres(RLDCs) was handed over to POWERGRID by Central Electricity Authority(CEA). The Business of POWERGRID comes from the following activities: 1) Transmission (which includes Construction, Operation and Maintenance of Transmission lines and Sub-stations) 2) Telecom (handled by a separate department of POWERGRID known as Telecom Deptt. or POWERTEL) 3) Consultancy 4) Grid Management

Mission The mission of the corporation is establishment and operation of regional and national power grids to facilitate transfer of electric power within and across the regions with reliability, security and economy, on sound commercial principles. POWERGRID is committed to: a)establish and maintain an efficient and effective "national grid " with due regard to time, cost, technology, and value additions. b)sustainable development through conservation of natural resources and adopting environment friendly technology on principle of avoidance, minimization and mitigation c)ensure safe, occupational hazard free and healthy work environment, to the satisfaction of stake holders in all areas of its activities and shall endeavor to continually improve its management systems and practices in conformity to legal and regulatory provisions.

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14. Rashtriya Ispat Nigam Limited (Vizag Steel)


Type Industry Founded Key people Products Public Sector Enterprise Steel 1971 Headquarters ,Visakhapatnam, India A P Choudary, Chairman cum Managing DIrector Plain Rounds, Re-bars, Squares, Flats, Billets, Pig Iron, Plain Wire Rods In Coils I, Plain Wire Rods In Coils II Revenue Website USD 2.59 billion http://www.vizagsteel.com

Visakhapatnam Steel Plant,opened by popularly known as Vizag Steel, is one of the major steel producers in India. Vizag Steel Plant has been conferred Navratna status on 17 November 2010. Founded in 1971, the company focuses on producing value-added steel, with 214,000 tonnes produced in August 2010, out of 252,000 tonnes total of salable steel produced. It is the only integrated steel plant in the country to be certified for ISO 9001:2000, ISO 14001:2004 and OSHAS 18001:1999

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Rashtriya lspat Nigam Limited (RINL) was formed on 18 February 1982. Visakhapatnam Steel Plant was separated from SAIL and RINL was made the corporate entity of Visakhapatnam Steel Plant in April 1982. Vizag Steel Plant is the only Indian shore-based steel plant, and it has massive land, up to 19,000 acres (7,700 ha), and is poised to become up to 20 MT in a single campus and turnover in 2010-2011 was 11,500 Crores. On 20th May, 2009 Honorable Prime Minister Manmohan Singh launched the expansion project of Visakhapatnam Steel Plant from a capacity of 3.6MT to 6.3MT at a cost of Rs. 8,692 Crores. But the investment was revised to 14,489 crores with following classification:

Expenditure for the financial year 2009-10 Rs 1840 Crore Rs 5883 Crores since inception of the Project Total Commitment, including enabling works, steel procurement, Consultancy, Spares, etc is Rs 11591 Crores as on 25.03.10.

The expansion project is expected to become functional by 2012. Infrastructure


Coke Ovens and Coal Chemical Plant Sinter Plant Blast Furnace Steel Melt Shop and Continuous Casting Light and Medium Merchant Mill Medium Merchant and Structural Mill Wire Rod Mill

Steel Melt Shop Steel is made in steel melting shop in the refractory lined vessels called LD Converters by blowing oxygen through the hot metal bath. While iron making is a reduction process, steel making is an oxidation process. The oxygen reacts with the carbon in the hot metal and this reaction releases large quantities of gas rich in carbon monoxide along with huge amount of dust. The gases released from the converter are collected, cooled, cleaned and recovered for use as fuel in the steel plant. The entire molten steel at VSP is continuously cast at the radial type continuous casting machines resulting in significant energy conservation and better quality steel. 100% Continuous casting on such a large scale has been conceived for the first time in India.

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15. Rural Electrification Corporation Limited


Type State-owned enterprise, Public Financial Services, Infrastructure Finance Company 1969 New Delhi, India India H.D.Khunteta, Chairman & MD Short-term Loan, Bridge Loan Term Loan Infrastructure Bond 54EC Bonds Financing Power Projects Debt Refinancing Project Consultancy 6,707.60 crore (US$1.5 billion) (2009-10) 6,549.76 crore (US$1.46 billion) (200910)

Industry

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Services

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Employees Parent Website

600 Ministry of Power (India), Government of India www.recindia.nic.in

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REC (Rural Electrification Corporation Limited) is a leading public Infrastructure Finance Company in Indias power sector. The company finances and promotes rural electrification projects across India, operating through a network of 13 Project Offices and 5 Zonal Offices, headquartered in New Delhi. The company provides loans to Central/ State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. REC is a Navratna Company functioning under the purview of the Ministry of Power Government of India. The company is listed on both National Stock Exchange of India (NSE: RECLTD) and Bombay Stock Exchange (BSE: 532955). The company is currently among the top 500 Global Financial Services brands by UK-based plc Brand Finance (Brand Finance @ Global Banking 500 for 2010). The company is also among the Forbes Global 2000 companies for 2010. Business Operations RECs business model spans across the value chain of power infrastructure financing including (a) equipment finance, (b) technical/ financial appraisal of project, (c) project finance as well as short term or bridge loans for generation, intensive electrification, transmission, distribution, repair and maintenance, (d) support functions like project monitoring, consultancy and advisory. The company operates autonomously as a Central Public Sector Enterprise under the Ministry of Power, Government of India and also acts as nodal agency for expansive Government of India schemes for building electricity infrastructure. Business operations in India are supported by a network of 19 offices headquartered in New Delhi.

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16. Shipping Corporation of India Limit

Type Industry Founded

State-owned enterprise Public (BSE: 5 3598NSE: SCI) Shipping Bombay, 1961

Corporate Centre, Headquarters Madame Cama Road, Mumbai 400 021 India Key people S Hajara (Chairman and Managing Director) 3,902.69 crore (US$870.3 million) www.shipindia.com

Revenue Website

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The Shipping Corporation of India (SCI) (BSE: 523598NSE: SCI) is a company owned by the Government of India based in Mumbai that operates and manages vessels that services both national and international lines.

History

SCI Head Office at Nariman Point Mumbai

SCI was established on October 2, 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Two more shipping companies, Jayanti Shipping Company and Mogul Lines Limited, were merged with SCI in 1973 and 1986 respectively. SCI started out with 19 vessels. It gradually metamorphosed into a conglomerate having 83 ships of 4.6 million metric tons deadweight (DWT) with interests in 10 different segments of the shipping trade. Services

Liner and passenger services Bulk carrier and tanker services Offshore services Liquefied Natural Gas

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Maharatna
In 2009, the government established the Maharatna status, which raises a company's investment ceiling from Rs. 1,000 crore to Rs. 5,000 crore. The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project; the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval. Criteria The six criteria for eligibility as Maharatna are: 1. Having Navratna status. 2. Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations. 3. An average annual turnover of more than Rs. 20,000. Crore during the last 3 years. Earlier it was Rs 25,000 Crore. 4. An average annual net worth of more than Rs. 10,000 crore during the last 3 years. Earlier it was Rs. 15,000 crore. 5. An average annual net profit after tax of more than Rs. 2500 crore during the last 3 years. Earlier it was Rs. 5000 crore. 6. Should have significant global presence/international operations. List of Maharatna 1. 2. 3. 4. 5. Coal India Limited Indian Oil Corporation Limited NTPC Limited Oil and Natural Gas Corporation Limited Steel Authority of India Limited

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1. Coal India Limited


Type State-owned enterprise Public BSE: 533278 NSE: COALINDIA Coal & Lignite 1975 10 Netaji Subhas Road, Kolkata, India India N C Jha (Chairman & MD) Coal 60,245 crore (US$13.43 billion) (2010-11) 10,867 crore (US$2.42 billion) (2010-11) 383,347 (April 2011) coalindia.in

Traded as

Industry Founded Headquarters Area served Key people Products Revenue Profit Employees Website

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Coal India Limited (CIL) (BSE: 533278, NSE: COALINDIA) is an Indian statecontrolled coal company headquartered in Kolkata, West Bengal, India and the world's largest coal miner with revenue exceeding 60,245 Crore (FY2010-11). It was formerly owned entirely by the Union Government of India, under the administrative control of the Ministry of Coal. It is involved in coal mining and production industry. In April 2011, CIL was conferred the Maharatna status by the Union Government of India. On the 17th of August 2011, Coal India Ltd, the world's biggest coal mining company became India's most valuable company by market capitalization. As of August 17, CIL's market valuation was US$55.32 billion, just above Reliance Industries' $54.86 billion. Stateowned Oil and Natural Gas Corp of India comes a close third with a market cap of $52.82 billion. Coal mining in India has a long history of commercial exploitation covering nearly 220 years starting from 1774 by M/s Sumner and Heatly of East India Company in the Raniganj Coalfield along the Western bank of river Damodar. Coal India Limited was formed in 1973 as Coal Mines Authority Limited. In 1975 it was changed to Coal India Limited as a holding company with five subsidiaries:

Bharat Coking Coal Limited (BCCL)(Dhanbad, Jharkhand) Central Coalfields Limited (CCL)(Ranchi, Jharkhand) Western Coalfields Limited (WCL)(Nagpur region) Eastern Coalfields Limited (ECL)(Sanctoria, Asansol, West Bengal) Central Mine Planning and Design Institute Limited (CMPDIL)(Ranchi, Jharkhand)

In 1985 two more subsidiaries were added:


South Eastern Coalfields Limited (SECL)(Bilaspur) Northern Coalfields Limited, Singrauli (NCL,Singrauli)

In 1992 one more subsidiary added:

Mahanadi Coalfields Limited (MCL) (Sambalpur)

Nationalisation of Coal Mines Right from its genesis, the commercial coal mining in modern times in India has been dictated by the needs of the domestic consumption. Indias has abundant domestic reserves of coal. Most of these are in the states of Bihar, Jharkhand, Orissa, Madhya Pradesh, Chhattisgarh and West Bengal. On account of the growing needs of the steel industry, a thrust had to be given on systematic exploitation of coking coal reserves in Jharia Coalfield. The nationalisation was done in two phases, the first with the coking coal mines in 1971-72 and then with the non-coking coal mines in 1973. This was followed by the Coking
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Coal Mines (Nationalisation) Act, 1972 under which the coking coal mines and the coke oven plants other than those with the Tata Iron & Steel Company Limited and Indian Iron & Steel Company Limited, were nationalised on 1.5.1972 and brought under the Bharat Coking Coal Limited (BCCL), a new Central Government Undertaking. Another enactment, namely the Coal Mines (Taking Over of Management) Act, 1973, extended the right of the Government of India to take over the management of the coking and non-coking coal mines in seven States including the coking coal mines taken over in 1971. This was followed by the nationalisation of all these mines on 1.5.1973 with the enactment of the Coal Mines (Nationalisation) Act, 1973 which now is the piece of Central legislation determining the eligibility of coal mining in India.

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2. Indian oil corporation limited


Type State-owned enterprise Public BSE: 530965 NSE: IOC Oil and Gas 1964 Mumbai, India Ranbir Singh Butola (Chairman) Oil Petroleum Natural gas Petrochemical Fuel Lubricant US$ 51.81 billion (2010) US$ 3.74 billion (2010) US$ 2.44 billion (2010) US$ 34.36 billion (2010) 34,363 (2010) Iocl.com

Traded as

Industry Founded Headquarters Key people Products

Revenue Operating income Net income Total assets Employees Website

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Indian Oil Corporation Limited, or IndianOil, (BSE: 530965, NSE: IOC) is an Indian state-owned oil and gas company headquartered at Mumbai, India. It is Indias largest commercial enterprise, ranking 98th on the Fortune Global 500 list in 2011. IndianOil and its subsidiaries account for a 47% share in the petroleum products market, 34.8% share in refining capacity and 67% downstream sector pipelines capacity in India. The Indian Oil Group of Companies owns and operates 10 of India's 19 refineries with a combined refining capacity of 65.7 million metric tons per year. IndianOil operates the largest and the widest network of fuel stations in the country, numbering about 17606 (15557 regular ROs & 2049 Kissan Sewa Kendra). It has also started Auto LPG Dispensing Stations (ALDS). It supplies Indane cooking gas to over 47.5 million households through a network of 4,990 Indian distributors. In addition, IndianOil's Research and Development Center (R&D) at Faridabad supports, develops and provides the necessary technology solutions to the operating divisions of the corporation and its customers within the country and abroad. Subsequently, IndianOil Technologies Limited - a wholly owned subsidiary, was set up in 2003, with a vision to market the technologies developed at IndianOil's Research and Development Center. It has been modeled on the R&D marketing arms of Royal Dutch Shell and British Petroleum. Products IndianOil's product range covers petrol, diesel, LPG, auto LPG, aviation turbine fuel, lubricants, naphtha, bitumen, paraffin, kerosene etc. Xtra Premium petrol, Xtra Mile diesel, Servo lubricants, Indane LPG, Autogas LPG, Indian Oil Aviation are some of its prominent brands. Recently Indian Oil has also introduced a new business line of supplying LNG (liquefied natural gas) by cryogenic transportation. This is called "LNG at Doorstep". LNG headquarters are located at the Scope Complex, Lodhi Road, Delhi. International rankings Indian Oil is the highest ranked Indian company in the Fortune Global 500 listing, 98 position in 2011. It is also the 18th largest petroleum company in the world and the number one petroleum trading company among the National Oil Companies in the AsiaPacific region. IOCL was featured on the 2011 Forbes Global 2000 at position 243. It is fifth most valued brand in India according to an annual survey conducted by Brand Finance and The Economic Times in 2010.
th

Refineries

Digboi Refinery, in Upper Assam, is India's oldest refinery and was commissioned in 1901. Originally a part of Assam Oil Company, it became part of IndianOil in 1981. Guwahati Refinery, the first public sector refinery of the country, was built with Romanian collaboration and was inaugurated by Late Pt. Jawaharlal Nehru, the first Prime Minister of India, on 1 January 1962.
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Barauni Refinery, in Bihar, was built in collaboration with Russia and Romania. It was commissioned in 1964 with a capacity of 1 MMTPA. Its capacity today is 6 MMTPA. Gujarat Refinery, at Koyali in Gujarat in Western India, is IndianOils largest refinery. The refinery was commissioned in 1965. It also houses the first hydrocracking unit of the country. Haldia Refinery is the only coastal refinery of the Corporation, situated 136 km downstream of Kolkata in the Purba Medinipur (East Midnapore) district. It was commissioned in 1975 with a capacity of 2.5 MMTPA, which has since been increased to 5.8 MMTPA Mathura Refinery was commissioned in 1982 as the sixth refinery in the fold of IndianOil and with an original capacity of 6.0 MMTPA. Located strategically between the historic cities of Delhi and Agra, the capacity of Mathura refinery was increased to 7.5 MMTPA. Panipat Refinery is the seventh refinery of IndianOil. The original refinery with 6 MMTPA capacity was built and commissioned in 1998. Panipat Refinery has doubled its refining capacity from 6 MMT/yr to 12 MMTPA with the commissioning of its Expansion Project. Bongaigaon Refinery is the eight refinery of Indian Oil. It became the eighth refinery of Indian Oil Corporation Limited after merger of Bongaigaon Refinery & Petrochemicals Limited with IOCL w.e.f. 25th March 2009. It is located at Dhaligaon in Chirang district of Assam, 200 Kms west of Guwahati.

It is believed that the future IOCL refinery will be Paradeep Refinery. It is expected to be handover at 2012.

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3. NTPC Limited
Type Traded as State-owned enterprise Public BSE: 532555 NSE: NTPC Engineer production 1975 Delhi, India Arup Roy Choudhury (Chairman & MD) Electricity 50,188.52 crore (US$11.19 billion) (200910) 8,837.65 crore (US$1.97 billion)(200910) 25,944 (2010) www.ntpc.co.in

Industry Founded Headquarters Key people Products Revenue Net income Employees Website

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NTPC Limited (formerly National Thermal Power Corporation) (BSE: 532555, NSE: NTPC) is the largest state-owned power generating company in India. Forbes Global 2000 for 2010 ranked it 341th in the world. It is an Indian public sector company listed on the Bombay Stock Exchange although at present the Government of India holds 84.5% (after divestment the stake by Indian government on 19th October, 2009) of its equity. With a current generating capacity of 34894 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017. It was founded on November 7, 1975. NTPC's core business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad. The total installed capacity of the company is 34894 MW (including JVs) with 15 coal based and 7 gas based stations, located across the country. In addition under JVs, 5 stations are coal based & another station uses naphtha/LNG as fuel. NTPC Plants

Thermal-Coal based Coal Based (Owned by JVs) GAS based NTPC Hydel

NTPC Hydel The company has also stepped up its hydroelectric power (hydel) projects implementation. Currently the company is mainly interested in the North-east India wherein the Ministry of Power in India has projected a hydel power feasibility of 3000 MW. There are few run of the river hydro projects are under construction on tributory of the Ganges. In which three are being made by NTPC Limited. These are: 1. Loharinag Pala Hydro Power Project by NTPC Ltd: In Loharinag Pala Hydro Power Project with a capacity of 600 MW (150 MW x 4 Units). The project is located on river Bhagirathi (a tributory of the Ganges) in Uttarkashi district of Uttarakhand state. This is the first project downstream from the origin of the Ganges at Gangotri(Project stopped by GoI). 2. Tapovan Vishnugad 520MW Hydro Power Project by NTPC Ltd: In Joshimath city 3. Lata Tapovan 130MW Hydro Power Project by NTPC Ltd: Also in Joshimath (under environmental revision) 4. Koldam Hydro Power Project 800 MW in Himachal Pradesh (130 km from Chandigarh) 5. Amochu in Bhutan 6. Rupasiyabagar Khasiabara HPP, 261 MW in Uttarkashi, near China Border.

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4. Oil & Natural Gas Corporation Limited


Type State-owned enterprise Public (NSE: ONGC, BSE: 500312) Industry Founded Headquarters Key people Products Oil and Gas 14 August 1956 Dehradun, India A. K. Hazarika (Chairman & MD) Petroleum Natural gas Petrochemicals Revenue Operating income Net income Total assets Employees Website US$ 22.599 billion (2010) US$ 6.752 billion (2010) US$ 4.381 billion (2010) US$ 37.153 billion (2010) 32,826 (2010) www.ONGCIndia.com

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Oil and Natural Gas Corporation Limited (ONGC) (NSE: ONGC, BSE: 500312) is an Indian state-owned oil and gas company headquartered at Dehradun, the capital of Uttaranchal (aka Uttrakhand). It is a Fortune Global 500 company ranked 413, and contributes 77% of India's crude oil production and 81% of India's natural gas production. It is the highest profit making corporation in India, according to filings with the BSE of latest quarter results External Link. It was set up as a commission on 14 August 1956. Indian government holds 74.14% equity stake in this company. ONGC is one of the Asia's largest and most active company involved in exploration and production of oil. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India. It produces about 30% of India's crude oil requirement. It owns and operates more than 11,000 kilometres of pipelines in India. It is one of the highest profit making companies in India. In 2010, it stood at 18th position in the Platts Top 250 Global Energy Company Rankings.

ONGC platform at Bombay High in the Arabian Sea ONGC Videsh ONGC Videsh Limited (OVL) is the international arm of ONGC.

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5. Steel Authority of India Limited


Type State-owned enterprise Public NSE: SAIL LSE: SAUD Steel 1954 New Delhi, India Chandra Shekhar Verma (Chairman) $9.629 billion (2010) 1.520 billion (2010) $15.655 billion (2010) 131,910 (2006) www.sail.co.in

Traded as

Industry Founded Headquarters Key people Revenue Net income Total assets Employees Website

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Steel Authority of India Limited (SAIL) (NSE: SAIL, LSE: SAUD is one of the largest state-owned steel makers in India. With a turnover of 48,681 crore (US$10.86 billion), the company is among the top five highest profit earning corporates of the country. It is a public sector undertaking which trades publicly in the market is largely owned by Government of India and acts like an operating company. Incorporated on January 24, 1973, SAIL has more than 131,910 employees. The company's current chairman is C.S Verma. With an annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer in the world. Major plants owned by SAIL are located at Bhilai, Bokaro, Durgapur, Rourkela, Burnpur (near Asansol) and Salem. SAIL is a public sector company, owned and operated by the Government of India. According to a recent survey, SAIL is one of India's fastest growing Public Sector Units.Besides, it has R&D centre for Iron & Steel (RDCIS), Centre for Engineering and Technology (CET), Management Training Institute (MTI) and SAIL Safety Organization (SSO) located at Ranchi capital of Jharkhand. Major Units SAIL Integrated Steel Plants 1. Rourkela Steel Plant (RSP) in Orissa set up with German collaboration (The first integrated steel plant in the Public Sector in India, 1959) 2. Bhilai Steel Plant (BSP) in Chhattisgarh set up with Soviet collaboration (1959) 3. Durgapur Steel Plant (DSP) at Durgapur, West Bengal set up with British collaboration (1965) 4. Bokaro Steel Plant (BSL) in Jharkhand (1965) set up with Soviet collaboration (The Plant is hailed as the countrys first Swadeshi steel plant, built with maximum indigenous content in terms of equipment, material and know-how) 5. IISCO Steel Plant (ISP) at Burnpur, West Bengal

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MINIRATNA STATUS
In addition, the government created another category called Miniratna. Miniratnas can also enter into joint ventures, set subsidiary companies and overseas offices but with certain conditions. In 2002, there were 61 government enterprises that were awarded Miniratna status. However, at present, there are 63 government enterprises that were awarded Miniratna status.
Category I

This designation applies to PSEs that have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years. These miniratnas granted certain autonomy like incurring capital expenditure without government approval up to Rs. 500 crore or equal to their net worth, whichever is lower.

Airports Authority of India Balmer Lawrie & Co. Limited Bharat Dynamics Limited BEML Limited Bharat Sanchar Nigam Limited Bridge & Roof Company (India) Limited Central Warehousing Corporation Central Coalfields Limited Chennai Petroleum Corporation Limited Cochin Shipyard Limited Container Corporation of India Limited Dredging Corporation of India Limited Engineers India Limited Ennore Port Limited Garden Reach Shipbuilders & Engineers Limited Goa Shipyard Limited

Hindustan Copper Limited HLL Lifecare Limited Hindustan Newsprint Limited Hindustan Paper Corporation Limited Housing and Urban Development Corporation India Tourism Development Corporation Indian Railway Catering and Tourism Corporation IRCON International Kudremukh Iron Ore Company Ltd. Mazagon Dock Limited Mahanadi Coalfields Limited MOIL Limited Mangalore Refinery and Petrochemicals Limited Mishra Dhatu Nigam Minerals and Metals Trading Corporation of India MSTC Limited

National Fertilizers Limited National Seeds Corporation Pawan Hans Helicopters NHPC Limited Northern Coalfields Limited Numaligarh Refinery Limited Rashtriya Chemicals & Fertilizers Limited Satluj Jal Vidyut Nigam Security Printing and Minting Corporation of India Limited South Eastern Coalfields Limited State Trading Corporation of India Limited Tehri Hydro Development Corporation Limited Telecommunications Consultants (India) Limited Western Coalfields Limited Water & Power Consultancy (India) Limited

293 NAVARATNA AND MAHARATNA

ECONOMICS FOR BUSINESS Category II

This category includes those PSEs which have made profits for the last three years continuously and should have a positive net worth. Category II miniratnas have autonomy to incurring the capital expenditure without government approval up to Rs. 250 crore or up to 50% of their net worth whichever is lower. Bharat Pumps & Compressors Limited Broadcast Engineering Consultants (I) Limited Central Mine Planning & Design Institute Limited Ed.CIL (India) Limited Engineering Projects (India) Limited FCI Aravali Gypsum & Minerals India Limited Ferro Scrap Nigam Limited HMT (International) Limited HSCC (India) Limited India Trade Promotion Organization Indian Medicines & Pharmaceuticals Corporation Limited M E C O N Limited National Film Development Corporation Limited National Small Industries Corporation Limited P E C Limited Rajasthan Electronics & Instruments Limited

294 NAVARATNA AND MAHARATNA

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