Steel Authority of India Limited (SAIL) is a central public sector undertaking (PSU) based in New Delhi, India. It is under the ownership of the Ministry of Steel, Government of India with an annual turnover of ₹105,398 crore (US$13 billion) for the fiscal year 2022-23. Incorporated on 24 January 1973, SAIL has 57,139 employees. With an annual production of 18.29 million metric tons, It is the largest government owned steel producer. The hot metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025.
Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha.
Korba is a city and an industrial area in Korba District in the Indian state of Chhattisgarh. Korba was part of Bilaspur District before 25 May 1998. It was later designated as a separate district for ease of administration, but is still under Bilaspur Division. Korba is called power hub of India due to its Coal reserves and Industrial base for multiple thermal based power plants from Public sector like NTPC Limited, CSEB from State of Chhattisgarh as well as from private sector apart from Power plants Korba has the Asia's second largest and India's largest open cast coal mine in Gevra area of Korba Coalfield. Korba produces 140 Million tons of coal every year which accounts for 17% of Country's total coal production and 85% of Chhattisgarh Coal production. BALCO Private owned Aluminium producer has its smelter Aluminium Plant in Korba. Here mainly the protected tribal tribe Korwa resides. Korba district is blessed by lush green forests from all around, a large population of tribals is found here. The tribals here prefer to live in harmony with the environment in the forest area due to which they have retained their distinctive cultural characteristics and traditional practices.
National Aluminium Company Limited is an Indian public sector company having integrated and diversified operations in mining, metal and power. Presently, the Government of India holds a 51.28% equity stake in NALCO, while the Ministry of Mines has administrative control over the company.
The Shipping Corporation of India (SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai.
Anil Agarwal, known professionally as "metal king," is an Indian billionaire businessman who is the founder and chairman of Vedanta Resources Limited. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business.
Vedanta Resources Limited is a diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha and Punjab.
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector undertaking (PSU) under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It operates three refineries in Bina, Kochi and Mumbai. BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. BPCL was ranked 309th on the Fortune list of the world's biggest PSUs in 2020, and 1052nd on Forbes's "Global 2000" list in 2023.
Ordnance Factory Board (OFB), consisting of the Indian Ordnance Factories, now known as Directorate of Ordnance, was an organisation, under the Department of Defence Production (DDP) of Ministry of Defence (MoD), Government of India.
Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited.
The Braithwaite Burn & Jessop Construction Company Limited is a Public Sector Undertaking (PSU) of the Government of India under Department of Heavy Industries. Established on 26 January 1935, BBJ Construction Company has been involved in the construction & repairing of Rail Bridges & Rail-cum-Road Bridges, Industrial structural works, Large building foundation, Civil engineering works, Refinery piping works, Railway gauge conversion etc. The company is registered and headquartered in Kolkata.
Copper Mines of Tasmania is the successor company to the Mount Lyell Mining and Railway Company that operated in Queenstown, Tasmania for just short of one hundred years.
Mining of industrial minerals was insignificant to Bhutan’s economy except for the production of ferrosilicon. The country’s rugged terrain provides sites to harvest hydropower, which has driven rapid growth in the transport and construction sectors, including the startup of a number of local cement operations.
Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium. It is a subsidiary of Vedanta Limited. Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003. HZL is the world's second largest zinc producer.
Resources are classified as either biotic or abiotic on the basis of their origin. India contains a multitude of both types of resource and its economy, especially in rural areas, is heavily dependent on their consumption or export. Due to overconsumption, they are rapidly being depleted.
The 2009 Korba chimney collapse occurred in the town of Korba in the Indian state of Chhattisgarh on 23 September 2009. It was under construction under contract for the Bharat Aluminium Co Ltd (BALCO). Construction had reached 240 m (790 ft) when the chimney collapsed on top of more than 100 workers who had been taking shelter from a thunderstorm. At least 45 deaths were recorded.
Braithwaite & Co. Limited is an Indian public sector undertaking which is engaged in the manufacture of railway wagons, cranes and other engineering services. It is wholly owned by the Government of India and under the administrative control of the Ministry of Railways. Its headquarters are located at Kolkata, West Bengal.
Jessop & Company Limited was an Indian Government owned engineering company based at Dum Dum, Kolkata, India. It was sold by Government of India to Ruia Group when Atal Bihari Vajpayee and Bharatiya Janta Party was in power. It is part of the Ruia Group of companies, which also owns prominent rubber & tyre companies like Dunlop India and Falcon Tyres.
Public Sector Undertakings (PSU) or Public Sector Enterprises (PSE) in India are government-owned enterprises in which 51 percent or more share capital is held by the Government of India or state governments or joint ventures between multiple Public Sector Enterprises. Depending on the level of government ownership, they can be broadly categorised as Central PSUs or State PSUs. These entities include government companies, statutory corporations, banking institutions, and departmentally run companies. PSUs are officially classified into three categories, which are Central Public Sector Enterprises (CPSE) and Public Sector Banks (PSB) owned by the central government or other CPSEs/PSBs, and State Level Public Enterprises (SLPE) owned by state governments or other SLPEs. CPSE is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSEs are granted the status of Maharatna, Navaratna, and Miniratna.
Disinvestment in Public sector undertakings in India is a process of public asset sales done by the President of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process. The Public Enterprises Survey (2015–16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries, & Government of India on the performance of Central Public Sector Enterprises was placed in both the Houses of Parliament on 21 March 2017. There were 331 CPSEs in 2017-18, out of which 257 were in operation. The remaining 74 of the CPSEs were being established.
