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Thales selected by Airbus as Lead Supplier for HBC Systems on A320, A330 and A380 aircraft platforms

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Thales-logo-indianbureaucracy

Thales has been selected by Airbus as Lead Supplier for HBC solutions to be deployed on A320, A330 and A380 aircrafts in linefit and retrofit mode.

Thales’ High Bandwidth Connectivity solutions will provide passengers the bandwidth they need to enrich their travel experience and airlines with the connectivity solution that satisfies their operational requirements.

This selection is an important milestone in the long-standing relationship between Airbus and Thales. In addition to the already selectable GX Connectivity solution for A350s, this agreement enables Thales to become linefit offerable for connectivity products and related VAR services on all legacy Airbus platforms, today and in the future.

HBC solutions are designed to operate standalone or connected to an IFE system.

Thales’ inflight entertainment and connectivity portfolio combines innovative technologies, a global support network, with a complete ecosystem that provides airlines valuable services to improve operational efficiencies and increase passenger engagement.

In this safety-critical and technology-rich environment Thales has a pedigree and global presence no other provider can match, across aviation, avionics, satellite networks, connected skies, cyber security and passenger entertainment.

Key Points

  • Thales selected as connectivity solutions partner for A320, A330 and A380 platforms.
  • Agreement enables Thales as lead supplier to become linefit offerable for Connectivity products and VAR services on all Airbus platforms today and in the future.

“Being selected by Airbus as Lead Supplier for HBC solutions is an important milestone in our long-standing relationship. Airline customers can soon choose Thales’ Connectivity Solutions that best meet their requirements on all Airbus platforms.” Dominique Giannoni, CEO, Thales InFlyt Experience.

Nalco gets India Pride Award

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nalco-Logo-indianbureaucracy

under Ministry of Mines, Govt of India, has bagged the prestigious India Pride Award for the year 2015-16 for CSR, Environment Protection & Conservation, instituted by the Dainik Bhaskar Group. On behalf of the company, Dr. Tapan Kumar Chand, CMD, received the Award from Shri Ravi Shankar Prasad, Union Minister for Communications & Information Technology, during the 7th Edition of the India Pride Awards held in New Delhi on Monday. Among others, Shri M. Venkaiah Naidu, Union Minister for Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs and Shri Radha Mohan Singh, Union Minister for Agriculture graced the occasion.

It may be mentioned that the India Pride Awards have been instituted as a tribute to the contributions made and excellence achieved in public services, especially by the Public Sector Undertakings (PSU) in nation building. The awards are being given away to PSUs since 2009 in different fields of excellence.
“Nalco is working in all the thrust areas identified in the Companies Act, 2013. The company’s focus is on bringing its robust humane face to the fore, through empathetic welfare and CSR measures,” said Dr. Tapan Kumar Chand on receiving the award.

Nalco has recently launched the ‘Nalco ki Ladli’ Scheme, under the Beti Bachao, Beti Padhao programme of Government of India, which aims at promoting meritorious girl-students from BPL families studying in the periphery schools of company’s production units at Angul and Damanjodi in Odisha. The company has also proved to be an active partner in implementing the Swachh Bharat and Swachh Vidyalaya Abhiyan. NALCO has constructed 433 toilets in schools 206 schools of Odisha and Andhra Pradesh. Further, as the first PSU in Mining Sector, Nalco has signed an MoU for skill development with National Skill Development Corporation and National Skill Development Fund. The company has committed 5% of its CSR budget for this capacity building programme. Besides, Nalco in association with Ministry of Skill Development is in the process of setting up a Centre of Excellence for Skill Development in Eastern India.

Also, all the units of Nalco are ISO 14001 Certified for environment management, with zero discharge of effluents. The company has planted more than 78 lakh trees in the periphery of its operating units so far.

IndianBureaucracy.com wishes the very best .

NTPC NETRA- Research On Bio Fuels

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NTPC
NTPC

NETRA the R & D arm of NTPC has started a pilot briquetting plant towards harnessing green power through various Bio-fuel Research projects including Biomass for gasification and power generation. The plant is being used for making briquettes (combustible biomass) of leaves ,grass generated at NETRA with Mill rejects for their suitability as a Biofuel.

A pilot set developed at NETRA having capacity 250 kg/hr and diameter size 40 mm was commissioned and inaugurated by Shri R. K. Srivastava, ED (NETRA) recently.

netra machine ntpc

Asthma associated with PCOS and Excess Weight

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science indianbureaucracy

Summary:Among reproductive-age women, polycystic ovary syndrome (PCOS) as well as overweight and obesity are independently linked with asthma, new preliminary research from Australia suggests.

Among reproductive-age women, polycystic ovary syndrome (PCOS) as well as overweight and obesity are independently linked with asthma, new preliminary research from Australia suggests. The results will be presented in a poster at ENDO 2016, the annual meeting of the Endocrine Society, in Boston.

“A greater proportion of women with polycystic ovary syndrome report asthma, and the results of this study suggest that asthma is associated with PCOS and excess weight,” said lead author Anju Elizabeth Joham, MBBS, FRACP, an endocrinologist and postdoctoral research fellow at Monash University in Melbourne, Australia.

“These findings highlight that polycystic ovary syndrome is a complex disorder that includes significant inflammatory underpinnings. These results also raise awareness of the need to consider higher risks in other health areas in this condition,” Joham said.

Polycystic ovary syndrome is a common ailment among women of childbearing age, but no studies of the relationships of asthma with PCOS and weight have been published to date.

Joham and her colleagues assessed the prevalence of asthma in reproductive-age women. They also investigated the impact of obesity on the prevalence of asthma in the women who had PCOS compared with those who did not have PCOS.

To examine these links, Joham and her colleagues analyzed data from the Australian Longitudinal Study on Women’s Health (ALSWH), an ongoing national periodic survey that has been following more than 58,000 Australian women of various ages since 1996 and periodically collecting data from them about the factors that influence their health.

The researchers randomly selected the survey responses of 9,145 women about their polycystic ovary syndrome and asthma status. Among the women aged 28 to 33 years, PCOS prevalence was 5.8%. Among the women reporting PCOS, asthma prevalence was 15.2% compared with 10.6% among those not reporting PCOS.

The study showed that PCOS status and body mass index (BMI) in both the overweight and obese categories were independently associated with asthma.

Of the women reporting asthma, mean BMI was significantly higher in those reporting PCOS compared with those not reporting PCOS. Polycystic ovary syndrome was associated with increased odds of asthma. BMI in the overweight and obese ranges was also associated with increased odds of asthma.

“The results of this observational study need to be confirmed with results in other populations, and exploration of these relationships in longitudinal studies is needed,” Joham said.

The study is based on research conducted as part of the Australian Longitudinal Study on Women’s Health.

The Australian Government Department of Health and Ageing and the Medical Research Council funded the study.

Source:The Endocrine Society(science)

China paying price of western lifestyle with soaring Childhood Obesity

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science indianbureaucracy

Summary:Less than one percent of children were obese in 1985 compared to 17 percent of boys and 9 percent of girls in 2014, a study from China concludes. Boys may be more overweight than girls because of societal preference for sons, say the authors.

China is paying the price of adopting a western lifestyle with soaring childhood obesity, shows a 29 year study in nearly 28,000 children and adolescents published in the European Journal of Preventive Cardiology. Less than 1% of children and adolescents were obese in 1985 compared to 17% of boys and 9% of girls in 2014. The authors speculate that boys may be more overweight than girls because of a societal preference for sons.

“This is extremely worrying,” said Professor Joep Perk, cardiovascular prevention spokesperson for the European Society of Cardiology. “It is the worst explosion of childhood and adolescent obesity that I have ever seen. The study is large and well run, and cannot be ignored. China is set for an escalation of cardiovascular disease and diabetes, and the popularity of the western lifestyle will cost lives.”

Data for the study was obtained from six national surveys in schoolchildren carried out by the Department of Education in Shandong Province, China, between 1985 and 2014. A total of 27 840 rural students aged 7 to 18 years had their height and weight measured. Body mass index (BMI) was calculated as kg/m2. Overweight and obesity were defined using cut-off points recommended by the Working Group on Obesity in China (WGOC), the International Obesity Task Force (IOTF), and the World Health Organization (WHO).

The prevalence of overweight and obesity in boys increased from 0.74% and 0.03% in 1985 to 16.35% and 17.20% in 2014, and in girls increased from 1.45% and 0.12% in 1985 to 13.91% and 9.11% in 2014, respectively.

“China is a large agricultural country and our findings have huge implications for the entire nation,” said Dr Ying-Xiu Zhang, leader of the investigation team at the Shandong Centre for Disease Control and Prevention, Shandong University Institute of Preventive Medicine, Jinan, Shandong, China. “The rises in overweight and obesity coincide with increasing incomes in rural households and we expect this trend to continue in the coming decades in Shandong Province and other regions of China.”

“China has experienced rapid socioeconomic and nutritional changes in the past 30 years,” continued Dr Zhang. “In China today, people eat more and are less physically active than they were in the past. The traditional Chinese diet has shifted towards one that is high in fat and calories and low in fibre.”

The authors speculated that boys are more overweight than girls because they are given preferential treatment. The Chinese 2005 National Youth Risk Behaviour Surveillance reported that 4.3% of boys and 2.7% of girls frequently had soft drinks, while 12.7% of boys and 4.3% of girls spent more than two hours per day playing computer games.

Dr Zhang said: “Traditionally the societal preference, particularly in rural areas, has been for sons. That could result in boys enjoying more of the family’s resources. In addition, boys may prefer to have a larger body size than girls.”

“Computer games themselves are not the issue,” added Professor Perk. “The problem is that kids sit there with a two litre bottle of fizzy drink. To burn those calories they would need to walk 46 km but they don’t.”

The prevalence of overweight and obesity is rising faster in children than (7 to 12 years) than adolescents (13 to 18 years), which the authors say could be because teenagers are more concerned about their appearance. “Adolescents generally pay more attention to their body shape and do more exercise than children,” said Dr Zhang.

“Rural areas of China have been largely ignored in strategies to reduce childhood obesity,” said Dr Zhang. “This is a wake-up call for policymakers that rural China should not be neglected in obesity interventions. We need to educate children on healthy eating and physical activity, and monitor their weight to check if these efforts are making a difference.”

Professor Perk said: “This calls for a catastrophe committee in China to stop the alarming rise in childhood and adolescent obesity. They need to return to their former nutritional habits instead of eating junk food. Parents must take some responsibility and point their children in the direction of healthier choices.”

Source:European Society of Cardiology(science)

AAI wins ‘India Pride Awards’ for 2015-16

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AAI
AAI

Airports Authority of India (AAI), an organization which is working tirelessly towards India’s sustainable growth and renowned for providing state-of the-art infrastructure, passenger facilities and air navigation services at all the airports across the nation, has won Dainik Bhaskar “India Pride Awards” – 2015-16 for “Excellence in Infrastructure Development” in the category of Public Sector Undertaking –Central, for which all leading PSUs of India participated. aai-indianbureaucracy

The winners were felicitated and congratulated by the Chief Guest Shri M. Venkaiah Naidu, Hon’ble Union Minister for Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs, Shri Ravi Shankar Prasad, Hon’ble Union Minister for Communications and Information Technology and Shri Radha Mohan Singh, Hon’ble Union Minister for Agriculture. The award was received by Shri S. Raheja, Chairman, Airports Authority of India from Shri M. Venkaiah Naidu, Hon’ble Union Minister for Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs.

IndianBureaucracy.com wishes the very best.

Large ‘whey protein’ breakfast may help manage type 2 diabetes

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science indianbureaucracy

Summary:A large breakfast containing whey protein may help manage type 2 diabetes, new research from Israel reports.

A large breakfast containing whey protein may help manage Type 2 diabetes, new research from Israel reports. The study results was presented Friday, April 1, at ENDO 2016, the annual meeting of the Endocrine Society, in Boston.

“A high-calorie protein breakfast, medium-sized lunch and small dinner is a proven successful strategy for weight loss, improved satiety and reduced glucose spikes throughout the day in people with obesity and Type 2 diabetes,” said lead study author Daniela Jakubowicz, MD, professor of medicine at Tel Aviv University.

“However, the benefits of high protein content at breakfast also depend on the protein source and quality,” Jakubowicz said. “Whey protein powder, which is a byproduct of milk during cheese production, induced greater satiety and reduction of glucose spikes after meals compared to other protein sources, such as eggs, soy or tuna.”

Jakubowicz and her colleagues investigated whether in overweight and obese people with Type 2 diabetes, whey protein for breakfast is more effective than other proteins for weight loss, satiety and reduction of glucose spikes and HbA1C (glycated hemoglobin) levels.

They randomly assigned 48 overweight and obese participants with Type 2 diabetes who were, on average, 59 years of age, to one of three diets that contained the same number of calories.

For 23 months, all participants ate a large breakfast, medium-sized lunch and small dinner, but the breakfast composition, amount and source of proteins differed among the groups.

One group ate breakfast containing mostly whey protein such as whey protein shakes, the second group ate breakfast containing other proteins including eggs, soy and tuna, and the third ate breakfast high in carbohydrates or starch.

After 12 weeks, the group on whey protein lost the most weight: 7.6 kg (16.7 pounds), compared to 6.1 kg (13.4 pounds) for those on the other proteins, and 3.1 kg (6.8 pounds) for those in the carbohydrate group.

Whey protein diet participants were more satiated and less hungry throughout the day, with lower glucose spikes after meals compared to the other two diets, and their HbA1C also decreased more than with the other two diets.

“The whey protein diet significantly suppresses the hunger hormone ‘ghrelin.’ A whey protein drink is easily prepared and provides the advantages of a high-protein breakfast on weight loss, reduction of hunger, glucose spikes and HbA1c,” Jakubowicz said.

Source:The Endocrine Society(science)

BEL bags India Pride Award

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BEL-indianbureaucracy

Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the ‘Dainik Bhaskar India Pride Award’ in the Defence category for the year 2015-16.

Mr Girish Kumar, Executive Director (Radar) & Unit Head, BEL-Ghaziabad, received the award from Mr Ravi Shankar Prasad, Union Minister for Communications and Information Technology, along with Mr V B Gupta, Senior Deputy General Manager (Management Services & Public Relations)/BEL-Ghaziabad, at the awards ceremony held at New Delhi on April 4, 2016. The Dainik Bhaskar media group has instituted the ‘India Pride Awards’ to honour PSUs which have made significant contributions to the growth of the Indian economy.

Indian electronics and hardware industry to be between $112-$139 bn by 2018- ASSOCHAM

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ASSOCHAM_IndianBureaucracy

New Delhi, Thursday, 7 April 2016. The Indian electronics and hardware industry is expected to grow at a CAGR of 13%–16% during 2013–18 to reach US$112–130 billion by 2018 from current level of $75 billion, according to an ASSOCHAM-EY study titled ‘Turning the Make in India dream into a reality for electronics and hardware industry’. The growth is expected on the back of rising consumer demand, growing disposable incomes, declining prices of electronics, and numerous government initiatives such as wider broadband connectivity, e-governance programs and others, notes the study.

The study also highlights the key demand-side and supply-side challenges faced by companies in this sector and presents some of the policy recommendations to strengthen electronics manufacturing in the country. Growing reliance on imports for electronic components and rapidly increasing demand for electronic products makes it crucial to enhance /strengthen India’s electronics manufacturing capabilities. Around 50%–60% of the demand for electronic products and the demand for nearly 70%–80% of the electronic components market is fulfilled through imports.

According to Milan Sheth, Partner and Leader – Technology, EY, “The Make in India initiative, combined with global manufacturers looking to relocate their manufacturing base from China to alternate locations such as India, Vietnam and Indonesia due to mounting labour costs provides a strong impetus to the Indian electronics and hardware industry. It presents an opportunity to become a manufacturing-led sector in India from being predominantly consumption-driven.”

That said, there exist certain challenges around ease of doing business, taxation-related issues, and lack of end-to-end manufacturing value chain including component ecosystem, skilled labour unavailability and infrastructure bottlenecks in the country. Although the Government has undertaken steps to promote India as a manufacturing hub in the last two budgets, certain areas are yet to be addressed.

With the electronics sector expected to grow rapidly in the coming years, avenues will open for manufacturers to invest in the Indian market. Companies are looking at increasing their manufacturing base in India to serve domestic markets and also the Middle East, Africa and SAARC countries. However, to ensure that this momentum keeps pace, the industry and the Government need to work together, to make the Indian electronics industry highly competitive, notes the report.

ASSOCHAM has been striving to create a common platform for the government and the industry to come together on the possible solutions to the current set of challenges and opportunities. The conference provided an opportunity to the panellists to reflect upon the obstacles and chart out a roadmap for the success of the Make in India initiative.

Shashi Shekhar releases White Paper on Urban Wastewater PPPs

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Mr Shashi Shekhar, Secretary, Ministry of Water Resources, Ganga Rejuvenation and River Development, Government of India, released a White Paper on Urban Wastewater PPPs, prepared by the FICCI Water Mission and 2030 Water Resources Group.

The White Paper was launched at the India Water Week 2016, in an interactive seminar, jointly organized by FICCI and the Ministry of Water Resources, Ganga Rejuvenation and River Development on “Model for Efficient Water Management at Local Level in Urban / Peri-Urban Areas. Launching the paper Shri Shekhar remarked “what we have launched today is what we plan to do in Ganga.” In his endorsement of the FICCI – 2030 Water Resources Group White Paper, the Secretary mentioned that it “provides useful industry perspectives on measures to improve the investment climate and enhance project viability and sustainability through wastewater reuse markets in the long run.” Developed as a joint collaboration between the FICCI Water Mission and the 2030 Water Resources Group (2030 WRG), the Paper advocates for governments, both at the national and state levels, to focus on improvement in the quality of sewerage services in the country through Public-Private (Community) Partnerships (PP(C)P), over and above private sector participation as a means to bridge the investment gap.

The outcome of extensive stakeholder consultations with industry participants, water and wastewater utilities, government agencies and financiers, the Paper recommends a three level payment security mechanism which involves ring fencing of sewerage revenues at the local government/state utility level, followed by funding support from the state government through a separate State Sanitation Fund, and backstopped by a guarantee facility from the Government of India. It also suggests that the country needs to move to a regime where sewerage charges at least cover O&M expenses.

Ms Naina Lal Kidwai, Chairman, FICCI Water Mission highlighted that “the White Paper aims to serve as a valuable resource for assessing current constraints faced by PPP projects and developing innovative ways of creating a conducive investment climate for private sector involvement in the sewerage sector.”

Co-chairing the session on ‘Model for Efficient Water Management at Local Level in Urban/Peri-Urban Areas,’ Mr Pradeep Puri, Chairman, IL&FS Water Ltd. & Chairman, FICCI National Executive Committee on Urban Infrastructure and Smart Cities, remarked, “probably no other aspect of urban infrastructure is more mismanaged than water distribution where we compare very poorly with international benchmarks in terms of efficiency, per capita availability and water tariffs.”

About FICCI Water Mission

FICCI constituted a “Water Mission” to promote and provide thought leadership in the area of water efficiency. It aims to facilitate the sharing and dissemination of best practices across industry sectors in order to encourage corporate and industry players to imbibe a culture of water conservation within their organizations. The Mission is working to create awareness on the existing situation pertaining to water scarcity and quality and generate a discourse on sustainable use of water amongst various users. With growing and extensive depletion of and pollution of our water resources, the Mission’s current work is being restructured to bring this issue back in focus to provide a sense of urgency to the debate of water management.

BHEL creates new Benchmarks in Project Execution in 2015-16 Highest Ever Commissioning in a Single Year and Highest Order Booking in the last Five Years Leadership position sustained with 74 percent Market Share

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BHEL

Bharat Heavy Electricals Limited (BHEL) has recorded the highest-ever Commissioning of Projects in its history and the highest Order Booking in the last Five Years in fiscal 2015-16, ending the year with significant traction in growth drivers. Enhanced focus on project execution has resulted in BHEL creating history by way of commissioning/synchronizing an all-time high 15,059 MW of power generating equipment during the year. With this, the worldwide installed base of power generating equipment supplied by BHEL has exceeded 170 GW. This includes the highest-ever power generation capacity addition of 13,061 MW to the Indian utility segment, a quantum jump of 59% over the previous year. Notably, the capacity addition of domestic utility sets is 23% higher than the target set by the government for BHEL. With this, BHEL has already achieved 94% of the capacity addition target for the XII Plan in first 4 years itself. Despite intense competitive pressure in the power and capital goods markets during the year, BHELachieved the highest order booking in the last five years, at Rs.43,727 Crore, a 42% leap over 2014-15.

This comprises orders worth Rs.38,529 Crore in the Power segment and Rs.5,125 Crore in the Industry segment. The company ended the year with a total order book of over Rs.1,10,000 Crore. Focus on increased localization of supercritical technology, higher technology depth, and design optimization enabled the company to enhance its competitiveness and strengthen its leadership in the power plant & associated equipment segment of the Indian utility market. While operating in a difficult business environment, the company enhanced its market share to a significant 74%, thereby retaining its market leadership position during 2015-16. Significant orders in the Power segment include 5×800 MW Yadadri TPS (Engineering Procurement Construction (EPC)) from TSGENCO, Telangana; 2×800 MW Uppur (Boiler Turbine Generator (BTG) package) from TANGEDCO, Tamil Nadu; 2×800 MW Telangana STPP (Steam Generator package) Ramagundam from NTPC; 1×800 MW North Chennai Extn. (BTG) from TANGEDCO; 1×800 MW Vijayawada (BTG package) from APGENCO, Andhra Pradesh; 1×800 MW Krishnapatnam (BTG package) from APPDCL, Andhra Pradesh and 1×525 MW Tuticorin (BTG package) from SPIC Electric Power Corp. Pvt. Ltd. Notable orders in the Industry segment include three orders for 765 kV Substations from Powergrid for the first National Green Energy Corridor Project and the first commercial order for 400 kV GIS bay for 3×180 MW Chamera-1 HEP from NHPC, among others. In 2015-16, BHEL has firmly established itself as a leading supplier of eco-friendly supercritical sets in the country. During the year, 55% of the supercritical sets commissioned in the country, aggregating to 4,140 MW were contributed by BHEL. This includes the commissioning of its first highest-rating 800 MW set at Yeramarus, 700 MW set at Bellary, two 660 MW sets at Lalitpur and one each at Bara and Mouda.

Another notable achievement of the year was commissioning of 810 MW of hydro projects, the highest in the last 11 years. In the export market, marking a major milestone in the ‘Make in India’ initiative, Sudan’s largest thermal power plant, Kosti TPS (4×125 MW), was commissioned by BHEL on EPC basis. The power plant was inaugurated by the President of Sudan, H.E. Omer Hassan Ahmed El-Basheer. In 2015-16, BHEL also forayed into new markets with maiden orders from Belgium and Mozambique, expanding its global footprint to 78 countries. With its innovation-led growth strategy, the company continues to rank among the highest R&D spenders in the country in the engineering and manufacturing segment with an R&D expenditure at 3.34% of its turnover.

The R&D efforts of the company are aimed at improving the efficiency of existing products and developing new products, relevant to the needs of the country both in terms of technology & features vis-à-vis global benchmarks. During the year, BHEL filed the highest-ever 477 patents and copyrights in a year, enhancing the company’s intellectual capital to 3,441. Leveraging its experience of three decades in the Solar PV (SPV) business vertical, the company is capitalising on emerging opportunities in the segment. During the year, BHEL set a new record in its Solar PV business in a single year, by commissioning 40 MWp of SPV power plants. These include SPV plants for KPCL, NLC, GEDCOL, Electricity Board of Daman & Diu, and ONGC. In addition, turnkey orders for two Grid Interactive Solar PV Power Plants of 50 MW each from NTPC and first ever Solar Canal top project (1 MWp) from NREDCAP were received during the year. During 2015-16, BHEL recorded a Turnover of Rs.26,702 Crore (Provisional). With a Net Profit of Rs.396 Crore during Q4FY16, the company made a Net Profit (loss) of Rs.(877 Crore) during the year. The performance during the year has been impacted mainly due to continued subdued business environment, resulting in reduced level of operations and non-lifting of hold in most of the stranded projects. The company’s continued focus on cash realization during the year has resulted in a cash surplus situation.

The rising trend of debtors has also been arrested. Continuing its tradition of bagging prestigious national/international awards, BHEL and its employees won several awards during the year such as 7 Prime Minister’s Shram Awards, 10 Vishwakarma Rashtriya Puraskars, 5 National Safety Awards, EEPC’s Star Performer Award for the 25th year in succession, CBIP Award for Best Power Equipment Manufacturing Organisation, India Pride Award for Excellence in Heavy Industries, Greentech Environment Award in the Engineering Sector and, CII Championship Award. As a committed Corporate Citizen, BHELcontinued to undertake various socio-economic and community development programmes during the year. Major CSR projects undertaken during the year included 276 Bio-digester Toilets on the banks of the Ganges near Haridwar and Rishikesh; automated system for solid waste management in 14 wards of Varanasi under ‘Swachh Bharat’ and ‘National Mission for Clean Ganga’ initiatives.

Also, 16,500 individuals were trained at BHEL as part of the skill development initiative of the Government of India. BHEL considers ‘Make in India’ as an inflexion point to significantly scale up and diversify its business mix. New opportunities are emerging in defence, railways, solar and also in the conventional power sector – most importantly with a focus on enhancing technology depth. The company is building new capabilities and exploring new business models to take advantage of emerging big-ticket opportunities and is confident of regaining the growth momentum in the near future.

FICCI Delegation to accompany Petroleum & Natural Gas Minister on Iran Visit

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To re-energise trade in the Oil, Gas & Petrochemicals sector between India & Iran, a highpowered delegation led by Mr. Dharmendra Pradhan, Hon’ble Minister of State (I/C) for Petroleum & Natural Gas, Government of India will be visiting Iran, . Apart from PSUs, a strong private sector presence is being ensured by FICCI under the leadership of Mr. Y.K. Modi, Past President FICCI and Executive Chairman, GEECL and private sector players like the Essar Group, Reliance Industries Ltd, L&T, John Energy and Deepak Nitrite. This visit is in sync with our energy security imperatives and is extremely important from the perspective of foreseeable growth in India’s economic activity and crude oil & gas import requirements.

Pursuant to the sanctions imposed by the Western nations led by USA, oil trade between India and Iran which stood at $12 billion has virtually dried up. However, with the nuclear deal between Iran and P5 plus one, and end of sanctions on the Islamic Republic coming into effect, there is hope of revival of series of new, lucrative investment opportunities for India and Iran. The three-day visit would primarily focus upon ‘re-engaging with the resource-rich Iranian upstream, downstream & petrochemicals companies, to fuel India’s vast energy requirements’. We are hopeful that the discussions will enable the two regions to revive the economic relationship that has been disrupted in the last two years due, compelling India to break the traditional economic ties. This re-engagement with an old ally in a geopolitically sensitive area will not only counter-balance our strategic interests in the area but also help in ensuring Energy Security.

Mr. Y K Modi, Past President, FICCI and Executive Chairman, GEECL leading the FICCI Business Delegation stated that “given the fact that oil market is plagued by risk of high and low price cycles as a result of demand and supply shocks, in such circumstances, there is a need to jointly manage price risk and demand & supply shocks by both the consumer and producer nations. In a changing environment, India needs to position itself not only as a destination for Iran energy supplies but also as a hub of investments and provider of technology and services”. Due to abundant oil & gas endowment and geographic proximity, Iranian oil & gas sector is bound to act as a catalyst to boost the bilateral trade between the two regions. Iran will be equally interested to lock in Asian energy market on a long-term basis as the Western countries have successfully reduced their imports, through unconventional energy sources such as shale gas and strengthening renewables.

The visiting delegation looks forward to exploring the following avenues of cooperation:

· As natural gas forms the primary input for Petrochemical and Fertiliser plants, and India has achieved many decades of quality experience in construction and operation of these units, avenues for establishing these plants could be studied.

· From the Petrochemical industry perspective, the Indian companies are seeking opportunities to facilitate access to low-cost feedstock to make petrochemicals, which than can be imported into India for value addition for downstream industries right from textiles, plastics, paints, dyes, pharmaceuticals, etc · India constitutes immense potential in terms of unexplored and partially explored Oil & Gas acreage including offshore, deep-water and ultra-deep-water hydrocarbon blocks. Owing to geographical proximity and experience of Iran Exploration & Production, India looks towards building long term commercial partnerships.

· Opportunities in E&P services and unconventional hydrocarbons in the region and joint development of E & P and refining business, cooperation in the area of R&D, EPC, technology transfer and building local capacity.

· Setting up of the sub-sea pipeline, proposed by the private sector consortium from Chabahar/Ras al Jafan (Oman) to Porbander (South Gujarat) with a capacity to transport 1 Billion Standard Cubic Feet Per Day of gas (31.1 Million Cubic Meters Per Day).

· India also looks forward to playing a greater role in offering all possible support to contribute to the nation’s larger economic strengths and socio-political stability.