Stay updated with the latest procurement news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on procurement topics.
NEW DELHI: The Petroleum and Natural Gas Regulatory Board has revised the pipeline tariff norms with the aim of reducing wheeling cost for city gas service companies and expanding access to cleaner fuel in underserved areas.The revised norms have rationalised the tariff zones, which are based on wheeling distance, to two from three that existed till now. The Zone 1 tariff, which is lower than other zones, has been made applicable to all CNG and PNG projects throughout the country, no matter how ...Read More >
New Delhi: In a significant push for self-reliance in defence manufacturing, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Thursday granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals valued at approximately Rs 1.05 lakh crore. As per an official statement, all these procurements will be sourced indigenously, further strengthening India's commitment to 'Aatmanirbhar Bharat' in defence production. Key land and air systems cleared The ...Read More >
Bihar State Power Generation Company Limited (BSPGCL) has completed the auction for its standalone Battery Energy Storage System (BESS) project with a total capacity of 125 MW / 500 MWh. The auction was conducted under a Tariff-Based Competitive Bidding (TBCB) process to promote the development of energy storage infrastructure in the state. The tender was initially floated in March 2025 and invited bids for the development of a 500 MWh standalone BESS. A minimum project size of 20 MWh was requir ...Read More >
Dibrugarh: In one of the largest anti-encroachment drives in recent years, the Lakhimpur district administration on Thursday demolished 218 illegal homes and cleared 288 bighas of encroached land across three Village Grazing Reserves (VGRs).The eviction drive, which was conducted under the supervision of district commissioner (DC) Pronab Jit Kakoty and senior superintendent of police (SSP) Gunendra Deka, saw a massive deployment of police and paramilitary forces, along with 12 excavators, at Phu ...Read More >
New Delhi, Jul 3: The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has approved Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth approximately ₹1.05 lakh crore, all to be sourced indigenously. The approvals, granted under the Buy (Indian - Indigenously Designed, Developed and Manufactured) category, mark a significant boost to the country's drive for self-reliance in defence manufacturing. "These procurements will enhance mobility, stren ...Read More >
New Delhi [India], July 3 (ANI): The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, on Thursday, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to approx. Rs 1.05 lakh crore through indigenous sourcing. "The Defence Acquisition Council (DAC) chaired by Raksha Mantri Shri @rajnathsingh today accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to approx. Rs 1.05 lakh crore throug ...Read More >
New Delhi [India], July 3 (ANI): The Defence Acquisition Council (DAC) on Thursday cleared 10 capital acquisition proposals worth approximately Rs 1.05 lakh crore for procurement of indigenously sourced quick reaction surface-to-air missiles, naval vessels and more. The DAC accorded Acceptance of Necessity (AoN) for capital acquisition proposals, including the procurement of Armoured Recovery Vehicles, Electronic Warfare System, Integrated Common Inventory Management System for the Tri-Services ...Read More >
India's Defence Acquisition Council approved Rs. 1.05 lakh crore worth of indigenous arms and military equipment procurement. The Defence Acquisition Council of India has approved the start of a process to acquire arms and military equipment worth Rs. 1.05 lakh crore, the defence ministry said on Thursday. Acceptance of Necessity (AoN) for 10 capital acquisition proposals will be done through indigenous sourcing. According to the presser by the ministry, the AoNs were accorded for procurement ...Read More >
New Delhi, July 3 (SocialNews.XYZ) The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, on Thursday, gave the go-ahead for 10 proposals to purchase military hardware, including missiles and electronic warfare systems, worth approximately Rs 1.05 lakh crore through indigenous sourcing. The Council accorded its "Acceptance of Necessity (AoN) for the procurement of Armoured Recovery Vehicles, Electronic Warfare System, Integrated Common Inventory Management Sy ...Read More >
Mumbai, 03 JULY 2025: Indian Energy Exchange, India's premier electricity exchange, achieved monthly electricity traded volume of 10,852 MU in June '25, marking a 6.5% increase on year-on-year basis. A total of 32.32 lakh Renewable Energy Certificates were traded during the month, marking a 636% year on year increase For the first quarter of the fiscal year 2026, IEX achieved electricity traded volume of 32,382 MU, marking a 15% year on year increase. During the quarter, IEX traded 52.65 lakh r ...Read More >
New Delhi, Jul 3 (PTI) The defence ministry on Thursday cleared capital acquisition of military hardware and platforms worth approximately Rs 1.05 lakh crore. The procurement projects were cleared by the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The DAC accorded approval for procurement of armoured recovery vehicles, electronic warfare system, integrated common inventory management system for the tri-services and surface-to-air missiles, according to an offic ...Read More >
NBCC (India) said that it has secured a project management consultancy (PMC) contract worth Rs 354.88 crore from the Forest Development Corporation of Maharashtra (FDCM) for the Gorewada Zoo project. The contract pertains to providing project management and supervision services for the execution of the African Zoo, Safari Plaza, Animal Hospital, Quarantine Facility, and other allied works at the Gorewada Zoo. There is no interest from the promoter, promoter group, or group companies in the ent ...Read More >
VMPL Hyderabad (Telangana) [India], July 1: In a world where AI often feels overhyped or out of reach, MetaNova AI is engineering intelligent solutions that plug into real business workflows and deliver results within days. MetaNova AI is an Indian AI company based out of Hyderabad, backed by a team with decades of combined experience across India, the USA, UAE, and the EU. Together, they're building a growing AI ecosystem powered by intelligent agents that seamlessly automate processes and st ...Read More >
New Delhi, Jul 1 (PTI) Hindustan Power has bagged an order from state-owned SJVN for a 100 MW solar project to be set up along with a 200 megawatt hour (MWh) batter energy storage system. The inter-state transmission system (ISTS) project was secured through a tariff-based competitive bidding, followed by a successful e-reverse auction. It is a part of the 1200 MW ISTS-connected Solar PV power projects with 600 MW/2400 MWh Energy Storage Systems (ESS) to be set up anywhere in India, Hindustan ...Read More >
New Delhi: India's $1.2 billion AI Mission is turning into a big opportunity for homegrown cloud service providers, due to an increase in graphic processing unit (GPU) demand and government-backed infrastructure procurement. Local firms like Reliance Jio Platforms,Tata Communications Ltd and Hiranandani Group's Yotta Data Services are witnessing significant growth, buoyed by the Union government's push to build a massive compute backbone for artificial intelligence (AI). This is because these c ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in t ...Read More >
Mumbai: In a major boost to sustainable transportation and revenue generation, the Maharashtra State Road Transport Corporation (MSRTC) is set to establish the state's largest Registered Vehicle Scrapping Facility (RVSF) on its own land through a public-private partnership model. The facility will be located in Khultabad, Chhatrapati Sambhajinagar district, on a sprawling 100-acre MSRTC-owned parcel. The announcement was made by Maharashtra's Transport Minister and MSRTC Chairman Pratap Sarnaik ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwa ...Read More >
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Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into t ...Read More >
New Delhi, June 29 (SocialNews.XYZ) The Central government has disbursed Rs 1,162 crore under the Telecom Production-Linked Incentive (PLI) Scheme till March 31, according to data shared by the Department of Telecommunications (DoT) on Sunday. This scheme, launched on April 1, 2021, aims to boost domestic manufacturing and self-reliance in the telecom sector. It is scheduled to conclude at the end of the current financial year. Out of 42 companies shortlisted under the scheme, only 21 manufact ...Read More >
New Delhi, Jun 29 (PTI) Under the telecom production-linked incentive scheme, only 21 out of the 42 eligible manufacturers have been able to get incentives till March 31, 2025, as per data shared by the Department of Telecom. The Department of Telecom has disbursed Rs 1,162 crore for the telecom product-linked incentive scheme till March 31, this year. The telecom product-linked incentive scheme came into effect from April 1, 2021 and is scheduled to end this fiscal year. "Total incentive dis ...Read More >
Cuttack: Orissa high court has directed the higher education department to examine the plea of Kalinga Publishers and Booksellers Association, Cuttack, alleging favouritism in the selection of books meant for libraries of non-govt colleges and take appropriate action within 30 days.The bench of Justice B P Routray, who heard the writ petition on June 24, disposed it of at the admission stage without commenting on its merits. However, the court issued a clear direction to the secretary of the dep ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS v ...Read More >
From Lucknow To Stars: 5 Lesser-Known Facts About Shubhanshu Shukla - 1st Indian On International Space Station CBSE Supplementary Exam Schedule 2025: The Central Board of Education (CBSE) has officially released the timetable of the Class 10th and Class 12th Supplementary Exams. Students who could not clear the class 10th or 12th exams (not more than two) or want to improve their scores can check their exam schedule through the official website, i.e. cbse.gov.in. The exams will start from 15t ...Read More >
New Delhi, June 28 (UNI) The government will organise a 'Manthan Baithak' on June 30 with an aim to review the initiatives and schemes of the Ministry of Cooperation and evaluate the progress made so far. The 'Manthan Baithak' will be chaired by Union Minister of Cooperation Amit Shah and will see the participation of Cooperation Ministers of states and Union Territories. The primary objective of the 'Manthan Baithak' is to comprehensively review the initiatives and schemes of the Ministry of ...Read More >
CHENNAI: The Tamil Nadu government has requested the union government to release pending dues amounting to Rs 2,670.64 crore. These dues relate to expenses incurred by the state for paddy procurement, rice fortification, and subsidies for ragi and sugar. Of the roughly 2.25 crore ration cards in Tamil Nadu, the cost of supplying rice through the Public Distribution System (PDS) to 1.12 crore cards (covering 3.6 crore beneficiaries) is fully borne by the centre under the National Food Security A ...Read More >
New Delhi [India], June 28 (ANI): The Naval Investiture Ceremony, held at Nausena Bhawan, honoured several personnel of the Indian Navy with gallantry awards for their exemplary service. The awards were conferred to honour and recognise bravery, leadership, professional achievement, and distinguished service of Naval Personnel. Also Read | Ludhiana Suicide Case: Elderly Business Couple Dies by Suicide After Alleged Harassment by Bank Officials Over Loan Repayment, Probe Underway. A total of 5 ...Read More >
Each year, The Washington Post surveys thousands of employees across the D.C. region, recognizing companies that stand out for leadership, work-life balance, and commitment to their people. In 2025, only 96 organizations earned a spot on the list, representing the best in finance, technology, healthcare, and beyond. DCS is a fast-growing Salesforce consultancy that's made its mark by combining technical expertise with a people-first approach. DCS has worked with hundreds of clients across vario ...Read More >
Mumbai, Jun 27 (PTI) Sugar output is likely to increase by 15 per cent in sugar season 2025-26 to about 35 million tonnes on a favourable monsoon, a report said on Friday. India's gross sugar production is likely to rise 15 per cent in sugar season 2026 to about 35 million tonnes, aided by above-average monsoon, boosting cane acreage and yields in key sugar-producing states like Maharashtra and Karnataka, Crisil Ratings said in the report. The growth is expected to ease tightness in the domest ...Read More >
New Delhi, June 27 (SocialNews.XYZ) A robust micro, small, and medium enterprises (MSME) ecosystem is not only important but also essential for the country's sustainable economic development, President Droupadi Murmu said on Friday. Addressing the 'MSME Day' celebration in the national capital, she said that MSMEs are a strong pillar of the country's economy. "They contribute significantly to GDP and promote innovation at the grassroots level. These enterprises generate more employment opportu ...Read More >
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