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 defence ministry on Tuesday signed a ₹1,950-crore deal with Bharat Electronics Limited (BEL) to equip the Indian Air Force with two mountain radars, associated equipment and the required infrastructure, strengthening the country's air defences. The contract is the last capital acquisition contract of financial year 2025-26. This radar is indigenously designed and developed by DRDO's Electronics and Radar Development Establishment and will be manufactured by BEL. "The installatio ...Read More >
Uttar Pradesh agriculture minister Surya Pratap Shahi on Tuesday said farmers would continue to benefit from the minimum support price (MSP) in the 2026-27 Rabi marketing season, asserting that transparency and direct payments remain the government's priority. Addressing media persons at Lok Bhawan, Shahi announced that procurement of gram, lentil and mustard would be carried out from April 7 to June 30 under an extensive, digitally monitored system. Payments will be made directly to farmers' A ...Read More >
Shimla (Himachal Pradesh) [India], March 31 (ANI): Indo-Tibetan Border Police (ITBP) is set to sign a Memorandum of Understanding (MoU) with the Government of Himachal Pradesh for the procurement of locally produced fresh vegetables, fruits, milk, paneer, meat, trout fish and other agricultural products. Under this arrangement, ITBP will directly source produce from farmers, cooperative societies and local producers. Also Read | PSSSB Group D Admit Card 2026 Released at sssb.punjab.gov.in, Kno ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. ...Read More >
Khammam: District Collector Anudeep Durishetty on Monday directed officials to take all necessary steps to ensure smooth and efficient procurement of paddy during the ongoing Rabi (Yasangi) 2025-26 season. Speaking at a preparatory meeting held at the Collectorate along with Additional Collector P. Srinivasa Reddy, the Collector stressed that the administration would closely monitor not only procurement operations but also timely payments to farmers. He noted that delays in payments at procure ...Read More >
New Delhi: The National Stock Exchange (NSE) has initiated the process for its long-awaited initial public offering (IPO) by reaching out to existing shareholders to gauge their interest in participating through the offer for sale (OFS) route, according to sources. In a communication to investors, the exchange has invited expressions of interest (EOI) from shareholders willing to offload part or all of their holdings as part of the proposed public issue. It marks a formal step forward in the NS ...Read More >
The chief minister made it clear that if any doctor still prescribes outside medicines, they must explicitly state on the OPD slip that the medicine is unavailable in the hospital. Responsibility for ensuring compliance will lie with the Chief Medical Officers (CMOs). Saini gave these directions while chairing a high-level review meeting here on the state's healthcare services. Additional Chief Secretary, Health and Family Welfare Department, Sumita Misra and Principal Secretary to the Chief Mi ...Read More >
Chandigarh, March 30 (UNI) Haryana Chief Minister Nayab Singh Saini has issued a stern directive to the state health department to implement a real-time centralised drug inventory system across all government hospitals. During a comprehensive review meeting of health services at the Secretariat on Monday, the Chief Minister emphasised that digital transparency regarding medicine availability is non-negotiable. Under the new system, physicians will be kept informed about the specific stocks avai ...Read More >
Navi Mumbai, March 30: The Navi Mumbai Municipal Corporation (NMMC) on Monday presented its budget for the financial year 2026-27, with Standing Committee Chairman Ashok Patil tabling estimates of Rs 6,704.43 crore in receipts and Rs 6,689.43 crore in expenditure before the general body for approval. Financial estimates and balances The civic body has projected a closing balance of Rs 15 crore, with an opening balance of Rs 1,265.83 crore carried forward into the new financial year. Alongside ...Read More >
Bhopal: The procurement of wheat at the minimum support price (MSP) for the Rabi Marketing Year 2026-27 in Madhya Pradesh, which was scheduled to begin from April 1, has now been rescheduled again. The government's new Standard Operating Procedure (SOP), issued on Monday, stated that the wheat procurement process in Bhopal, Indore, Ujjain, and Narmadapuram divisions will begin from April 10. Similarly, the procurement of wheat crops in Jabalpur, Gwalior, Rewa, Shahdol, Chambal, and Sagar divis ...Read More >
India's Defence Acquisition Council (DAC) has approved military procurement proposals valued at approximately Rs2,380bn ($25.14bn) on 27 March 2026. The council cleared acquisitions for the Indian Army, Air Force, and Coast Guard, covering a range of systems and equipment. The Indian Army received approval for procurement of the Air Defence Tracked System, Armoured Piercing Tank Ammunition, High Capacity Radio Relay, Dhanush Gun System, and Runway Independent Aerial Surveillance System. The A ...Read More >
New Delhi: Solarworld is doubling down on India's fast-growing energy storage space, picking up two sizeable battery projects from NTPC within minutes of each other on the same day. Secures twin BESS orders The company received two separate letters of award for battery energy storage system (BESS) EPC projects under NTPC's thermal power station programme (Lot-2). The larger contract covers 75 MW/150 MWh at the Solapur Super Thermal Power Station, valued at approximately INR 176.91 crore. The s ...Read More >
Flexibility: Unlike previous "freebie" models where the government distributed specific items, this scheme allows women to purchase or replace appliances of their choice, such as refrigerators, washing machines, microwaves, or induction stoves from local shops. Strategic Aim: This move is seen as a direct effort to consolidate the women's vote bank, especially with the political entry of actor Vijay and competing promises from the AIADMK. Major Welfare And Financial Pledges The DMK has propos ...Read More >
New Delhi: LPG production has been increased by 28 per cent through refinery directives in the last five days, and further procurement is actively underway, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said in the Parliament on Thursday. Stressing that the government's foremost priority is that the kitchens of India's more than 33 crore families, especially the poor and the underprivileged, do not face any shortage, Puri said domestic supply is fully protected, and the deli ...Read More >
New Delhi: LPG production has been increased by 28 per cent through refinery directives in the last five days, and further procurement is actively underway, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said in the Parliament on Thursday. Stressing that the government's foremost priority is that the kitchens of India's more than 33 crore families, especially the poor and the underprivileged, do not face any shortage, Puri said domestic supply is fully protected, and the deli ...Read More >
New Delhi, Mar 11 (PTI) State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said on Wednesday. "Domestic retail prices of fuels have remained largely steady since April 2022, despite swings in global oil and gas prices and the country's high dependence on imports," Moody's said i ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Ea ...Read More >
Bengaluru, March 2 (SocialNews.XYZ) Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, said on Monday that the Central government is committed to protecting the interests of tobacco growers in Karnataka. Kumaraswamy made the statement after a crucial meeting in Mysuru with public representatives from tobacco-growing regions, farmers, buyers, and senior officials of the Tobacco Board regarding the ongoing crisis related to the current FCV (Flue-Cured Virginia) tobacco auction in th ...Read More >
New Delhi, March 2 (SocialNews.XYZ) India's coal production recorded a robust 18.51 per cent increase in February this year compared with the same month of the previous year, with the output of captive and commercial coal mines going up to 20.49 million tonnes (MT), while dispatches reached 17.72 MT, according to an official statement issued on Monday. The strong year-on-year growth in coal production reflects the sustained operational momentum and progressive scaling up of mining activities ac ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Monday urged the opposition to engage in a direct and constructive discussion on paddy procurement in the assembly, accusing it of deliberately holding up debate despite repeated requests from the treasury bench. His remarks came even as BJD announced a protest in the city on Tuesday over the issue and stalled assembly proceedings for five consecutive days.Addressing a news conference, Pujari said procurement during the current kharif season was bro ...Read More >
Itanagar, Feb 23 (SocialNews.XYZ) Arunachal Pradesh Chief Minister Pema Khandu on Monday underscored the crucial role of the Micro, Small and Medium Enterprises (MSME) sector in driving India's economic growth, stating that since 2014, several policy interventions have been undertaken under the leadership of Prime Minister Narendra Modi to strengthen the country's economy. Under the MSME policies, there has been special emphasis on uplifting Scheduled Castes and Scheduled Tribes through the cre ...Read More >
Odisha Bandh, January 28: The Navnirman Krushak Sangathan (NNKS), a group that campaigns on farmers' issues, has called for a statewide Odisha Bandh on Wednesday, January 28. The bandh aims to demand the release of Rs 800 per quintal input assistance at state-run mandis and to remove middlemen and millers from the paddy procurement process. NNKS also raised objections to the installation of electricity smart meters and heavy penalties on vehicle owners under pollution certificate rules. The org ...Read More >
Under this partnership, Google will procure the project's energy attributes, such as carbon credits from ReNew, a company statement said. This long-term procurement is essential for the bankability of the project, and will also help Google make progress towards addressing its value chain emissions. Decarbonisation solutions company ReNew Energy Global Plc on Tuesday said it has partnered with technology giant Google for the development of a 150-megawatt (MW) solar project in Rajasthan. Under t ...Read More >
NEW DELHI, Dec. 17 (Xinhua) -- ReNew Energy Global plc, an Indian renewable energy company has said it signed an agreement with Google to build a 150 MW solar project in the western Indian state of Rajasthan. "Under this partnership, Google will procure the project's energy attributes from ReNew. This long-term procurement is essential for the bankability of the project, and will also help Google make progress towards addressing its value chain emissions," ReNew, a leading decarbonisation solut ...Read More >
MONTREAL - Loop Industries, Inc. (NASDAQ:LOOP) announced Tuesday that its India joint venture ELITe has awarded the detailed engineering contract for its Infinite Loop India project to Toyo Engineering India Private Limited. The company, currently trading at $0.96 per share with a market capitalization of $46.36 million, is moving forward with this strategic project despite recent stock volatility. This contract represents the final engineering phase before construction begins on the facility, ...Read More >
In a move to bolster agricultural productivity, the Deputy Commissioner of Bokaro has announced a streamlined paddy procurement initiative set to kick off this Monday. With seventeen centers primed for operation, the focus will be on the efficient handling of farmer registrations, accurate weighing, and stringent quality assessments. Bokaro: With paddy procurement set to begin statewide from Monday, deputy commissioner Ajay Nath Jha on Sunday asked senior district officials and their counterpar ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Antique Stock Broking on Tuesday initiated coverage on Adani Power Limited (APL) with a 'Buy' rating, setting a target price of Rs 187 per share. With the stock currently trading around Rs 144, the brokerage sees an upside potential of about 30 per cent, driven by strong earnings visibility, large capacity expansion plans and improving balance sheet strength. In its report, Antique said Adani Power is entering a multi-year earnings upcycle, supported by a sha ...Read More >
SEPC inked a memorandum of understanding (MoU) for the execution of a mining project worth Rs 3,300 crore in Madhya Pradesh. As per the company's regulatory filing, the MoU is with the JARPL-AT Consortium, jointly formed by Jai Ambey Roadlines and Avinash Transport for a mining project awarded by South Eastern Coalfields. The project pertains to the Rampur Batura Opencast Coal Mine Project, located in the Sohagpur Area of Shahdol district, Madhya Pradesh. The aggregate contract value of the pro ...Read More >
Lower battery storage tariffs seen boosting renewable integration; govt outlines global partnerships. The cost of battery energy storage systems (BESS) in India has declined sharply, with tariffs discovered through competitive bidding falling to as low as Rs 2.1 per unit (kWh), the government said in Parliament on Monday, signalling a major improvement in the economics of renewable power integration. In a written reply in the Rajya Sabha, the Ministry of Power said that earlier battery storage ...Read More >
Jamtara, Dec 15 (UNI) The Jharkhand government formally launched the Paddy Procurement Scheme for the Kharif Marketing Season 2025-26 through an online platform on Monday. The statewide procurement drive was inaugurated by Food, Public Distribution and Consumer Affairs Minister Dr. Irfan Ansari during a district-level programme held at the SGSY Training Building auditorium in Jamtara. With this launch, paddy procurement activities commenced simultaneously across all districts of the state. Add ...Read More >
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