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, Dec 15 (PTI) Batter energy storage system (BESS) cost has fallen steeply to Rs 2.1 per unit from about Rs 10.18 per unit discovered through tariff-based competitive bidding during 2022-23, Parliament was informed on Monday. The cost of BESS discovered through tariff-based competitive bidding during 2022-23 was about Rs 10.18/kWh, if the storage is used for two cycles daily, a power ministry statement said. According to the statement, the cost of BESS discovered through competitive b ...Read More >
New Delhi, Nov 17 (SocialNews.XYZ) India's cotton production is seeing a steady transformation with the government's new Rs 600 crore Kapas Kranti Mission, which is not only using advanced farming methods but also ushering the sector into the digital ecosystem. With the new initiative, every stage of cotton cultivation -- from seed to sale -- will focus on science, technology, and innovation. It will enable farmers in India's cotton-growing regions to boost productivity through high-density pla ...Read More >
New Delhi [India], November 14: The 9th Indian Cement Review Awards 2025 and the Multilogistix Awards 2025 concluded with a high-profile awards presentation at Yashobhoomi Convention Centre, New Delhi, recognising excellence across the cement and logistics sectors. The ceremony brought together industry leaders, policy makers, jury members and senior executives to honour outstanding performance, innovation, sustainability efforts and value creation over the assessment period. Also Read | Tata M ...Read More >
VMPLNew Delhi [India], November 14: The 9th Indian Cement Review Awards 2025 and the Multilogistix Awards 2025 concluded with a high-profile awards presentation at Yashobhoomi Convention Centre, New Delhi, recognising excellence across the cement and logistics sectors. The ceremony brought together industry leaders, policy makers, jury members and senior executives to honour outstanding performance, innovation, sustainability efforts and value creation over the assessment period.The Indian Cemen ...Read More >
New Delhi, Nov 10 (PTI) India and Vietnam on Monday inked a pact to set up a framework for submarine search, rescue and support mechanism in case of any eventualities. The two sides also signed a letter of intent (LoI) to strengthen bilateral defence industry collaboration. The documents were signed after the two sides held the 15th edition of India-Vietnam Defence Policy Dialogue (DPD) in Hanoi. It was co-chaired by Defence Secretary Rajesh Kumar Singh and Deputy Minister of National Defence ...Read More >
In an e-mail sent to civil aviation minister Ram Mohan Naidu, secretary Samir Kumar Sinha and Airports Authority of India (AAI) chairman Vipin Kumar on Sunday, the Air Traffic Safety Electronics Personnel Association (ATSEPA-India) said the disruption was a result of "technology failure, not manpower shortage," pointing to the obsolete Aeronautical Message Switching System (AMSS) that "lacks redundancy and modern capability." "The recent operational disruptions at Delhi Airport have once again ...Read More >
The government would ensure that farmers receive the Minimum Support Price (MSP) of ₹8,110 per quintal as fixed by the Centre, Minister for Agriculture K Atchannaidu said Andhra Pradesh Agriculture Minister K. Atchannaidu has directed officials to commence cotton procurement across the State from Wednesday through the Cotton Corporation of India (CCI). The Minister issued instructions to immediately operationalize 30 procurement centres to ensure that farmers do not suffer losses due to the c ...Read More >
State-owned Convergence Energy Services (CESL) is set to open a mega tender next month to procure 10,900 electric buses for cities including Hyderabad, Surat, Ahmedabad, Delhi and Bengaluru, marking a significant step in India's transition to zero-emission public transport. As per PTI, the tender is scheduled to open on 6 November 2025, comes under the National Electric Bus Programme and will cover multiple bus categories, including Standard Floor, Low Floor, and BRT models, both AC and non-AC. ...Read More >
All Central teams scheduled to assess moisture levels in newly harvested paddy across the Cauvery delta abruptly cancelled their inspections on Saturday, leaving farmers at direct procurement centres in Thanjavur, Mayiladuthurai, Tiruchi and Pudukkottai stranded and frustrated. The exercise, organised to advise whether the standard 17% procurement moisture limit should be relaxed after persistent rain, had been widely publicised and prompted local TNCSC staff to prepare collection centres. Grow ...Read More >
New Delhi: India on Monday flagged serious concerns over increasingly "constricted" energy trade, selective application of norms and market access issues, in remarks that came against the backdrop of its frosty ties with the US over its procurement of Russian crude oil. In an address at the East Asia Summit in Kuala Lumpur, External Affairs Minister S Jaishankar also said that the world must adopt a policy of "zero tolerance" towards terrorism as the right of defence against the menace can neve ...Read More >
Khanapur: Local MLA Vedma Bojju Patel stressed on the importance of farmers making full use of the maize procurement centres established by the government. He stated that these centres were set up to ensure farmers receive a fair Minimum Support Price (MSP) for the crops they cultivate with great effort over six seasons. To protect farmers from exploitation by middlemen and brokers, he encouraged them to sell their produce directly at government procurement centres. "The Telangana government has ...Read More >
Lucknow: The state govt on Thursday said that its policies were receiving strong support from the state's farmers. To back its claim, the state govt cited the example of the registration of 1.37 lakh farmers for paddy procurement. Against a target of opening 4,000 procurement centres, 3,790 have been made operational."These centres are proving highly beneficial for farmers, with procurement being carried out at the Minimum Support Price (MSP)," a state govt spokesperson said. Procurement began o ...Read More >
Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procurement amounting to appr ...Read More >
Infrastructure major Larsen & Toubro (L&T) has secured significant orders from Hindalco and Tata Steel. L&T will set up an 180 KTPA aluminium smelter and gas treatment centre for Hindalco's Odisha project, and a coke oven battery for Tata Steel in Jamshedpur. These wins highlight L&T's expertise in the minerals and metals sector. New Delhi, Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Od ...Read More >
In a significant move, India's Defence Ministry has authorized an expansive ₹79,000 crore procurement plan. This initiative marks the beginning of production for four large amphibious warships within the country's borders. The Defence Acquisition Council has also given the nod for advanced anti-tank missiles, cutting-edge high mobility vehicles, and a next-gen long-range drone. The defence ministry has given the go-ahead for procurement worth ₹79,000 crore, including four large amphibious wa ...Read More >
Over 350 distilleries face an uncertain future due to inadequate procurement orders in the latest ethanol tender. Industry bodies criticize the allocation methodology, alleging it favors new entrants over existing units and ignores surplus capacity in neighboring states, potentially jeopardizing the sustainability of India's ethanol ecosystem. New Delhi, More than 350 operational distilleries across the country are facing an uncertain future due to inadequate procurement orders under the latest ...Read More >
New Delhi: More than 350 operational distilleries across the country are facing an uncertain future due to inadequate procurement orders under the latest ethanol tender, with industry bodies flagging concerns over the allocation methodology that favours new entrants over existing units. The Ethanol Supply Year (ESY) 2025-26 tender issued by Oil Marketing Companies (OMCs) has come under fire from stakeholders who allege that the allocation criteria is creating artificial imbalances, while sideli ...Read More >
A proposal to raise the Agniveer retention rate from the current 25 per cent to up to 75 per cent, along with measures to enhance jointness among the three services and review the implementation of Mission Sudarshan Chakra, are likely to be among the key issues on the agenda at the Army Commanders Conference in Jaisalmer starting Thursday, The Indian Express has learnt. The first batch of Agniveers will complete their four-year tenure next year and, therefore, their retention is on the agenda. ...Read More >
The Indian Army is on the brink of a major enhancement to its firepower, announcing a deal to procure 4.25 lakh innovative carbines at an investment of Rs 2,700 crore. Bharat Forge and PLR Systems are at the helm of this significant supply agreement, designed to boost the operational capabilities of troops. In a major success for the indigenously-produced rifles, the Indian Army has signed a contract to buy 4.25 lakh close-quarter carbines, of which 2.5 lakh would be supplied by Bharat Forge, w ...Read More >
Vijayawada: Chief Secretary K. Vijayanand directed the state power utilities to ensure 24x7 uninterrupted and reliable electricity supply while maintaining strict financial prudence in procurement. Chairing a review meeting with senior officials of APGenco, APTransco, Discoms, and NREDCAP on Thursday, he reiterated the need for dynamic and cost-effective procurement strategies through continuous monitoring of market prices and renewable energy trends. The Chief Secretary noted that power avail ...Read More >
New Delhi, Oct 23 (PTI) Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procu ...Read More >
Senior Congress leader P Chidambaram on Wednesday questioned the reported move made by the Office of Lokpal to initiate the process of purchasing seven BMW 330 Li (Long Wheel Base) luxury cars for its use. Senior Congress leader P Chidambaram on Wednesday questioned the reported move made by the Office of Lokpal to initiate the process of purchasing seven BMW 330 Li (Long Wheel Base) luxury cars for its use. Chidamabaram asserted that even Supreme Court judges are provided modest sedans and fu ...Read More >
Chennai: TN Cooperative Marketing Federation (Tanfed) will not come under the ambit of the RTI Act since it is neither substantially financed by state govt nor owned or controlled to declare it a public authority, state information commission ruled.Rejecting an appeal filed by Neiveli-based petitioner B Jothibasu, who said state govt has substantial share capital (63 lakh) in Tanfed and hence is a public authority under Sec 2(h) of RTI, the commission accepted Tanfed's arguments that state govt' ...Read More >
The Indian Army is enhancing its capabilities through a new partnership with Delhi Technological University. This collaboration will focus on research and training in critical areas like defence technology, artificial intelligence, and cybersecurity. Additionally, the Army is acquiring advanced night sights for its SIG 716 assault rifles. This procurement will significantly improve target engagement capabilities for soldiers. New Delhi: The Indian Army marked a key milestone by signing a memora ...Read More >
New Delhi, Oct 21: Anti-graft ombudsman Lokpal has floated a tender to procure seven luxurious BMW cars, collectively worth around Rs 5 crore, drawing condemnation from opposition parties and anti-corruption activists who questioned the institution's priorities and performance record. According to the tender and the manufacturer's website, the long-wheelbase sedan, with an on-road price of approximately Rs 69.5 lakh per unit in Delhi, is described as the longest and most spacious car in the seg ...Read More >
Gurugram (Haryana) [India], October 21 (ANI): A massive fire broke out at a warehouse in Rathiwas village of Gurugram on Monday evening. Six fire tenders were present at the spot. More details regarding the incident are still awaited. Also Read | Haryana Fire: Massive Blaze Erupts at Showroom in Gurugram; Efforts Underway to Douse Flames (Watch Videos). In another incident, a fire broke out at the Bhadasiya fruit market in Jodhpur. Efforts are currently underway to douse the flames. Also Re ...Read More >
Addressing the gathering, Devraj Thakur, president of the HRTC association, said, "We have been deceived by the management and the state government. The Himachal Pradesh government adopted the new pay scale scheme in 2016, but the arrears from 2016 to 2022 are still pending. Since April 1, 2024, not a single retired employee has received even ₹1 as pension." He added that for the past four years, no medical reimbursement claims had been cleared. "Over 500 retired employees have passed away in ...Read More >
New Delhi [India], October 18 (ANI): The Patiala house court on Saturday rejected the plea of Ashok Kumar Pal, CFO of Reliance Power, challenging his arrest in the money laundering case. The Enforcement Directorate has apprehended him in connection with this case. He is being held in judicial custody after undergoing ED interrogation. Special judge Kiran Gupta rejected the plea moved by Ashok Kumar Pal. Also Read | Diwali 2025 Bank Holidays: Banks To Remain Closed on These Dates in Fourth Week ...Read More >
Infosys, on Tuesday said it has been awarded a £1.2 billion, 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver Future NHS Workforce Solution. As per the contract, Infosys would develop a cutting-edge, data-driven workforce management solution, that would replace the existing Electronic Staff Record (ESR) system, and facilitate payroll functions for 1.9 million NHS employees in England and Wales who are paid £55 billion annually, said a press release. According to a c ...Read More >
HYDERABAD: Telangana has emerged as the leading paddy-producing state in India, said Civil Supplies and Irrigation Minister N Uttam Kumar Reddy, with the government making extensive arrangements for the ongoing Kharif paddy procurement season. On Wednesday, Uttam, along with Agriculture Minister Thummala Nageshwar Rao, chaired a video conference at the Secretariat with district collectors on procurement preparedness. Addressing the meeting, Uttam said Telangana achieved a record paddy yield of ...Read More >
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