3 days ago
Tricolour hoisted across PSUs in Vizag on Independence Day
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Visakhapatnam
: Gaiety and pomp marked
Independence Day celebrations
at public sector units (PSUs) in Visakhapatnam. The Tricolour was hoisted at Hindustan Shipyard Limited (HSL), Vizag Steel Plant (VSP), Dredging Corporation of India Limited (DCIL), Visakhapatnam Port Authority (VPA) and other institutions.
HSL CMD Cmde Girideep Singh (Retd) said employees' commitment and hard work propelled HSL to a historic turnover of Rs 1,471 crore and a PAT of Rs 213 crore in FY 2024–25, with progress toward Mini Ratna status in the coming months. Emphasising future direction, he outlined HSL's adoption of Industry 4.0 practices, operational excellence initiatives, infrastructure modernisation, and upgrades in accounting standards—not merely as physical improvements, but as strategic enablers to meet the challenges of the next stage of growth.
Visakhapatnam Port Authority (VPA) chairman Dr Angamuthu assured the people of Visakhapatnam that the port, in close coordination with the state government and local authorities, is working diligently to combat pollution and improve living conditions in the city. Highlighting the port's performance, he noted that VPA achieved its highest-ever cargo handling in the last financial year and expressed confidence in maintaining the momentum this year.
Dredging Corporation of India Limited (DCIL) MD and CEO Durgesh Kumar Dubey said the company successfully executed several critical dredging assignments at major Indian ports—including JNPA, Cochin, Paradip, SMP Kolkata, VPA—and inland dredging works in the North-East during FY 2024–25. Further fortifying its leadership in the maritime sector, DCIL recently secured new dredging contracts for prominent ports such as JNPA, Paradip, and Puducherry, setting the course for sustained growth in the years ahead.
Hindustan Petroleum Corporation Limited (HPCL) Visakha Refinery executive director (in-charge) R Ramakrishna, along with CGM (HR) G Kiran Kumar, stated that the mega Visakh Refinery Modernisation Project, which will increase refining capacity to 15 MMTPA, is progressing as planned. They mentioned the smooth commissioning of the new units on time.
Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant, director (Personnel) Dr Suresh Chandra Pandey highlighted recent developments at the plant.
He stated that the restart of Blast Furnace-3 marks a significant milestone—not merely an operational success, but a testament to resilience and unwavering determination to progress.
The CMD of EPDCL, Prithvitej Immadi, stated that the company has been providing uninterrupted power services with the highest quality standards to 7.3 million consumers within its jurisdiction. Transmission and distribution losses have been reduced to less than 5.8%, positioning the company at the forefront nationwide.
He mentioned that free electricity has been provided to 23,024 houses in PVTG tribal areas, 1,979 houses under the DA-JGUA scheme, and 13,000 non-PVTG houses.
Under the Prime Minister's Surya Ghar Yojana, 63.522 megawatts of solar rooftop systems have been installed on 19,385 homes, leading the state. As part of the RDSS scheme, new feeders have been established with an investment of Rs 3,004 crore for 24x7 three-phase power supply to rural areas, and 33 kV and 11 kV underground cables are being installed across Visakhapatnam city.
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