PSUs commit Rs 100 cr to redevelop Badrinath Dham

07 May 2021 CW Team

India’s top oil and gas public sector undertakings (PSUs)—Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), Oil and Natural Gas Corporation (ONGC), and Gas Authority of India (GAIL)—have committed Rs 100 crore for the construction and redevelopment of Shri Badrinath Dham as a Spiritual Smart hill Town.

To redevelop the Badrinath Dham shrine in Uttarakhand, a Memoranda of Understanding (MOU) was inked on Thursday by the oil and gas PSUs and Shri Badrinath Utthan Charitable Trust.

The MOU was inked in the presence of the Uttarakhand Chief Minister Tirath Singh Rawat, Pradhan, and Uttarakhand Tourism Minister Satpal Maharaj.

Oil Minister Dharmendra Pradhan tweeted that it is a matter of great pride for our PSUs to be linked with the redevelopment of one of the holiest shrines of Dharma.

India's top oil PSUs will spend Rs 100 crore towards the Badrinath redevelopment project and will undertake several works for the beautification of the temple and its surroundings.

This is perhaps the first time top oil PSUs under one administrative ministry will fund for developing a religious shrine.

These PSUs will contribute Rs 99.60 crore in the first phase of the project. Under the MoUs, phase-1 will include various developmental activities such as river embankment work, building vehicular paths, building and beautifying existing bridges, establishing gurukul facilities.

The oil and gas PSUs will also contribute to the development of Kedarnath, Uttarkashi, Yamunotri, and Gangotri.

Image Source

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..