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Public Sector Undertakings In Gujarat
Gujarat Government Organisations are the commercial and non-commercial establishments in the Indian state of Gujarat by Government of Gujarat or Government of India. This includes the state-run PSUs, Statutory corporations and co-operative societies. These commercial institutions are vital to the economic growth of this state. Gujarat has 97 state public sector undertakings (PSUs). In 2018, 50 PSUs posted profits according to CAG report. 5 Gujarat PSUs make into Fortune India 500. In 2018, Seven Gujarat PSUs also make it to D&B's India's top 500. Preface Public Sector Undertakings (PSUs) in Gujarat are established under different acts depending on their nature and purpose. Here are some of the important acts under which PSUs in Gujarat are established: * Companies Act, 2013: Many PSUs in Gujarat are established under the Companies Act, 2013. This act provides for the incorporation, functioning, and regulation of companies in India. Companies like Gujarat State Fertilizers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gujarat
Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories of India by area, fifth-largest Indian state by area, covering some ; and the List of states and union territories of India by population, ninth-most populous state, with a population of 60.4 million in 2011. It is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Gujarat's capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujarati people, Gujaratis are indigenous to the state and their language, Gujarati language, Gujarati, is the state's official language. The state List of Indus Valley civilisation sites#List of Indus Valley sites discovered, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surat
Surat (Gujarati Language, Gujarati: ) is a city in the western Indian States and territories of India, state of Gujarat. The word Surat directly translates to ''face'' in Urdu, Gujarati language, Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now the commercial and economic centre of South Gujarat, and one of the largest urban areas of western India. It has well-established diamond and textile industry, and is a major supply centre for apparels and accessories. About 90% of the world's diamonds are cut and polished in Surat. It is the second largest city in Gujarat after Ahmedabad and the List of most populous cities in India, eighth largest city by population and List of million-plus urban agglomerations in India, ninth largest urban agglomeration in India. It is the administrative capital of the Surat district. The city is located south of the state capital, Gandhinagar; south of A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dakshin Gujarat Vij Company Limited
Dakshin Gujarat Vij Company Ltd. is an electricity company that was incorporated on 15 September 2003 by Gujarat Electricity Board (GEB). The Company obtained the Certificate of the Commencement of Business on 15 October 2007. The company was one of several created as a part of efforts towards restructuring of the power sector in the state of Gujarat in India. Description DGVCL, Surat. The company is involved in electricity sub-transmission distribution and retail supply in the State of Gujarat or outside the State. Their mandate is to establish and use a power system network and to buy and sell electrical energy, and to collect information with an eye towards further system improvements. The Gujarat Electricity Industry (Re-Organization & Regulation) Act 2003 paved the way for comprehensive reform and restructuring of the State Electricity Board with an aim to restructure the Electricity Industry in a manner that will ensure the long term viability and sustainability of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mehsana
Mehsana (), also spelled Mahesana, is a city and the headquarters of Mehsana district in the Indian state of Gujarat. Established in 14th century, the city was under Gaekwad dynasty, Gaekwads of Baroda State from 18th century to the independence of India in 1947. Dairy, oil and natural gas are major industries in the city. History Jaisinh Brahmabhatt describes the following legend in his poems from 1932 AD: Mehsana was established by Mehsaji Chavda, Rajput heir of the Chavda dynasty. He constructed the ''Torana'' (arc gate) of the city and a temple dedicated to Goddess Toran on Bhadrapad Sud 10 in Vikram Samvat 1414 (1358 AD). The legend is corroborated in ''Pragat Prabhavi Parshwanath athva Parshwanathna Chamatkaro'' published in Vikram Samvat 1909 (1823 AD) by Manilal Nyalchand Shah who also mentioned in it that Mehsaji built a temple dedicated to Chamunda. Another legend says that Mehsaji established the town in Vikram Samvat 1375 (1319 A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uttar Gujarat Vij Company Limited
Since 2013, the total primary energy consumption in India has been the third greatest in the world (see world energy consumption) after China and the United States. Having the largest national population of over 1.4 billion people, though, its per capita energy consumption is still in the lower half of all nations'. India was a net energy importer to meet nearly 47% of its total primary energy in 2019. While much of its energy comes from fossil fuels, as of 2024, India is in the midst of a very rapid growth of solar and other renewable energy. However, this page currently only discusses the country's fossil fuel–based energy. For information about its renewable energy sources, see the page Renewable energy in India. Overview In 2022-23, Total Primary Energy Supply (TPES) per capita is 25,745 mega joule whereas Total Final Consumption per capita is 16,699 mega joule. Electricity consumption per capita is 1015 kWh in 2022-23. The energy intensity of agriculture is s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gujarat State Electricity Corporation Limited
Gujarat State Electricity Corporation Limited (GSECL) is a wholly owned subsidiary of the Gujarat Urja Vikas Nigam (GUVNL), which came into existence in August 1993 after the unbundling of the Gujarat Electricity Board. It is a power generation company working in the territory of Gujarat, India. It delivers electricity through four distribution companies – DGVCL, MGVCL, PGVCL and UGVCL. Profile Gujarat State Electricity Corporation Limited was incorporated in August 1993 with the objectives to mobilise resources from the market for adding to the generating capacity of Gujarat and improving the quality and cost of existing generation. GSECL is involved in a wide spectrum of activities to improve the electricity infrastructure and generation of power in Gujarat and has the status of Independent Power Producer (IPP) with approval to undertake new power projects. The Company commenced its commercial operation in the year 1998. As a part of the reform process, the Governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vadodara
Vadodara (), also known as Baroda, is a city situated on the banks of the Vishwamitri River in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district. The city is named for its abundance of banyan (''vad'') trees. Vadodara is also locally referred to as the ''Sanskrutik Nagari'' () and ''Kala Nagari'' () of India. The city is prominent for landmarks such as the Laxmi Vilas Palace, which served as the residence of the Maratha royal Gaekwad dynasty that ruled over Baroda State. It is also the home of the Maharaja Sayajirao University of Baroda. Etymology The city was once called Chandanavati after Raja Chandan of the Dod Parmar Rajputs. The capital was also known as Virakshetra (Land of Warriors). Later, it was known as Vadpatraka or Vadodará, and according to tradition, is a corrupt form of the Sanskrit word ''vatodara'', meaning "in the belly of the banyan tree". It is, as of 2009, almost impossible to ascertain when the vario ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gujarat Urja Vikas Nigam Limited
Since 2013, the total primary energy consumption in India has been the third greatest in the world (see world energy consumption) after China and the United States. Having the largest national population of over 1.4 billion people, though, its per capita energy consumption is still in the lower half of all nations'. India was a net energy importer to meet nearly 47% of its total primary energy in 2019. While much of its energy comes from fossil fuels, as of 2024, India is in the midst of a very rapid growth of solar and other renewable energy. However, this page currently only discusses the country's fossil fuel–based energy. For information about its renewable energy sources, see the page Renewable energy in India. Overview In 2022-23, Total Primary Energy Supply (TPES) per capita is 25,745 mega joule whereas Total Final Consumption per capita is 16,699 mega joule. Electricity consumption per capita is 1015 kWh in 2022-23. The energy intensity of agriculture is s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmedabad
Ahmedabad ( ), also spelled Amdavad (), is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per the 2011 population census) makes it the fifth-most populous city in India, and the encompassing urban agglomeration population was estimated at 8,854,444 (as of 2024) is the seventh-most populous in India. Ahmedabad is located near the banks of the Sabarmati River, from the capital of Gujarat, Gandhinagar, also known as its twin city. Ahmedabad has emerged as an important economic and industrial hub in India. It is the second-largest producer of cotton in India, due to which it was known as the 'Manchester of India' along with Kanpur. Ahmedabad's stock exchange (before it was shut down in 2018) was the country's second oldest. Cricket is a popular sport in Ahmedabad; a newly built stadium, called Narendra Modi Stadium, at Mote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
