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New Delhi, 22 August 2019: Dun & Bradstreet (D&B), the world’s leading provider of global business information, recognised the stellar role played by Indian PSUs (Public Sector Undertakings) in the socio-economic development of the country at the annual ‘PSU Awards 2019’. Dun and Bradstreet India presented a total of 35 awards across sectors such as power, fertilizers, engineering, oil & gas, steel, and financial services. The winners were selected by D&B’s propriety model, based on several parameters such as total income, profitability, industry overview and more (full list of winners below).
The event also witnessed the showcasing of the 12th edition of Dun & Bradstreet India’s annual publication titled, India’s Top PSUs 2019’ - a compendium featuring a comprehensive listing of central PSUs across the country.
Manish Sinha, Managing Director, Dun and Bradstreet India said, ‘‘In the years since independence, Government-Owned Enterprises (GOEs) have played an important role in our country, specifically in two areas: they have provided balanced regional development and have played an important role in equitable redistribution of wealth and income. To achieve the target of making India a US$ 5 trillion economy, the government would like the GOEs to play a bigger role by increasing their contribution to 10% of GDP from the current level of 5%.’’
The full list of winners –
Dun & Bradstreet PSU Awards 2019
Sr No |
Name of the Sectoral Category |
Award Winner |
1 |
Crude Oil |
Oil and Natural Gas Corporation Limited |
2 |
Minerals & Metals |
NMDC Limited |
3 |
Coal |
Northern Coalfields Limited |
4 |
Power Generation |
NTPC Limited |
5 |
Power Transmission |
Power Grid Corporation of India Limited |
6 |
Fertilizers |
National Fertilizers Limited |
7 |
Heavy & Medium Engineering |
Bharat Heavy Electricals Limited |
8 |
Petroleum (Refinery & Marketing) |
Indian Oil Corporation Limited |
9 |
Contract & Construction And Technical Consultancy Services |
Rail Vikas Nigam Limited |
10 |
Financial Services |
Power Finance Corporation Limited |
11 |
Hotel And Tourist Services |
Indian Railway Catering and Tourism Corporation Limited |
12 |
Telecommunication & Information Technology |
RailTel Corporation of India Limited |
13 |
Banks |
State Bank of India |
14 |
Life Insurance |
Life Insurance Corporation of India |
15 |
General Insurance |
The New India Assurance Company Limited |
16 |
Re-insurance |
General Insurance Corporation of India |
17 |
Best Growth Performance - Contract & Construction And Technical Consultancy Services |
Rail Vikas Nigam Limited |
18 |
Best Growth Performance - Financial Services |
Indian Railway Finance Corporation Limited |
19 |
Best Growth Performance - Heavy & Medium Engineering |
Goa Shipyard Limited |
20 |
Best Growth Performance - Minerals & Metals |
MOIL Limited |
21 |
Best Growth Performance - Petroleum (Refinery & Marketing) |
Indian Oil Corporation Limited |
22 |
Best Maharatna In Manufacturing |
Indian Oil Corporation Limited |
23 |
Best Navratna In Manufacturing |
Hindustan Petroleum Corporation Limited |
24 |
Best Miniratna In Manufacturing |
Mangalore Refinery and Petrochemicals Limited |
25 |
Best Navratna In Services |
Power Grid Corporation of India Limited |
26 |
Best Miniratna In Services |
Indian Railway Finance Corporation Limited |
27 |
Best Maharatna In Mining & Exploration |
Oil and Natural Gas Corporation Limited |
28 |
Best Navratna In Mining & Exploration |
NMDC Limited |
29 |
Best Miniratna In Mining & Exploration |
Northern Coalfields Limited |
30 |
Overall Best Maharatna |
Indian Oil Corporation Limited |
31 |
Overall Best Navratna |
Power Grid Corporation of India Limited |
32 |
Overall Best Miniratna |
Northern Coalfields Limited |
33 |
Best Corporate Social Responsibility Initiatives |
Oil and Natural Gas Corporation Limited |
34 |
Best Swachh Bharat Initiatives |
Oil and Natural Gas Corporation Limited |
35 |
Best Export Performance |
National Aluminium Company Limited |
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