NGEF
| Public (PSU) State-owned enterprise | |
| Industry | Electrical |
| Founded | 1956 |
| Headquarters | Bangalore, Karnataka, India |
| Products | pump sets transformers motors switchgear power electronics semi conductor devices mechanical engineering |
NGEF (New Government Electrical Factory) of Karnataka in India was an ISO 9001 certified company with German collaborators and known for technology. It is taken as an example of an Indian company that declined.
NGEF was incorporated as a company in 1956 in partnership with the former company AEG (Aktiengesellschaft or Allgemeine Elektricitäts-Gesellschaft Aktiengesellschaft) of Germany. It had six divisions — transformer, motors, switchgear, power electronics, semi conductor devices and mechanical engineering. NGEF was once a leader in pumps, electric motors and switch gears in Bangalore.
It manufactured pump sets, to provide continuous water supply for farms, and motors, to power the pumps, hence contributing its bit to increase agricultural production. NGEF also helped the Railways Modernisation Programme by executing seven major contracts for equipping 20 traction substations in the Central and Western Railways. It also manufactured the electrical components for the Kolkata Metro Line 1.
There were allegations made against Ramakrishna Hegde by opposition leaders, in a case involving the transfer of shares by the NGEF company which was owned by the Karnataka state Government and run by public servant officers. In the mid-1980s the Indian Navy was to buy HDW submarines and torpedoes from AEG-T. NGEF, AEG's technical collaborator in India, was legally entitled to a commission on every AEG sale in the country. Instead it was found that AEG ended up paying bribes to public servants instead of the due commission. It was also alleged that Ramakrishna Hegde and J. H. Patel (both had been Chief Ministers of Karnataka) had joined with the NGEF administrators to deny the company the commission. An inquiry by retired judge Alvares found Commercial Director Srivathsa guilty of forging documents under orders from NGEF chairman Rao. The case was referred to the CBI who registered a FIR in March 1990. The bribes were found to have been routed to highly placed persons through Delhi-based Roger Enterprises. The COD headed by Diwakar also launched an investigation and presented a report to the Home Department in October 1996.
...
Wikipedia