Ramagundam is the most populous city in the Peddapalli district of the Indian state of Telangana. The city obtains its name from the combination of two words - Rama refers to the Hindu God, Lord Rama; Gundam means "water springs." Located on the banks of the Godavari, the city is often called the city of energy. The city hosts around 2.3 lakh residents who mostly speak in Telugu and are employed in the various industrial sectors present in the area. Roads, railway and a local airport ensure a great connectivity to this city. Ramagundam is situated in the Godavari valley coalfields. It has one of Indias largest thermal power stations owned by NTPC. Some of the industries that have flourished in the area are Fertilizer Corporation of India, Kesoram Cement, National Fertilizers Limited, TSGENCO thermal power station, Engineers India Limited, Kesoram (Birla) cement factories, etc. The NTPC plan at Ramagundam is undergoing dynamic upgrades which would help in earning carbon credits against the use of solar power as a renewable energy source. Additionally, an irrigation project called Sripada Yellampalli project, and the very first Solar Power Plant are being set up at Ramagundam
the UCO Bank was founded in 1943 in Kolkata. It is a major government-owned and commercial bank of India also known as the United Commercial Bank. Its total business was ? 4.55 lakh crore during FY 2013-14. It was ranked 1860 on Forbes Global 2000 List by 2014 data. According to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, the Bank was ranked 294th among Indias most trusted brands. It was a difference of 796 ranks considering its previous position among Indias most trusted brands in the Brand Trust Report 2013. The bank had 4,000 additional service units, 49 zonal offices across India as of 30 March 2017. Outside India, it has two offices in Singapore and Hong Kong. The corporate office of UCO bank is on BTM Sarani, Kolkata. Shri Ghanshyam Das Birla, an influential industrialist, got the idea of establishing a commercial bank with the Indian capital during the Quit India movement of 1942, and as a result, the United Commercial Bank Limited was incorporated. The bank was started in Kolkata with an issued capital of ?2 crores and a paid-up capital of ?1 crore. The Board of Directors of UCO Bank included notable personalities of India alongside Shri Ghanshyam Das Birla as its chairman. The bank opened 14 branches simultaneously across India. Presently Mr.Ravi Krishan Takkar is the chairman and MD of UCO Bank.