Kochi Metro gets loan offer worth Rs1000 cr from France
Thiruvananthapuram: Kochi Metro rail project is likely to get a loan of Rs1,000 crore from the French development agency, Agence Française de Développement(AFD). According to official sources, the...
View ArticleMulk Holdings commissions $10 mn plant
Mumbai: UAE-based diversified conglomerate Mulk Holdings has commissioned a $10 million manufacturing plant for Alubond USA Composite Panels in Mumbai, which on completion will create over 2,000 jobs....
View ArticleIndia likely to have another 1,300-1,400 MW in 2013
New Delhi: World’s leading clean energy consulting company Mercom Capital Group has expressed in its report that India is likely to see additional installation of 1300 MW to 1400 MW of solar power this...
View ArticleOm Metals wins order worth Rs54 cr
Mumbai: Om Metals Infraprojects bagged an order worth Rs54 crore from the Ministry of Water Resources, Nepal. Scope of work under the said order involves design, supply, fabrication and commissioning...
View ArticleONGC outlines Rs4,051 cr investment to rebuild offshore facilities in Arabian...
Tripura: State-run Oil & Natural Gas Corporation (ONGC)plans to shed an investment of Rs4,051 crore to rebuild old offshore facilities in the Arabian Sea. The public owned firm also disclosed three...
View ArticleAssam govt outlines Rs531 cr for power sector
Dispur: Assam government has outlined an investment of about Rs531 crore and Rs118 crore under Non-Plan for the state run power segment, for the current financial year. The state faced a deficit of 350...
View ArticleCabinet clears BHPV-BHEL merger
New Delhi: The Union Cabinet announced the approval of merger between Bharat Heavy Plate and Vessels Ltd. (BHPV) Vishakhapatnam and Bharat Heavy Electricals Limited (BHEL), New Delhi. According to a...
View ArticlePhase I of mega steel plant will be commissioned by 2018: Posco
Bhubaneswar: The Korean steel giant, Posco expressed in a statement that the company’s much awaited mega steel plant in Odisha’s Jagasinghpur district might be commissioned in 2018. According to a...
View ArticleJSW to import 5 MT iron ore to operate plants
Bangaluru: In a move to nudge the increasing shortages of iron ore, Country’s leading steel maker JSW Steel mulls to import 5 million tonnes of the raw material to operate plants in Salem, Tamil Nadu,...
View ArticleEEPC bestows Aker Powergas with ‘Star Performer of the Year’ award
Mumbai: Aker Powergas Pvt Ltd has been felicitated with ‘Star performer of the year’ award from the Engineering Export Promotion Council of India (EEPC) for engineering services in the large enterprise...
View Article“Energy Efficiency a Green Fuel”
The rapidly growing energy use has already raised concerns over supply difficulties, exhaustion of energy resources and heavy environmental impacts (ozone layer depletion, global warming, climate...
View ArticleMott MacDonald to provide engineering expertise to Muscat project worth $350 mn
Mumbai: UK based engineering service consultants, Mott MacDonald Ltd has attained contract for providing engineering services for $350 million Ghubrah Independent Water Projects (IWP) in Muscat, Oman....
View ArticleParliamentary panel asks to reiterate merger of RINL & SAIL
New Delhi: A Parliamentary panel out forth a proposal before the government to consider the merging of Rashtrya Ispat Nigam (RINL) and Steel Authority of India (SAIL). The merger is expected to aid the...
View ArticleTata Power Commissions fifth unit of 4,000 MW Mundra UMPP
Ahmedabad: India’s largest integrated power utility, Tata Power through its subsidiary arm Coastal Gujarat Power Ltd (CGPL) has commissioned 5th unit (800 MW) of the ultra mega power project (UMPP)....
View ArticleSuzlon concludes US$ 647 mn bond issue
Mumbai: Suzlon Group has completed the bond issuance worth US$647 million, through its wholly owned subsidiary – AE Rotor Holding (AERH). The funds raised through this issue will be utilized to...
View ArticleNALCO signs MoU with Mines Ministry, aims high production & sales targets
Mumbai: State run National Aluminium Company Ltd (NALCO) inked a memorandum of understanding (MoU) with the Ministry of Mines for outlining its production and financial targets for the current fiscal....
View ArticleCummins commences Up-fit centre at Phaltan Megasite
Mumbai: Cummins has kick started its Midrange Upfit Centre (PMUC) at the Cummins Megasite in Phaltan. The company through its recent initiative has opened its fifth such facility in the Megasite. The...
View ArticleGAIL targets 110 MMSCMD gas transmission in FY13-14
Mumbai: GAIL (India) Ltd has outlined a target of transmitting 110 MMSCMD from domestic sources and through LNG route during the current fiscal. The company has outlined its recent targets through ha...
View ArticleGovt might allow global operators to manage two metro airports
New Delhi: Aiming to foster the airport monitoring facilities, the government plans to allot the management control of the new Kolkata and Chennai airports to global operators. The airports being built...
View ArticleGovt clears six FDI proposals worth Rs732 cr
New Delhi: The government sanctioned six foreign direct investment (FDI) proposals worth Rs732 crore, involving investments from AirAsia Investment Ltd. The Foreign Investment Promotion Board (FIPB)...
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