Restoring confidence in Bharat Heavy Electricals Limited (BHEL)’s proven technological excellence, Andhra Pradesh Power Generation Corporation Limited (APGenco) recently placed a major order for supply and installation of the main plant package for a power project in Andhra Pradesh, involving one new rating thermal power generating unit of 600 MW.
The France’s Minister of State for Transport, Thierry Mariani, called on C.P. Joshi, Minister of Road Transport and Highways, to take advantage of French Government’s public-private-partnership (PPP) in roads and highways construction.
The Kalyan Dombivali Municipal Corporation (KDMC) slum rehabilitation project worth Rs. 210 crore is on track and expected to be completed by 2012. The main objective behind the project was to make the Kalyan - Dombivali area slum free. Mumbai based infrastructure developer Neev Infra bagged the KDMC project in 2008.
National Highways Authority of India (NHAI) is all set to start implementing a process that will have annual pre-qualification of developers. This means, each interested company will be technically evaluated and given requisite points annually. Such a move had been one of the long-standing demands of the developers.
Infrastructure and construction equipment financing major, Srei BNP Paribas, announced a hike in its benchmark rate by 50 basis points, from 15 per cent to 15.5 per cent, with immediate effect. After reviewing the trend of rising interest rates, the company’s asset liability management committee has decided to increase its benchmark rate...
Hindustan Sanitaryware and Industries, the manufacturer of Sanitaryware and faucets, which had recently acquired Crabtree bath fittings business from Havells India, announced that its Crabtree bath fittings have been re-branded as Benelave.
One of the leading providers of mobile crushing, screening and washing equipment; Powerscreen has appointed Allen Smith as the company’s Mining Business Development Manager.
Singapore is Asia’s greenest metropolis. Delhi is an ‘’average’’ performer whereas other Indian cities namely Mumbai, Kolkata and Bengaluru have been ranked ‘’below average’’ according to the study ‘Asian Green City Index’- commissioned by Siemens and performed by the independent Economist Intelligence Unit (EIU).
Revathi Equipment Ltd (REL), the well known manufacturer of drilling and concrete equipment, announced a strategic alliance with Italy based TESCAR. TESCAR is one of the global leading manufacturers in hydraulic piling rigs and micropile drills segments. K Sunilkumar, MD & CEO of Revathi Equipment says, “With the recent partnership, we became the sole distributor of TESCAR in India”.
L&T gets an order valued over Rs. 1,100 crore from Gujarat State Electricity Corporation Ltd (GSECL) to set up a 1 x 375 MW gas based power plant at Dhuvaran, near Baroda in Gujarat on EPC basis. The EPC order was bagged by L&T under global competitive bidding against stiff competition from Domestic and International power plant equipment manufacturers.
