Essar Power Limited, a subsidiary of Essar Energy plc, announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronised with the transmission grid and has commenced generating power.
Realty major DLF Ltd has sold its stake in luxury resorts chain, Amanresorts, to the latter’s founder, Adrian Zecha, for about Rs 1,650 crore ($300 million).
Construction and mining equipment manufacturer Telcon has been rechristened Tata Hitachi Construction Machinery Co. Ltd. In the joint venture, Hitachi Construction Machinery Co., Japan,
Hyundai Construction Equipment India Pvt. Ltd. (HCEIPL), a subsidiary of Hyundai Heavy Industries, Korea, showcases the next generation of mining excavators at IMME 2012 being held in Kolkata.
Large heavy commercial vehicle manufacturer AMW Motors Ltd. (AMW) announced the introduction of the 2528TP Tipper for the mining, construction and other infrastructure industries at IMME.
Liebherr displays the 100t mining excavator R 9100 in backhoe configuration at the ongoing 11th International Mining and Machinery Exhibition (IMME) in Kolkata.
“Mining industry, which is one of the largest employers of the country provides employment to about a million people and is pitched to grow by 5% by 2020,” said West Bengal Commerce & Industry Minister Partha Chatterjee
Essar Power Ltd. announced that it hasd commissioned the second of two 255 megawatt units at its Vadinar Phase 2 power generation project in Gujarat state.
Tata Power has acquired 26 per cent stake in PT Baramulti Suksessarana Tbk (BSSR), Indonesia through its 100 per cent subsidiary Khopoli Investments Limited (Khopoli).
