In an aim to give a thrust to sustainable development, the Prime Minister’s Office (PMO) announced a roadmap for implementation of flagship infrastructure projects in the key sectors that include three airports, two major ports and high speed rail corridor projects.
DPSC Limited (formerly known as Dishergarh Power Supply Company Ltd), reported net sales of Rs. 144.35 crore for the first quarter ended June 30 against Rs. 152.99 crore in the same period last year.
ACC reported 26 per cent increase in consolidated profit at Rs. 414.52 crore during the second quarter ending June 30, compared to Rs. 328.12 crore in the corresponding period of last year.
Ambuja Cement reported a 34.9 per cent growth in net profit at Rs 469 crore for the quarter ended June 30 on increased sales, however the company anticipates lower in cement demand during monsoon.
State-owned central transmission utility (CTU) Power Grid Corporation of India (PGCIL) has reported a net profit of Rs. 870 crore for the first quarter of FY 2012-13, against Rs. 705 crore reported during the corresponding quarter ended June 30, 2011.
Alstom Thermal Services business in India has secured a contract worth Rs. 3445 million for renovation of gas turbines at NTPC’s 657 MW Jhanor Gandhar Gas Power Station Stage-1 project located in Jhanor in Bharuch district of Gujarat.
