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Power and Energy Solar power

Regulatory Commission proposes KSEB to boost solar power »

Thiruvananthapuram: Kerala State Electricity Regulatory Commission has proposed the State Electricity Board (KSEB) to develop a favorable environment for promoting the state’s solar power initiatives. Commenting on the said initiative the…

May 3 2013 / Comments Off / Read More »
sponge iron

Apex court urges CBI to be transparent in coalgate »

New Delhi: The Supreme Court directed CBI chief Ranjit Sinha to clarify by May 6 as to why in the status report of Mar 8 no disclosure was made that…

Apr 30 2013 / Comments Off / Read More »
GMR Infrastructure

GMR gains financial tie up for Himachal hydro project »

Mumbai: GMR Infrastructure’s step-down subsidiary GMR Bajoli Holi Hydropower Pvt Ltd gained a financial tie-up for its hydro project in Himachal Pradesh. The company attained financial assistance for the said…

Apr 29 2013 / Comments Off / Read More »
ABB

ABB to acquire Power-One »

Mumbai: World’s leading power and automation company Power-One announced that their board of directors has agreed to a transaction in which ABB will acquire Power-One for $6.35 per share in…

Apr 22 2013 / Comments Off / Read More »
coal power plant

Gayatri Project’s JV, Govt of AP ink power purchase pact »

Hyderabad: Gayatri Project’s joint venture company, Thermal Powertech Corporation India Ltd has inked 25 years power purchase agreement with Andhra Pradesh Power Distribution Companies, wholly-owned by the government of Andhra…

Apr 18 2013 / Comments Off / Read More »
adani

Adani Maharashtra to commission unit-3 of Tiroda plant soon »

Mumbai: Adani Power Maharashtra Ltd is all set to commission its third unit later this month, a senior company official. The company has already synchronised its two units at Tiroda…

Apr 5 2013 / Comments Off / Read More »
News

Vizhinjam project under WB scanner »

Vizhinjam Port

Thiruvananthapuram: Kerala government’s ambitious multi-purpose sea port at Vizhinjam is now under World Bank radar. According to recent report, the…

May 21 2013 / No Comment / Read More »

Andhra Pradesh outlines 20% extra subsidy for solar units »

Solar power

Hyderabad: Eyeing to accelerate the potentials of renewable energy segment, the Andhra Pradesh government plans to offer an additional 20%…

May 21 2013 / No Comment / Read More »

India-China to mutually resolve trade imbalance »

Manmohan Li China

New Delhi: Aiming to balance the prevalent trade deficit scenario, the India and China mutually agreed to address and resolve…

May 21 2013 / No Comment / Read More »

India offers unlimited infra opportunities: Chidambaram »

P Chidambaram

New Delhi: India offers “unlimited” opportunities for investment in infrastructure sector as the country needs to develop more roads, airports…

May 17 2013 / Comments Off / Read More »

PMO asks Planning Commission to draft Bill on dispute resolution »

New Delhi: With burgeoning controversies mounting over the implementation of projects on public-private partnerships (PPP), the Prime Minister’s Office has…

May 17 2013 / Comments Off / Read More »

Planning Commission approves Rs49,000 cr fiscal outlay for Maharashtra »

Mumbai: The Planning Commission has granted its approval for the 2013-14 annual fiscal outlay at Rs49,000 crore. Further, over the…

May 17 2013 / Comments Off / Read More »

Indo-UK to focus on financial reforms »

London: India and United Kingdom will push for reforms in the financial sector at the sixth ministerial India-UK Economic and…

May 16 2013 / Comments Off / Read More »
Must Check
New Contracts

L&T bags Midyan gas project »

L&T

Mumbai: Infrastructure major, Larsen & Toubro (L&T) received a contract to build facilities including gas processing plant from the state-run Saudi Aramco. L&T’s expertise will be delivered at the Saudi body’s Midyan gas field, wherein a plant with a processing capacity of 75 million standard…

May 21 2013 / No Comment / Read More »

IL&FS inks MoU to provide infra project development services across North & East Asian regions »

Mr. Ramesh Bawa, MD & CEO, IFIN

Mumbai: One amongst the country’s leading infrastructure development and finance conglomerates, Infrastructure Leasing & Financial Services Ltd inked a Memorandum of Understanding (MoU) with the Industrial & Commercial Bank of China (Asia) Ltd. The MoU involves the scope of co-operation between the two financial powerhouses…

May 20 2013 / Comments Off / Read More »

REpower wins orders for 580 MW wind power capacity »

Mumbai: Wind turbine maker Suzlon Group’s subsidiary arm REpower Systems has gained orders for 580 MW capacity in the past three months from its business operations in various countries. “These orders involve various orders secured between February 15, 2013 and May 15, 2013 across Belgium,…

May 16 2013 / Comments Off / Read More »

L&T bags orders worth over Rs2,542 cr »

Mumbai: L&T Construction has gained new orders worth over Rs2,542 crore across its distinct business segments during the April and May period this fiscal. The company’s Building & Factories Business division gained orders worth Rs1021 crore for the construction of residential towers, cement plant and…

May 16 2013 / Comments Off / Read More »

IVRCL receives Rs638.88 cr orders »

IVRCL

Mumbai: One amongst the leading infra majors, IVRCL Ltd has received new orders worth Rs638.88 crore to deliver its expertise in the building and transportation division. Scope of work under the said order for the Building Division has been sourced from Abu Dhabi, United Arab…

May 14 2013 / Comments Off / Read More »
Oil and Gas

Shale gas export from US close to veracity »

oil russia

Texas: Indo-US talks at the diplomatic level opened new prospects of export of shale gas to energy starved India. The US today granted conditional authorization…

May 21 2013 / No Comment / Read More »

Cairn India outlays $3 billion capex plan for next 3 yrs »

New Delhi: The Vedanta group owned, Cairn India mulls to invest $3 billion (over 16,000 crore) in the next three years to expand its oil…

May 17 2013 / Comments Off / Read More »

Shale gas export from US a feasible option: Nirupama Rao »

KG-D6

Washington: Energy-ridden India with a whopping investment of $4 billion in US’ tight oil and shale gas sectors from 2008 to 2012, has strongly advocated…

May 8 2013 / Comments Off / Read More »
Performance Highlights

Adani Ports Q4 net profit reaches Rs710.31 cr

Mumbai: Adani Ports & SEZ posted a 197% rise in its consolidated net profit at Rs710.31 crore for the fourth quarter ended on March, 2013. The company acquired its recent escalation in net profit through the…

May 16 2013 / Read More »
NTPC

NTPC posts 28.31% rise in net profit

Mumbai: NTPC Ltd marked a net profit of Rs12,590.78 crore for the quarter ended March 31, 2013 as against the Rs9,812.79 crore attained a year ago. The company has marked an accelerated net profit of 28.31%.…

May 10 2013 / Read More »
Ports and Shipping

Visakhapatnam Port gains Cabinet’s nod to upgrade & create new facility

Visakhapatnam: The Cabinet Committee on Economic Affairs has granted its approval for upgrading the existing facility and creation of a new facility at the Visakhapatnam Port Trust. The facilities aimed towards iron ore handling will be…

May 17 2013 / Read More »
haldia_port

Cabinet nod for second dock complex project at Haldia

Kolkata: The Union Government has approved the proposal for the second dock complex project at Haldia, Union Minister of Shipping G. K. Vasan expressed. “We have three new projects under Kolkata Port Trust (KoPT) – Diamond…

Apr 9 2013 / Read More »
Product Launch eaton logo

Eaton unveils new ArcGard metal-enclosed switchgear

New Delhi: Eaton today unveiled its new ArcGaurd metal enclosed switchgear, an Eaton Green Leaf Label Solution, designed to enhance operator safety for industrial, commercial and utility customers. This arc-resistant, metal-enclosed load interrupter switchgear provides centralized…

May 15 2013 / Read More »
Xylem logo

Xylem launches treadle pump for small-scale farm irrigation

Mumbai: Xylem Inc recently unveiled an innovative treadle pump – Saajhi designed to best meet the needs of smallholder farmers. Commenting on the development, Keith Teichmann, Xylem’s director of innovative networks and marketing said, “As part…

Mar 14 2013 / Read More »
Projects World JAIPUR METRO

Jaipur Metro to be functional this August

Jaipur: Targeting to leverage the transport networks, the Jaipur Metro project is soon expected to kick start its function from this August. The information was confirmed after the first lot of four coaches has been arrived…

May 21 2013 / Read More »

Welspun Energy attains financial closure for 20 MW Jaisalmer power project

Mumbai: Welspun Energy Ltd has commenced its successful expansion into the wind energy spectrum by achieving financial closure for its 20 MW Jaisalmer power project. The company attained a sanction exceeding Rs1.2 billion against a debt…

May 17 2013 / Read More »
Railways Accident Relief

Ernakulam-Kayamkulam double line work to be completed by 2014-15

Kochi: The much awaited Ernakulam-Kayamkulam rail line doubling work through Kottayam and Alappuzha will be over by 2014-15. According to Minister of State for Railways Adhir Ranjan Chowdhury, the work is going on as per the…

Apr 1 2013 / Read More »
Real Estate

Unitech plans Rs500 cr investment for luxury housing project

Gurgaon: Expanding the potentials in the reality segment, Unitech plans to shed an investment of Rs500 crore for developing a luxury housing project in Gurgaon. The project named ‘The One’ involves around 300 flats, at a…

May 20 2013 / Read More »
Urban Infra smart-city

Smart City Phase-1 to be completed in 2 years: Chandy

Kochi: The first phase of Kerala government’s ambitious Rs 2,000 crore Smart City project will be completed in two years expressed Kerala Chief Minister Oommen Chandy. The Chief Minister speaking at a workshop on the project…

Feb 1 2013 / Read More »
View-Points sanjay bahadhur_Global CEO,Construction Chemicals, Pidilite Industries

“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 change, etc.). Delhi, this winter, broke 44 years record as…

Mar 25 2013 / Read More »

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