EPC World News

Tata Power acquires 30 MW wind farm in Maharashtra

Tata Power on friday announced it has completed the acquisition of 30 MW wind farm in Maharashtra. "Tata Power Renewable Energy Ltd (TPREL), a 100% subsidiary of Tata Power…Has completed acquisition of

20 May 2016

Power & Energy

ONGC Videsh raises $1.2 billion foreign loans to buy 15 per cent stake in Russia’s Vankorneft

ONGC Videsh Ltd has taken a bridge loan of $1.2 billion from a group of foreign banks at a highly competitive rate of about 1.3 per cent to fund its acquisition of

20 May 2016

Oil & Gas

Volvo Penta to produce 5, 8 litre industrial engines in India

Volvo Penta , a marine and industrial power system manufacturer, today said it would begin production of five and eight litre industrial engines in the country from next year. The engines would

20 May 2016

Equipment

Alstom starts fencing 100-acre locomotive plant site at Madhepura

Dubbed as the first major FDI project under Make in India initiative, the Rs 20,000-crore electric locomotive factory at Madhepura in Bihar seems to be on track. French multinational engineering giant Alstom,

20 May 2016

Transport

Cairn India MD & CEO Mayank Ashar resigns

Cairn India Ltd has announced Mayank Ashar, Managing Director and Chief Executive Officer has decided to step down for personal reasons effective June 05, 2016. Sudhir Mathur, CFO, will lead the organization

20 May 2016

Power & Energy

Crude oil a scarce resource, Cairn India canâ€™t export from Barmer: Centre to HC

The Centre on Thursday told the Delhi High Court that crude oil being a scarce resource, Cairn India, a subsidiary of UK-based Vedanta group, could not be allowed to export it from its Barmer oil

20 May 2016

Oil & Gas

India says will sign Iran port contract during Modi’s trip

India will on Monday sign a commercial contract with Iran to build and run a strategic port on Iran's southern coast, the Indian government said on Friday, to help it gain a

20 May 2016

Ports

Scania India appoints Sunil Kumar Mittra as Chairman of Boards

Scania Commercial Vehicles India today appointed Sunil Kumar Mittra as the Chairman of company's Boards for industrial and commercial operations. Mittra has a long standing relationship with Scania in India, having been

20 May 2016

Transport

Bonds worth Rs 1.5-1.75 lk crore to be issued under Uday in FY’17

Buoyed by the success of Uday Scheme for revival of debt-ridden discoms, Power Minister Piyush Goyal today said bonds worth Rs 1.5-1.75 lakh crore are expected to be issued in the ongoing

20 May 2016

Power & Energy

Three rail connectivity projects awarded under Sagarmala

Three rail connectivity projects under the Ministry of Shipping's flagship programe 'Sagarmala', worth Rs 38.71 crores have been awarded by Indian Port Rail Company (IPRCL). These projects will help to increase connectivity

20 May 2016

Ports·Project

Tata Power acquires 30 MW wind farm in Maharashtra

ONGC Videsh raises $1.2 billion foreign loans to buy 15 per cent stake in Russia’s Vankorneft

Volvo Penta to produce 5, 8 litre industrial engines in India

Alstom starts fencing 100-acre locomotive plant site at Madhepura

Cairn India MD & CEO Mayank Ashar resigns

Crude oil a scarce resource, Cairn India canâ€™t export from Barmer: Centre to HC

India says will sign Iran port contract during Modi’s trip

Scania India appoints Sunil Kumar Mittra as Chairman of Boards

Bonds worth Rs 1.5-1.75 lk crore to be issued under Uday in FY’17

Three rail connectivity projects awarded under Sagarmala

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