Sumant Sinha is the Chairman and CEO of ReNew Power. He brings his vast experience in the Indian renewable eneÂrgy space, international finance, comÂbined with unique operating experience to the firm. Prior to setting up ReNew Power, Sumant was the Chief Operating Officer (COO) of Suzlon Energy. Sumant was responsible for refinancing SuzlonÂ’s entire outstanding debt worth $3 billion, raised an additional $800 million and restructured $500 million worth of foreign convertible bonds in an extremel
Author: admin (Infratructure Today)
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Monorail monopoly
Kanesan Veluppillai started his career with Credit Corporation (Malaysia) Berhad in 1984. From there, he moved on to lead the communications function at Master-Carriage Sdn Bhd as Group Communications Director. In 2000, Kanesan was appointed Group Director, Corporate Communications and Public Affairs at DRB-HICOM Berhad, a leading Malaysian conglomerate with core businesses in the Automotive, Services and Property & Infrastructure sectors.
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Every new technology comes with new benefits for users
ItÂ’s not a question of capability but the matter of having the mindset of adapting new technology and enjoying its benefit over the long term, says Sami Korpela, Country Manager, Konecranes India, in an email interview.The latest trend in port cranes is to have most reliable and efficient cranes and no doubt automation and crane condition monitoring have become very imporÂtant to manage the overall crane operations efficiently.
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Haulage charges set to rise for container firms
Reports indicate that 77 million tonne of goods in the form of containers is traÂnspÂorted through rail route every year. Haulage charge is something that container train operators pay Indian Railways for using the tracks, locomotives and signalling
infrastructure.
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GVK to upgrade Bali airport
For the operation, management and development of commercial facilities at Denpasar International Airport in Bali of Indonesia, GVK Power & Infrastructure has entered into an agreement. The Hyderabad-based diversified infrastructure company has signed a management contract with the Airports Authority of Indonesia, (Angkasa Pura Airports API), the Indonesian Government airport operator to manage the non-aeronauÂtical commercial operations at IndonesiaÂ’s second busiest Bali (Denpasar) International
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L&T Hyd Metro gives contracts to Thales
VB Gadgil, Chief Executive and Managing Director, L&T Metro Rail Hyderabad, has said that the company has awarded signalling and train control contracts to Thales Canada & Thales India and a communications system deal to Thales Portugal. The defence, aerospace and transport major Thales has outbid Siemens and Bombardier, which were also in the fray.
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Wait gets longer for Navi Mumbai airport
Bidding process for Navi Mumbai airport will be taken up by the City and Industrial Development Corporation (CIDCO) only after compÂleting the crucial land acquiÂsition process. But this could delay the project and further push up costs.Although the project receiÂved environmental cleaÂrance in November 2010, it has been stuck largely due to delays in land acquisition and lack of approval from the Centre for the issue of a formal Request for Qualification (RFQ) from biÂdders.
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Chennai airport terminal
Opening of the new terminal building at Chennai airport gets further delayed. It may now be inaugurated by March 2013. Airport Director HS Suresh attributed the delay to the Civil Aviation MinistryÂ’s decision to wait until the installation of inline baggage screening systems and facilities like ATM kiosks and Forex counters.
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Solar power at Delhi station
To power the premises of New Delhi railway station, the Delhi Division of Northern Railway is looking at the option of using solar energy. Under the pilot project, solar panel of 1 MW capacity will be installed in the non-utilised portion of the rooftop. Authorities highlighted the need to conserve energy and reduce the power bill of the station.
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Land for cargo hub
Pune District Collector Vikas Deshmukh has instructed the Airport Authority of India (AAI), Pune, to submit a proposal for acquisition of land to develop a cargo hub and other infrastructure facilities near the Lohegaon airport. Deshmukh said that a survey was conducted recently and around eight acre (3.5 hectare) land near the airport was identified