Engineering conglomerate Larsen & ToubroÂ’s construction arm has secured its single-biggest order worth Rs 5,250 crore from Qatar General Electricity and Water Corporation for power transmission and network expansion.
Author: admin (Infratructure Today)
Post
Post
APM Terminals Pipavav handles 100,000th auto unit
APM Terminals Pipavav has reached a milestone of 100,000 automobiles handled at the portÂ’s Roll On-Roll Off (Ro/Ro) facility, 20 months after commencing auto-loading and discharging operations. Ro/Ro services were introduced at the port in August 2015, after NYK Auto Logistics India (NALI) invested in a state-of-the art stock yard and pre-delivery inspection facility.
Post
Essar Power’s generation up 49percent in 2016-17
Essar Power has delivered a strong operational performance in 2016-17, with its power generation moving up 49 per cent. Apart from generating more power, the company added 165 megawatt (MW) capacity to its portfolio by commissioning one unit each at its Paradip and Hazira plants. The generation increased 57 per cent year-on-year in the quarter ended March 31, 2017.
Post
Asian Development Bank extends $175-million loan to Power Grid
The Asian Development Bank has extended a $175-million loan to public sector undertaking Power Grid Corporation of India Limited (PGCIL).
Post
Infrastructure sector sees deals worth $3.49 billion in FY17
The infrastructure sector raised a total of $3.49 billion across 33 transactions in FY17 compared with $2.98 billion raised in 31 transactions in FY16, highlighting the growing number of deals in the sector, according to data from investment bank Equirus Capital.
Post
544 ULBs sign MoUs with EESL for LED streetlights
A total of 544 Urban Local Bodies (ULBs) have entered into an implementation agreement with Energy Efficiency Services Limited (EESL) for replacement of streetlights with LED streetlights, till 3rd April, 2017.
Post
Govt works on 225 dam projects across the country
The Government of India is implementing the Dam Rehabilitation and Improvement Project (DRIP) with the financial assistance of the World Bank for the repair and rehabilitation of about 225 dam projects across Kerala, Madhya Pradesh, Odisha, Tamil Nadu, Karnataka, Jharkhand (DVC) and Uttrakhand (UJVNL).
Post
Centre releases details on nuclear energy generation
The electricity generation from nuclear power in the last two years, i.e., 2014-15 and 2015-16, was 37,835 million units (MU) and 37,456 MU respectively. The generation in 2014-15 was 35,592 MU of commercial generation and 2,243 MU of infirm (non commercial) generation, while the entire generation in 2015-16 was commercial.
Post
Govt receives Rs 2,638 crore from CIL share buyback
The government has garnered about Rs 2,638 crore from buyback of shares of state-run Coal India Ltd, Parliament has been informed. CIL has bought back “7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity shares.
Post
CV growth to moderate to 5-6percent in FY2017 | ICRA
The domestic commercial vehicle industry growth has moderated from 11.5 per cent growth in FY2016 to 3.5 per cent in the 11 months of FY2017, according to the latest report of rating agency ICRA. The sector is expected to close the fiscal with a growth of 5 to 6 per cent.