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Author: admin (Infratructure Today)

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Adani reps visited Pak to discuss 4000 MW power deal

Adani reps visited Pak to discuss 4000 MW power deal

Representatives of India´s Adani Enterprises visited Pakistan last year to discuss the sale of up to 4,000 MW of electricity but the proposal has stalled against the backdrop of heightened tensions between the two countries. Pakistan´s Power Minister Khawaja Asif told the Senate on October 13 that representatives of Adani Enterprises Ltd (AEL) visited the country in April 2014.

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Assured coal supply for stuck power plants

Assured coal supply for stuck power plants

The order refers to the plants which are part of the tranche of projects totalling capacity of 78,000 Mw for which a presidential directive was issued in 2013.The central government will bail out close to 21,400 Mw of power plants by assuring coal linkage through new fuel supply agreements (FSAs).

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Exchange saves discoms Rs.200 crore

Exchange saves discoms Rs.200 crore

While there has been no response from the Power Ministry on surrendering electricity in Delhi, power utilities have come up with an alternative to avoid buying. Distribution companies are engaging in ‘power banking’, which is helping them save as much as Rs.200crore.

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Petronet LNG contract to be reviewed

Petronet LNG contract to be reviewed

Petronet LNG, India´s leading gas importer, is in discussions with Qatar´s RasGas to tweak a decade-old liquefied natural gas (LNG) procurement deal. The Indian firm has been forced to cut down gas volumes from Qatar after the price of fuel bought through this long-term contract has become almost double the spot prices.

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Bosch surveillance in Latin AMERICAÂ’S leading conference centre

Bosch surveillance in Latin AMERICAÂ’S leading conference centre

Bosch Security Systems has equipped one of the biggest Latin American conference centres, Corferias in Bogota Columbia, with a comprehensive, new security solution. As Corferias continues to attract growing numbers of conferences and exhibitions, the number of visitors at each event is also growing.

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Cairn India Limited results for Q2FY16 ended 30th Sep, 2015

Cairn India Limited results for Q2FY16 ended 30th Sep, 2015

Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.

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Sterling Generators receives 2015 Navratna Award

Sterling Generators receives 2015 Navratna Award

Sterling Generators, one of the largest manufacturers of diesel gensets in Asia, has been awarded the “Sarvottam Manufacturer of Diesel Generators of the Year” Award by Builders´ Association of India. This prestigious award was presented by the Governor of Maharashtra, Chennamaneni Vidyasagar Rao to Sanjay Jadhav, President, Sterling and Wilson Powergen Pvt Ltd