Alstom has bagged a contract worth about Rs 850 crore from GVK Power and Infrastructure to provide equipment for the 850 MW Ratle hydropower project in Jammu and Kashmir. The contract calls for Alstom to supply four 205 MW Francis turbine units and one 30 MW unit. The turbines will be manufactured at the company's facility in Vadodara. Alstom said it expects it to be commissioned in 2017.
Category: Aviation & Airports
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Tata ready to take over AI if it is for privatisation
One of India's most trusted group Tata Sons has expressed interest to acquire Air India, if the government-owned Air India (AI) is going to be privatised. This has been stated by Ratan Tata, the Tata GroupĂâs chairman emeritus on October 25.
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PM convenes meet on Navi Mumbai Airport on Nov 13
To discuss over the prevailing hindrances to the progress of the greenfield airport at Panvel in Navi Mumbai, the Prime Minister Manmohan Singh has convened a meeting in New Delhi on November 13. Maharashtra Chief Minister Prithviraj Chavan said this at a public meeting in Panvel on October 26.
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Ministry to look into feasibility of Airbus 380s
The Union Civil Aviation Ministry is soon to decide on allowing airlines to fly Airbus 380s into the country. The Ministry had scheduled a meeting on the matter on October 23. The notice of the meeting said that issues related to availability of infrastructure at Indian airports to support Airbus 380s operations and similar issues will be discussed.
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Air One to enter Indian domestic aviation sector
Nowadays, Indian domestic aviation industry is seeing increased interest from private entities. The aviation industry is abuzz with the entry of Tata-SIA and AirAsia into the Indian aviation market. Now, Air One has sought licence from the Ministry of Civil Aviation to start a scheduled airline.
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TATA, SIA get nod for TATA SIA Airlines joint venture
The Union Corporate Affairs Ministry has given its approval to the TataĂâs proposed aviation venture with Singapore Airlines to use the name 'Tata SIA Airlines Limited.'
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London’s airports need to be expanded: Minister
The United Kingdom's new Aviation Minister Tory MP Robert Goodwill has said that LondonĂâs biggest airports need to be expanded further.
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Air India may get Rs 2,500-cr govt-backed loans
Air India is expecting to get sovereign guarantees for Rs 2,500 crore loans from the government next week. The State-run airline has tied up with 8-9 banks to raise the debt, to cover the shortfall in government funding to shore up its finances, sources in the airline firm said.
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Airport could come up at Shirdi by Dec
The Maharashtra Airport Development Company (MADC) on October 10 stated that the construction of airport near Shirdi may be completed by this year-end.
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Plea to AP govt to modernise Vijayawada airport
Urging the Krishna district administration to speed up the expansion and modernisation of Vijayawada airport (Gannavaram), the Andhra Chamber of Commerce and Industry (ACCI) has suggested to initiate the process of acquiring land in the process first.