Debt-ridden infrastructure firm Lanco Infratech has temporarily shelved its asset disposal plans. However, it said it would sell at least 3,000 MW of power assets with an enterprise value of about Rs 25,000 crore in fiscal 2018 and retire around Rs 18,000 crore of debt. At the AGM, Chairman LM Rao said appetite by buyers to absorb large assets is low.
Category: Technology
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Sri Lanka oil hub talks gather momentum
India plans to set up its first overseas petroleum hub, along with a refinery and power plant, in Sri Lanka. The move could spur Indian investment in the island nation. A delegation of oil and power ministry officials and representatives of Indian Oil Corporation
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Volvo Trucks Asia-Pacific Fuelwatch Challenge 2015
Volvo Trucks, a global leader in sustainable transport solutions, saw a record-setting Volvo Trucks Asia-Pacific Fuelwatch Challenge 2015.
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Globetrotter
Pattani brings to his new position a wealth of experience in the space of critical human infrastructure.
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Skilled Innovator
Leading power and automation technology group, ABB India Ltd, has appointed current Managing Director Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016.
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Lowering ownership costs of technology is essential
Mukund Vasudevan, Managing Director & Country Head, Ecolab India, brings out the challenges involved in wastewater management in India and the proposed solutions.
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Recycling Sewage for the Urban Need
Membrane bio-reactor, as a technology for recycling sewage, has been there for quite some time. In the past 15 years, there have been a number of installations worldwide, either replacing existing conventional technology or Greenfield projects.
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Mobile operators urge DoT to speed up harmonisation of 1800 MHz airwaves
Top mobile operators have urged the telecom department (DoT) to speed up harmonisation of 1800 MHz airwaves, an exercise that will free up an additional 10 MHz of contiguous 4G services spectrum in the band in the run-up to the next auction likely in March next year.
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Efficient use of machinery can mitigate energy impact: ExxonMobil
ExxonMobil Lubricants Private Limited, a subsidiary of Exxon Mobil Corporation, says in its new Energy Outlook Report 2020, energy efficiency will play a key role in future to solve energy challenges.
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Bosch launches explosion-proof EXTEGRA IP 9000 FX cameras
Global technology company Bosch has launched EXTEGRA IP 9000 FX, a new family of explosion-proof IP cameras developed for safe operation in hazardous environments.