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Voith inks deal with L&T

Voith inks deal with L&T

Voith Hydro has signed a contract with L&T Hydro Power for the Singoli Bhatwari Hydro-Electric Project.This includes the supply of the entire equipment of the power units and electrical and mechanical auxiliaries. L&T Uttaranchal Hydro Power is a special purpose vehicle (SPV) created to implement the 3 x 33 MW Singoli Bhatwari hydro-electric project.

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Gemini's 4G gear plant

Gemini's 4G gear plant

Gemini Communications is exploring the option of setting up a plant in India for manufacturing of 4G (fourth generation) equipment through its subsidiary company PointRed.The setting up of the plant will depend on a favourable government policy on the 4G rollout and access to low cost capital.

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GVFL to float Rs 1,000-cr fund

GVFL to float Rs 1,000-cr fund

Aimed at strengthening the trade ties with China, Gujarat Venture Finance (GVFL) plans to launch a Rs 1,000-crore green energy fund to attract Chinese companies. According to GVFL, the fund is specific to Chinese companies interested in setting up plants for equipment

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Expertspeak: Raw material demand to propel global equipment

Expertspeak: Raw material demand to propel global equipment

The rapidly accelerating global procurement demand for raw materials also presents mining equipment manufacturers with ever greater challenges.New technologies as well as ideas help meet the challenges of the future. Germany is among the most important suppliers for the Indian mining market besides the US and China.

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Draft telecom security policy

Draft telecom security policy

A telecom security policy mandating that at least 50 per cent of all 'core telecom network equipment' be indigenously developed or manufactured is being proposed.

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CIL to invest Rs 300 bn

CIL to invest Rs 300 bn

Coal India (CIL) plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.