The government’s plan for bidding out the shale gas blocks for exploration has been postponed till 2013, and it seems India is in the dilemma of how to take its shale gas initiatives forward in policy. The delay points to a debate on the environmental hazards. Given the greater likelihood of groundwater contamination, will shale gas be a reality in the near future? Sudheer Vathiyath explores.
Tag: equipment
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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 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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Rupee depreciation to hit infra sector
The rupee's depreciation is set to hit infrastructure sector projects dependent on international market borrowings and imported equipment in a big way.
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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
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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UTC Fire & Security Foolproof solutions
UTC Fire & Security India Ltd has opened a new world class fire suppression systems factory in Bangalore. UTC Fire & Security is a global leader in fire safety and electronic security solutions and is a unit of United Technologies Corp.
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Procurement policies and practices: At what cost our projects?
With the best designing technology available, why do bridges still collapse and trains still crash in our country? How can our EPC developers and contractors guarantee the best quality material and equipment at best prices?
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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
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.