For delivery of 51 wind turbines, Suzlon Group subsidiary, REpower Systems SE has concluded a contract with wpd Europe GmbH, a subsidiary of project developer wpd AG, the company announced. As part of this, a service and maintenance agreement (ISP) for a total of 15 years for the new projects was also concluded, the company said in a statement. The REpower MM92 turbines, each with a rated power of 2.05 MW, are intended for six projects to be constructed and commissioned in 2014.
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Infrascape 2013 | Optimistic growth of steel
The overall performance of the steel sector is ‘optimistic.’ In the fiscal 2012-2013, growth in domestic steel demand is expected to be around five and a half per cent. The total demand is expected to be around 75 million tonnes, up from 71 million tonnes in 2011-2012.
France for nuclear power
French reliance on nuclear power shows no signs of abating, despite widespread reÂactor closures across Europe and negative public opinion, states a new report by energy inÂdustry specialists GlobalData.
First weekly mainline service to Europe from Kochi
The International Container Transshipment Terminal (ICTT), Cochin, announced that the NEMO/EAX service will now make a weekly call at ICTT. This will make it the first weekly service vessel connecting Cochin directly to Europe.
Infrascape 2012 | Solar power: A bankable bidding process needed
The first phase of solar missÂion policy is on the ground, 100 MW of IREDA 1/2MW projects and 150 MW of NVVN projects in solar photovoltaic anÂnÂouÂnced. The sector has witneÂssed active participation from investors, equÂally well supported by solar manufacturers.
As economy booms, pressure to cut subsidies will go down
By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
Fin Min gives nod to $7.2 bn RIL-BP deal
The $7.2 billion deal betwÂeÂen Reliance Industries and Britain's BP Plc, of which India's largest gas field KG-D6 is one, received approval from the Finance Ministry.
Wake up call from experts: User charges and recycling not optional anymore
The Urban Development Ministry's Mission for 2011-through 2016 is to “promote cities as engines of economic growthâ€.
Logistics: A much needed transformation
Among other firsts, Vallarpadam ICTT will also trigger a stream of business activities in its immediate neighbourhood. NA Muhammed Kutty, explains why India’s first transhipment terminal will transform the face of the logistics industry.
BEML makes dredging equip
BEML will sign an agreement with a European firm to foray into dredging equipment manufacture.