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Racks of investment

Racks of investment

At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.

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BHEL commissions HP hydro project

BHEL commissions HP hydro project

With the commissioning of the 4th and final 130 MW hydro generating unit and Parbati III hydro-electric project (HEP) in Himachal Pradesh, Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned all the four units of the 520 MW underground hydro power plant of NHPC.

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Jaypee Mahasale: Debt of woes

Jaypee Mahasale: Debt of woes

The group that brought Formula One to the country is now looking for a formula to revive its sagging fortunes. Jaiprakash Associates Ltd, with interests in engineering and construction, power, cement, real estate,

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Lanco sells hydro power assets

Lanco sells hydro power assets

Lanco Infratech has struck a deal with the UK´s renewable energy firm Greenko to sell three hydro power assets with a combined capacity of 80 MW. Lanco Hydro Power has agreed to sell off its entire holding in 70 MW Lanco Budhil Hydro Power Project in Himachal Pradesh to Tejassarnika Hydro Energies, a subsidiary and Indian arm of Greenko. Lanco has agreed to divest two small hydro power plants of 5 MW each located in Himachal Pradesh.

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C & C Construction bags Rs 323 cr road contracts

C & C Construction bags Rs 323 cr road contracts

In Himachal Pradesh, infrastructure company C & C Construction has won fresh orders worth Rs 323 crore for widening of two road stretches. Himachal Pradesh Road and Other Infrastructure Development Corporation (HPROIDC) has entrusted the orders to the company, the company stated on October 10.

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Himachal re-allots World Bank-funded road project

Himachal re-allots World Bank-funded road project

In Himachal Pradesh, a road project, which was earlier awarded to a Chinese firm Longjian Road and Bridge Company, has been re-allotted to another company. The road project has been funded by the World Bank, officials concerned said in Shimla on September 30. The project is likely to be completed in two years.