Crompton Greaves, an Avantha group company, has bagged a $26 million contract from Indonesia for supplying power equipment.
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Tag: Indonesia
Coal import bill continues to rise
India´s coal import bill surged 42 per cent to Rs 11,441 crore in November 2014 despite a 16 per cent increase in Coal India´s production, highlighting the rapidly widening demand-supply gap for the fuel in the country.
NLC to acquire multiple power projects
Neyveli Lignite Corporation (NLC) is examining a number of power projects on offer to scale up its generating capacity rapidly. B Surender Mohan, Chairman and Managing Director, NLC, said it is examining nine projects, where the promoters have showed interest in letting NLC acquire the projects.
We will soon set up a Project Development Company in Africa
The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
RWE opens Indian office
German utility RWE has opened an office in Mumbai to strengthen the Asian presence of its trading subsidiary RWE Supply & Trading, focusing on coal, liquefied natural gas (LNG) and fertilisers. The new office was officially opened this month, adding to the trading division´s existing operations in Singapore and Indonesia.
GVK ties-up with Indonesian govt for Java airport project
To build a second airport in Yogyakarta of Java city in Indonesia, GVK Power & Infrastructure is joining hands with the Indonesia's State-owned infrastructure firm PT Angkasa Pura I. Angkasa Pura will fund the project through loans or equity.
Bank Indonesia on revival
Bank Internasional Indonesia is reviving its operations in India under its new promoter, the Malaysia-based Maybank group. Commercial banking operations of the bank will resume with a capital of $28 million from its single-branch office in Mumbai with an initial focus on corporate banking.
Kochi port exports commercial explosives
The vessel mv BBC Victoria sailed from Kochi with three load containers of commercial explosives for Indonesia. The Indian Explosives company sent the first container cargo recently.
Resumption of rice export from Paradip Port
Srilalitha Enterprise Pvt Ltd is using Paradip Port to export rice to Indonesia. At the container yard of Paradip Port, 2,650mn t of rice was unloaded through 42 wagons from Raipur. Simultaneously ,the unloaded rice bags were stuffed into the containers. Unloading of rice from the wagons and loading into the container is being done under the sup
GVK ties-up with Indonesia to upgrade Bali airport
For the operation, management and development of commercial facilities at Denpasar International Airport in Bali of Indonesia, India-based GVK Power & Infrastructure has entered into an agreement. The Hyderabad-based diversified infrastructure company manages the operation of the Chhatrapati Shivaji International Airport (CSIA) in Mumbai and the Bengaluru International Airport.