ZWZ Bearings, a leading player in the bearing industry, plans to set up its operations in India.
Tag: January
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ONGC bids for stake in Angola oil block
Oil and Natural Gas Corporation (ONGC) has bid for US energy major Exxon Mobil’s 25 per cent stake in a deep-sea oil block in Angola.
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IOC revisits Ennore for LNG and power
Indian Oil Corporation (IOC) will commission a detailed feasibility report (DFR), which will cost Rs 3-4 crore on a 2.5 mt a year liquefied natural gas (LNG) import terminal at Ennore.
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Dry transformers for delhi
Delhi’s private power distribution companies BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL) will replace around 700 oil-based transformers, located mainly in basements, to address safety and environmental concerns.
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Projects without coal linkages
NTPC has been granted environment clearance for setting up three coal-based power plants, even before the source of coal has been determined.
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Nine way split for L&T
Larsen & Toubro`s Chairman AM Naik has kicked off a restructuring plan that will divide the Rs 3,7000 crore engineering and infrastructure behemoth into nine virtual companies.
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Annuity-based projects to come under FRBM act
Fiscal responsibility act (FRBM Act) will soon include all infrastructure projects executed through annuity payments by the government to private sector developers to ensure they do not become a big burden in the future.