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Simplex Infra bags order worth Rs 2595 cr in  Q4FY18

Simplex Infra bags order worth Rs 2595 cr in Q4FY18

Simplex Infra has bagged orders worth Rs 25.95 billion in the fourth quarter from January to MarchÂ’18. With this the total order inflow during FY18 amounts to Rs 76.66 billion. The new orders have emanated 87 per cent from public sector and 13 per cent from private sector, 98 per cent from domestic territories and 2 per cent from abroad.

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Post Budget Analysis | Metals: Iron and Steel

Post Budget Analysis | Metals: Iron and Steel

The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.

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Power Grid evinces interest to invest in Telangana

Power Grid evinces interest to invest in Telangana

Power Grid Corporation of India Limited (PGCIL) has evinced interest in investing in power transmission lines in Telangana. “PGCIL has expressed its interest to invest in the transmission projects in the state. The Chief Minister wanted officials from the state electricity department and PGCIL to hold talks in this regard,” a release issued by Telangana Chief Minister K Chandrasekhar Rao’s office said.

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Mitsubishi Corp launches energy storage demonstration project in Delhi

Mitsubishi Corp launches energy storage demonstration project in Delhi

Mitsubishi Corporation has reached a basic agreement with AES Corporation and Tata Power Delhi Distribution Limited (TPDDL), which distributes electricity in northern and north-western Delhi, to develop an energy storage demonstration project in India. The project will be concentrated in the grid sectors operated by TPDDL.

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It is my duty to give back to society

It is my duty to give back to society

With 28 years of experience in power transmission, distribution and generation, Dhananjay Ketkar is currently Chief Operating Officer at Egis India. An engineer and a post graduate in cost and management accounting, Ketkar started his career with NTPC in the power generation domain.