Bangalore, May 11 (PW News): The Global Initiative for Restructuring Environment and Management (GIREM) views Bangalore as fertile market for luxury homes. As per the recent issue of GIREM 101, the luxury home market in Bangalore is surging ahead and is driven by the demands from the IT sector. The body views the potential of [...]
11:53 AM (Fri): Essar inks PPA with Noida Power Company
Mumbai, May 11 (PW News): The Ruia owned Essar Energy, entered into a power purchase agreement (PPA) with Noida Power Company for supplying 240 MW electricity from its 600 MW coal plant at Jharkhand. The contract, having a 25 years duration was signed by Essar Energy’s subsidiary arm Essar Power Jharkhand Ltd (EPJL). The company [...]
10:45 AM (Fri): L&T Komatsu launches PC210LC-8 hydraulic excavator
Mumbai, May 11 (PW News): L& T Komatsu Ltd introduced its new PC210LC-8 hydraulic excavator. The premium class hydraulic excavator includes a satellite based advanced tracking system, KOMTRAX. The KOMTRAX system enables to monitor and attain regular updates on the machine’s performance online, wherein timely alerts will be delivered on scheduled maintenance. The company anticipats [...]
10:25 AM (Fri): Suzlon’s Jaisalmer wind park crosses 1,000 MW
Jaisalmer, May 11 (PW News): The Jaisalmer wind park, developed by Suzlon Group, crossed 1000 MW of installed capacity during the FY12. “This achievement makes the wind park the largest of its kind in India. Suzlon is proud to be playing such a vital role in producing power for the state of Rajasthan,” said Tulsi [...]
02:48 PM (Wed): Toshiba wins contract worth $315 million
Mumbai, May 09 (PW News): Toshiba Corporation and Toshiba JSW Turbine and Generator Pvt Ltd, received a contract for the supply of two units of 660MW super-critical steam turbine and generator island package. The company acquired the $315 million contract from Meja Urja Nigam Pvt. Ltd, a joint venture between NTPC Ltd and Uttar Pradesh’s [...]
01:22 PM (Wed): HPCL may import crude oil from Azerbaijan
Mumbai, May 09 (PW News): Hindustan Petroleum Corporation Ltd (HPCL) may enter into a crude oil import agreement with the state-run oil company of Azerbaijan Republic (SOCAR). “The Azerbaijani company has come forward to supply crude and the proposal will be taken up with the HPCL Board,” said K Murali, Director Refineries, Hindustan Petroleum Corporation [...]
12:32 PM (Wed): Serbia to set up world’s largest solar park
Belgrade, May 09 (PW News): The Serbian government will soon build the world’s largest solar park in the southeast European nation. The project at an estimated cost of €2 billion, spread over 3,000 hectares of land, will have an estimated capacity of 1,000 MWp (Mega Watt-peak). The government entered into a deal with the Luxembourg based [...]
11:59 AM (Wed): UP scraps Greenfield international airport project
Mumbai, May 09 (PW News): Lucknow, May 09 (EPC News): The Greenfield international airport project at Jewar has been cancelled by the Uttar Pradesh, due to the unavailability of approval from the central goverment’s clearance. The government however, plans to develop an international airport between Agra and Mathura in the near future. “The state government [...]
11:44 AM (Wed): SC permits Lanco Infratech’s Hyderabad township project
Hyderabad, May 09 (PW News): Lanco Infratech acquired the permission from the country’s apex judicial body for the development of its township project in Hyderabad. The company can now breathe easy with Supreme Court’s permission granting development of the project and can now sell the finished homes. Construction on the Rs50 billion, Lanco Hill township [...]
11:28 AM (Wed): HCL Axon’s iMRO solution for railways
Mumbai, May 09 (PW News): HCL Axon, the enterprise application service division of HCL Technologies, introduces iMRO solution for the rail industry. The newly launched solution when used together with the SAP Enterprise Asset Management (SAP EAM) augments operations for the rail industry and offers integrated lifecycle management services for linear assets, rolling stock and [...]
