Manitex International has bagged $5.7 mn crane orders to be delivered in the first half of 2010. About $3.7 mn crane orders are to be delivered for power generation applications, and $2 mn for Badger Equipment’s new rough terrain crane from the railroad sector.
National Mineral Development Corporation (NMDC) and Andhra Pradesh Mineral Development Corporation (APMDC) have signed an MoU to undertake exploration of low-grade iron ore and gold deposits in Andhra Pradesh.
India and the European Union are likely to sign an agreement on civil atomic energy which will facilitate the participation of India in the International Thermonuclear Experimental Reactor (ITER) project in France.
Posco India has initiated various activities including infrastructure development to expedite the work for its 12 mn tonne steel plant in Orissa, after receiving stage II clearance from the Ministry of Environment and Forest (MoEF).