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01 Nov 2022

REC and Power Finance Corporation (PFC) - Maharatna CPSEs under the Ministry of Power have signed an MoU with SJVN Thermal (STPL) for financing two 660 MW coal-based Buxar Thermal Power Plant (BTPP).

The total estimated project cost is Rs.121.72 billion with a debt requirement of `85.20 billion.

A partnership with PV-E Cranes of the Netherlands will see MYCRANE offer zero-emissions cranes for sale or rent, providing more choices for the digital platform’s global clients. As a result of the partnership agreement, PV-E’s crawler cranes will be available to buy on the MYCRANE Marketplace and can be rented through the MYCRANE platform.

Raimondi Cranes SpA has unveiled a new corporate identity and vision for the global construction audience.

Three wholly owned subsidiaries of Adani Enterprises (AEL) have achieved financial closure for the access-controlled six-lane greenfield Ganga Expressway Project in Uttar Pradesh on DBFOT (Toll) basis under PPP mode. The concession period shall be 30 years. The Ganga Expressway in Uttar Pradesh will be India’s longest expressway to be implemented on DBFOT basis.

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