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1.Kuwait co to invest in ONGC’s projects

Kuwait-based Petrochemical Industries Company (PIC) has evinced interest in investing in two petrochemical projects driven by ONGC at Dahej and Mangalore.

2.HNGI to set up glass plant

Hindusthan National Glass and Industries (HNGI) Ltd plans to invest Rs 1,000 crore to set up a glass manufacturing complex in the Nellore district.

3.India-Bangladesh finalise deal on power link

India and Bangladesh power ministries finalised details for the 130-km power transmission link that would be established at a cost of Rs 882 crore.

4.Power equipment to get domestic push

India is planning to expand manufacturing capacity of its power generation equipment to meet the growing demand and address concerns about imported Chinese equipment.

5.OCL’s Jharsuguda depot to start by 2012

Indian Oil Corporation Limited (IOCL) is likely to commission its proposed modern depot at Jharsuguda by end-2012 for which the company has acquired 38 acre from the Orissa government.

6.Paradip refinery’s phase I to be completed by 2012

The first phase of the Indian Oil Corporation Ltd’s (IOC) Paradip Oil Refinery project worth about Rs 46,080 crore in the state will be completed by March 2012.

7.Cement cos chalk expansion plans

Cement industry plans to expand on the back of a reasonable recovery in the domestic economy and demand for cement hitting double-digit growth trajectory.

8.JK Lakshmi Cement to set up new unit in Gujarat

JK Lakshmi Cement plans to set up a Greenfield plant in Gujarat worth Rs 1,000 crore over the next three to four years.

9.Kobelco to invest Rs 100 cr

Japan-based Kobelco plans to invest Rs 100 crore in the second phase of its investment programme, set to begin in 2012.

10.Ports capacity to reach 1.5 bn tonne by 2012

The annual capacity of the major ports will increase 74 per cent to reach 1 bn tonne in the next two years.