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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.Indian cos to invest Rs 4,500 cr in Maldives

Indian companies have lined up investments in tourism, hospitality, health care, real estate and energy sectors, etc, worth around Rs 4,500 crore in Maldives, over the next two to three years.

3.BF Industries inks MoU with Oman Oil Company

JBF Industries Ltd has signed an MoU with Oman Oil Company, a part of Oman Refinery owned by Government of Oman to set up 1.2 mtpa purified terephthalic acid (PTA) plant in Oman at an investment of about $680 mn.

4.Decolight Ceramics bags order

Decolight Ceramics Ltd has bagged an order worth Rs 3.8 crore from Subh Impex Ceramics LLC. The order is for vitrified unglazed smooth and mirror polished ceramic tiles for delivery to Libya and Saudi Arabia during February-June 2010.

5.Gateway Hotels plans expansion in Mumbai

Gateway Hotels, a part of Taj Hotels and Resorts, plans to build its second hotel in Mumbai in association with Sunshine Housing Pvt Ltd.

6.Mantri to launch six townships

Mantri Developers Pvt Ltd plans to launch six integrated residential township projects comprising 30,000 units across Chennai, Bengaluru and Hyderabad.

7.Ansal Housing launches Ansal Town

Ansal Housing & Construction Ltd has launched a new township project named Ansal Town in Haryana.

8.Godrej Properties to invest

Rs 1,000 crore Godrej Properties will invest over Rs 1,000 crore in the next fiscal on ongoing and new realty projects.

9.L&T to invest Rs 25,000 cr for power

L&T Power, the wholly-owned subsidiary of Larsen & Toubro (L&T), plans to have a generation capacity of 5,500 MW, including hydro power and is likely to invest about Rs 25,000 crore to build its thermal power business in the next five years.

10.BHEL to set up thermal power plant

BHEL is planning to set up a 1,600 MW supercritical thermal power plant in Madhya Pradesh, in joint venture with Madhya Pradesh Power Generating Company Ltd.

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