Contract value: Rs 230 crore Particulars: Civil and electrical works OM Metals Infraprojects has received a contract in JV with SPML Infra from Sardar Sarovar Narmada Nigam. The order is for designing, engineering, manufacturing, supplying and commissioning all civil, mechanical and electrical works on the Kutchh branch canal in Gujarat.
Bharat Heavy Electricals (BHEL) plans to develop pow-er projects jointly with state entities, provided such joint venture companies source the main power plant equ-ipment from BHEL. The move comes at a time when the government is planning to off-load a 5 per cent stake in the state-run power plant equipment maker.
Contract value: Rs1,250 crore Particulars: Solar Power Projects Acme Cleantech Solutions Ltd has bagged a contract to develop 160 MW of solar power projects in Anantapur, Kurnool and Chittoor districts of Andhra Pradesh.
The October-December 2010 quarter saw the highest growth in topline among the past five to six quarters, but profitability remained sluggish, with the quarter posting decline of five per cent in net profits.
Rashtriya Ispat Nigam Ltd has decided to expand into the flat steel business with the changing dynamics of demand. A capacity of upto 7.3 mn tonne from the current 3.3 mn tonne will be for the long steel maker. However, the 4 mn tonne that the company plans to add after the 7.3 mn tonne expansion, will focus on flat steel.
Bharat Heavy Electricals (BHEL) has signed an agreement with Netherland-based global energy and petrochemical giant Shell for supply of gas turbines and generators over the next five years. Under the EFA (Enterprise Framework Agreement), BHEL will supply Gas Turbine Generator packages to Shell in selected locations including Asia Pacific
Oil and Natural Gas Corp (ONGC) has expressed interest in partnering with Rashtriya Ispat Nigam and Bharat Heavy Electricals for a proposed Rs 2,000 crore seamless tubes manufacturing plant at Vizag project.
Bharat Heavy Electricals (BHEL) signed a Memorandum of Understanding (MoU) with the Indian Railways to set up a Greenfield MEMU coaches manufacturing facility at Bhilwara in Rajasthan. Indian Railways introduced Main Line Electric Multiple Unit Trains, popularly known as MEMU trains, in the Year 1994-95, as a mode of rapid transit system, to cate