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1.Sterlite Grid to use WRENCH in power projects

Sterlite Grid, a subsidiary of Sterlite Technologies, chose to adopt Indian technology solution WRENCH to meet project deadlines and ensure quality on three critical, high tension power transmission projects across the country.

2.RECTPL defers bids for two transmission projects

REC Transmission Projects (RECTPL) has postponed the opening of financial bids for Vemagiri II and Alipurduar power transmission projects worth around Rs 8,100 crore, which may delay implementation of these power links.

3.Transmission projects of Rs.1 lakh cr up for grabs in 6 months

The government is all set to award power transmission projects worth Rs 1 lakh crore in the coming six months. The projects will be awarded through a tariff-based competitive bidding to bring in private sector investment in the sector.

4.Today, we have about Rs.18,000 crore of order book

The year 2015 was celebration time for Deshpande. He not just bagged the contract of two phases of the Western Dedicated Freight Corridor, but also signed an MoU with Brookfield Multiplex to develop social infrastructure in India. He elaborates on these two achievements and more.

5.Reverse e-auction for power projects

The government plans to invite bids from private and public companies for interstate power transmission projects through reverse electronic auction on build-operate-own (BOO) basis for 35 years.

6.Step up contracts!

The industrial policy statement of July 24, 1991, set the notes on which the elephant learnt to dance. Manmohan Singh´s reform Budget scrapped industrial licensing and the requirement to get clearance from the Monopolies and Restrictive Trade Practices Commission

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