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Mass housing project RPP Infra Projects has won a mass housing project in the Republic of Gabon from the Ministry of Housing. The contract envisages construction of 10,000 houses over 36 month. Coke oven package NMDC has awarded a Rs 1,978 crore contract to Bhilai Engineering Corporation for the entire coke oven package meant for its upcoming 3 mtpa steel plant in Chhattisgarh.
The South Korean consortium-led by Korea Electric Power Corp (Kepco) has been awarded one of the largest contracts worth about $20 bn (Rs 9,220 crore) to build four nuclear power plants in the UAE.
Caterpillar Inc has signed an agreement to acquire JCS Co Ltd, a subsidiary of Jinsung TEC Co Ltd, a South Korea-based manufacturer of undercarriage components for earthmoving and other off-road machinery.
World's No. 4 steelmaker, Posco of South Korea is planning to set up a 6 mn tonne integrated steel plant in Karnataka.
Tata Motors unveiled three trucks from the Prima Construct Global Platform range designed for use in the construction and mining industries.
SAIL and South Korean Posco plan to form a JV to set up a Rs 1,000 crore specialised steel mill in Raigad.
Doosan Heavy Industries and Construction Company has completed the acquisiti-on of the Chennai plant of Austrian power company AE&E.
Tata Power may increase its power generation capacity by a little over 1,300 MW in the next two months.
The environment ministry has given final clearance Posco' s $12 bn integrated steel plant project. The ministry has also imposed two new conditions, It requires Posco to completely avoid the export of raw materials from the proposed project.
Metso recently acquired a globe valve technology and service company, Valstone Control Inc in South Korea, in order to expand its products for the oil and gas and power industries.