Sunday, September 05, 2010
Energy
Neyveli Lignite mulls 2,000 MW supercritical plant in TN
Sep 3, 2010
Neyveli Lignite Corporation wants to put up a 1,980 MW (3 units of 660 MW each) power plant in Tamil Nadu. If it comes up, it will be NLC's first supercritical thermal power plant project. Stressing that the plan was at a “very preliminary stage”, th ..
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Oil & Gas
CPCL lines up Rs 7,000-cr projects
Sep 3, 2010
Chennai Petroleum Corporation Ltd (CPCL) plans to build a 20-inch interconnecting crude oil pipeline between Karaikkal port and its Chidambaranar oil jetty. Indian Oil Corporation, the holding company of CPCL, has been engaged as EPCM (engineering, p ..
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Oil & Gas
IOC seeks land adjacent to its Haldia refinery for expansion
Sep 3, 2010
IndianOil has urged the Union Government to transfer 150 acres in Haldia, still under the possession of the closed facility of Hindustan Fertiliser Corporation (HFC), to its Haldia refinery. This will facilitate IOC's long-term plan to expand the cap ..
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Oil & Gas
Petronet plans Rs 2,300-cr expansion at LNG terminal
Sep 3, 2010
Petronet LNG Ltd (PLL) plans to invest Rs2,300 crore to install two more storage tanks at its LNG receiving and regasification terminal at Dahej in Gujarat. The Dahej terminal has four tanks and with the addition of two storage tanks, the total capac ..
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Oil & Gas
GAIL-Reliance Ind pact to market D6 gas inoperative
Sep 3, 2010
The marketing agreement between GAIL (India) Ltd and Reliance Industries Ltd (RIL) to sell D6 gas stands inoperative due to a Government policy that does not allow RIL to sell gas independently. Though GAIL continues to transport a little over 30 msc ..
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Hospitality
Assotech to invest in hotels
Sep 3, 2010
Assotech, the real estate company, proposes to develop around 2,000 hotel rooms over the next five years. The company plans to make an investment of Rs 600 crore in the projects. The company is setting up hotels at Rudrapur, Haridwar (Uttarakhand) an ..
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Hospitality
Asian Hotels West buys stake in Inovoa Hotels
Sep 3, 2010
Asian Hotels (West) Ltd said on Thursday it acquired 16.38 per cent stake in Inovoa Hotels and Resorts Ltd. Asian Hotels plans to acquire an additional 34.11 per cent in Inovoa during the current fiscal following which the latter would become its sub ..
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Hospitality
IRB, IHCL ink deal for Kolhapur hotel
Sep 3, 2010
IRB Infrastructure Developers informed the stock exchanges on Thursday that its subsidiary company — Aryan Hospitality Pvt. Ltd (AHPL) — has signed an agreement with The Indian Hotels Company Ltd (IHCL) to operate and maintain a Gateway hotel to be c ..
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Capital Goods
L&T wins order in Oman
Sep 3, 2010
L&T has bagged an order from Oman Electricity Transmission Company (OETC) worth 10.6 million rials (approx Rs 194.4 crore). L&T contract job includes building a 132/33 kV power grid station in Quriyat and installation of required overhead lin ..
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Capital Goods
BEML, CADES in tie up to manufacture aircraft parts
Sep 3, 2010
BEML Ltd said it has signed a memorandum of agreement with an aerospace product design company, CADES Digitech P. Ltd, to jointly work on ‘design to build,' ‘build to print' programmes of global aerospace majors. The tie-up, which will contribute siz ..
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