Rail Vikas Nigam (RVNL) rose 1.39% to Rs 76.50 after receiving a letter of award from Southern Railway for the provision of automatic block signalling with dual MSDAC, EI/OC interface, and block optimization in Chennai’s Arakkonam Junction-Nagari. The project will cost Rs 38.40 crore and will take 15 months to complete. RVNL is in the
According to a media report, Bharat Petroleum (BPCL) is planning to build a one gigawatt (GW) renewable energy capacity plant in Rajasthan to support the state’s net zero emission target by 2040. BPCL has officially confirmed the signing of a memorandum of understanding (MoU) with the Rajasthan government for the construction of a renewable energy power
NBCC (India) rose 2% to Rs 38.30 after the company announced a total contracts worth Rs 309.10 crore in December 2022. NBCC (India) is a civil engineering construction company. The Government of India owned 61.75% of NBCC as of September 30, 2022. (India). In Q2 FY23, the company’s consolidated net profit increased 34.1% to Rs 95.46
Under an exclusive licensing agreement with Helsinn, a Swiss biopharma group company, the drugmaker has launched an I.V. injection formulation, AKYNZEO I.V. The drug AKYNZEO I.V is used to prevent chemotherapy-induced nausea and vomiting (CINV). It is a fixed-dose combination of fosnetupitant (235 mg) and palonosetron (0.25 mg) available as an I.V. injection ready to
Larsen and Toubro (L&T) announced that its construction arm has won a number of “significant” contracts for its businesses, which include power transmission and distribution, as well as building and factories. According to a BSE filing, L&T Construction received orders worth 1,000 crore to 2,500 crore. “The renewables arm of the power transmission and distribution
KPI Green Energy has successfully commissioned a 25 MW DC (Direct Current) solar power project for Greenlab Diamonds in Surat as part of the company’s Captive Power Producer (CPP) business vertical.Previously, the company signed new long-term Power Purchase Agreements (PPAs) for the sale of 6.30 Megawatt (MW) solar power with Heubach Colour – 2.90 MW,
Vedanta Ltd announced that it will sell its Zinc International assets to Hindustan Zinc Limited for $2,981 million in cash. The company’s board of directors approved the sale of its Zinc International assets held by THL Zinc Ventures Ltd (Mauritius), a wholly owned subsidiary of Vedanta, through THL Zinc Ltd. (Mauritius). Hindustan Zinc will become a
Surya Roshni announced that it has received orders worth Rs 147.30 crore from IOCL for API 5L grade coated pipes and powder coated GI pipes (India). GAIL has placed an order with the company to supply power coated GI pipes PAN India for the City Gas Distribution (CGD) project. The order is worth Rs 23.35
Bharat Heavy Electricals Limited (BHEL) announced that it has been awarded a contract for the renovation and modernization (R&M) of steam turbines at Gujarat’s Ukai Thermal Power Station (TPS). The order, worth 300 crore, is for the Ukai Thermal Power Station’s 200 MW Unit-3 and 210 MW Unit-5. Gujarat State Electricity Corporation Limited has placed
Artson Engineering Ltd has received an order for Rs. 1716.94 Lakhs (Rupees One Thousand Seventeen Lakhs and Ninety-Four Thousand Only), excluding taxes. Tata Projects Limited (TPL) has placed an order for Engineering Equipment Installation and Commissioning work at GRSE.
