RITES
bags Angolan contracts worth $40 mn
Delhi: The Rail India Technical and Economic Services
Ltd (RITES), the consultancy arm of the Indian Railway,
has bagged five contracts worth $40 million from the Transport
Ministry of Angola for implementing its CFM railway rehabilitation
project. An official release said the contracts signal
a major breakthrough for RITES in Angola.
The
project envisages deployment of RITES experts as part
of technical assistance for a period of 18 months. It
includes training of senior CFM officials in India, supply
of diesel electric locomotives, five different types of
passenger coaches and diesel multiple unit train-sets.
RITES
will also supply self-propelled Accident Relief Train,
working equipment, inspection cars, rail-cum-road vehicles
and other equipment required for railway rehabilitation.
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BHEL
bags Rs1,464 crore order from Bhilai Electric
New Delhi: Bharat Heavy Electricals Ltd (BHEL) has
bagged a Rs1,464-crore order from Bhilai Electric Supply
Co Pvt Ltd to set up two units of 250 MW each at the Bhilai
thermal power project in Chhattisgarh. The Bhilai Electric
Supply Co Pvt Ltd a joint venture of NTPC and SAIL.
BHEL's scope of work in the contract includes design,
manufacture, supply and commissioning of the main plan
package, including balance of plant and civil works on
turnkey basis, a company release said.
The turbine generators and boilers would be built at the
state-run company's Haridwar and Tiruchy plants, while
the controls and instrumentation system would be supplied
by BHEL's Bangalore-based electronics division. The Hyderabad
unit would manufacture the boiler feed pumps and the Bhopal
and Jhansi units would supply electricals and switchyard
equipment, the release said.
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BHEL
Bangalore units turnover at Rs818
crore for fiscal 2004-05
Bangalore: The three Bangalore units of Bharat Heavy
Electricals (BHEL) Ltd have recorded a turnover of Rs818
crore for the 2004-05 fiscal. This is a 24 per cent growth
over the sales figure of Rs658 crore for the previous
fiscal.
The
Electronics Division , Electroporcelains Division and
Industrial Systems Group showed all-round improvement
in their operations with a profit before tax of Rs200
crore, an increase of 125 per cent over the previous year's
PBT of Rs89 crore.
Their order book inflow touched a record high of Rs1,417
crore, or 42 per cent increase over Rs997 crore orders
they got during 2003-04. At the end of fiscal 2004-05,
the outstanding order book position of these units stood
at Rs1,990 crore.
The three units are in the business of power plant automation,
solar photovoltaic systems for both terrestrial and space
applications, space-quality batteries, smart card based
pre-paid energy meters, bulk material handling, distribution
business, water management systems, products for the steel
and oil sectors and new insulators.
The Electronics Division reached a milestone in setting
up modern power plants in the country, with the commissioning
the first unified control & instrumentation solution
for the 500-MW Ramagundam Thermal Power Station in Andhra
Pradesh and the synchronisation of the 500-MW unit at
the Rihand Thermal Power Station in Uttar Pradesh.
BHEL has a technology tie-up with Metso Automation, USA,
for the new remote connectivity technology. It said it
had booked record orders worth Rs1,800 crore for these
systems so far.
The Electronics Division has handed over the first three
space quality batteries to the ISRO for use on its satellites.
It also fabricates space grade solar panels for ISRO.
The BHEL-ISG has commissioned the 40-mld (million litres
a day) sewage treatment plant of the Chennai Metropolitan
Water Supply & Sewerage Board at Nesapakkam. This
plant is the first of its kind to be executed by BHEL
and treats sewage, discharges it into the Adayar River
and also generates electricity from bio-gas.
On the export front, the three units executed a number
of physical and deemed projects worth Rs94 crore in Indonesia,
Germany, Italy, Libya, among others.
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New
concept car from Reva
Bangalore: Electric carmaker Reva has launched a new
concept car, the Reva-NXG.The Reva-NXG was launched by
the Union Minister for Science & Technology, Kapil
Sibal. The new concept car is the result of a collaborative
effort between RECC (Reva Electric Car Company), the automobile
designer, Dilip Chhabria, and Simputer developer Encore
Software.
A press statement from Reva said `REVA-NXG' is a two-seater
roadster with an extended range of 200 km per charge and
a speed of 120 km per hour.
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Nalco
establishes new records in production and sales
Bhubaneswar: The National Aluminium Company
Ltd. (Nalco), India's largest producer and exporter of
alumina and aluminium, has established new records in
all areas of production and sales for the fiscal 2004-05.
During the year 2004-05, the exports business of the company
crossed Rs2,200 crore, compared to Rs1,717 crore in the
previous year.
The production of aluminium has been the highest ever
at 15,75,000 tonnes compared to 15,56,100 tonnes during
2003-04. Similarly, the company achieved cast metal production
of 3,38,483 tonnes, which is an all time record, compared
to the previous high of 2,98,208 tonnes, according to
an official release.
On the marketing front also, Nalco has recorded the highest
ever domestic metal sale of 2,05,700 tonnes exceeding
the previous figure of 1,66,650 tonnes in 2003-04. Export
metal sale of 1,32,730 tonnes was also a new record, compared
to 1,29,719 tonnes in the previous year.
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Patel
Engineering bags Rs18 crore order from Mumbai municipal
corporation
Mumbai: Patel Engineering Ltd has bagged a Rs18.40-crore
micro-tunnelling project from the Brihanmumbai Mahanagarpalika
in Mumbai, the second such project to be executed in India.
Micro-tunnelling is one of the several types of trench-less
construction techniques, involving use of remotely controlled,
guided pipe-jacking process that provides continuous support
to the excavation face. This process avoids traffic disruptions
caused by activities such as construction and rehabilitation
of highways, apart from circumventing the need to dig
newly laid roads and highways.
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Pepsi
and HLL in JV to market iced tea
New
Delhi: Pepsi India and Hindustan Lever (HLL) have
joined hands to market iced tea - a segment that's expected
to grow to 5-10 per cent of the overall Rs6,000 crore
carbonated soft drinks market.
The
two companies have announced a 50:50 joint venture, and
launched the Lipton ice tea through an alliance that will
pool their respective strengths to market, sell and distribute
Lipton ready-to-drink tea and tea-based beverages in India.
The companies have said that the arrangement combines
Lipton brand equity with Pepsi bottling, sales and distribution
strengths.
Lipton
ice tea would be available in returnable 250 ml glass
bottle (Rs9) and 500 ml PET bottles, officials said. The
joint venture would focus on urban areas in the first
two years and would be available initially in seventeen
cities.
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R-World
earns over Rs2 crore in first five days
Mumbai: Reliance India-Mobile's data and applications
service R-World has earned revenues of over Rs2 crore
in just five days of the service going paid. The company
announced that R-World earned revenues of over Rs1crore
from just two days of it becoming a paid service.
Over the last five days, R-World got over 1.5 crore hits
resulting in revenues of over Rs2 crore, according to
a news release from Reliance Infocomm. Nearly 50 per cent
of the hits were driven by cricket fever - over the ongoing
Indo-Pak one-day international series.
Over two million users used R-World Day Pass, which costs
Rs3 a day. One million of them logged on to R-World for
cricket score updates.
R-World Day Pass is similar to the railway season ticket,
where the mobile phone user pays a one-time nominal charge
to access the R-World server for unlimited usage for a
day.
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Newport
jeans signs up Saif Ali Khan
Bangalore: Newport, jeans from Arvind Brands Ltd,
has signed Bollywood star Saif Ali Khan as its brand ambassador.
It will soon launch a new campaign revolving around the
theme `Saif's Style Fundas'.
Priced onwards of Rs399, Newport will soon be available
across 2000 multi-brand outlets and over 80 exclusive
shops.
The brand reported a trade turnover of Rs36 crore in 2004-05
and is hoping to jump to Rs85 crore in the current financial
year.
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