The state-run Bharat Heavy Electrical Ltd had successfully gotten a contract worth Rs 1143 from NTPC. The said company got the contract for supply and installation of the main plant package for a thermal project in Madhya Pradesh. The plant will have a 500 mw power generating unit. In a statement given by the company, […]
The country’s largest power-producer NTPC will double its investment on expansion. This state- run company had invested Rs 11,000 crore for last year’s expansion and now they are aiming for Rs 21,000 for their expansion activities. This information was given by their Chairman and Managing Director Arup Roy Choudhury. The company will keep an eye […]
The joint venture of Bharat Forge Ltd. and Alstom, the Alstom Bharat Forge Power Ltd. (ABFPL) has bagged an order worth Rs.1570 crore orders for supply, engineering, manufacturing of super critical steam turbine generators for NTPC’s upcoming power project at Solapur, Maharashtra. This JV is expected to be commissioned by 2013 with an annual capacity […]
It was a kind of ‘Black Monday’ for the stock market. Though the effect was not too high, markets ended on a losing trend. Sensex lost 278 points and Nifty lost 91 points closing at 17, 097 and 5, 201 points respectively. All sectors were in losses and IT, realty, tech and Metal stocks were […]
The National Stock Exchange’s Nifty ended in a uneven session because on a flat note due to lack of conviction amongst investors following miserable performance of Congress party in Uttar Pradesh assembly elections. “In our view, the policy drift in New Delhi is likely to persist and the urge to push through reforms aggressively in […]
Toshiba JSW Turbine and Generator Pvt Ltd received a Rs.2,300 crore service order from NTPC (National Thermal Power Corporation) for the supply of three 800 MW supercritical steam turbine and generator island packages. The news was released latest on Februvary 20th. Sources say that these steam turbine and generator packages are used for the Kudgi […]
The Indian benchmark indices, Nifty and Sensex, both rose over 1% latest by January 19th. Reliance Infrastructure, Tata Power, Sterlite, JP Associates and NTPC stood as the top five Nifty gainers while BHEL, M&M, Bharti Airtel, Siemens and Infosys were the lost on the Nifty. Stock market saw a raise due to Positive global cues, […]
