India's steel & power project in Afghanistan face hurdles

Last Updated: Sunday, June 7, 2015, 17:35

"The AFISCO project has been put in cold storage. There are several issues. First, it is about the security of the personnel in that country. Then there is a question of economic feasibility as it is difficult to operate there due to a continuous conflict hurting the basic infrastructure," the source said.

Adani, Reliance to build Bangladesh power plants to ease crisis

Last Updated: Saturday, June 6, 2015, 15:20

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country`s prolonged power crisis, a senior official said on Saturday.

Berger Paints to open plant in Russia

Last Updated: Saturday, June 6, 2015, 12:57

The decision to locate its paint and varnish manufacturing centre there was taken after a group of Indian investors visited the town`s industrial park.

Reliance Power to invest $3 bn in power plant in Bangladesh

Last Updated: Saturday, June 6, 2015, 12:28

The company will use the equipment it had contracted for its Samalkot project in Andhra Pradesh for setting up the power plant in Bangladesh in three years from the date of signing power purchase agreement (PPA).

Azure Power commissions 10 MW solar plant in Chhattisgarh

Last Updated: Tuesday, June 2, 2015, 14:26

Azure Power on Tuesday said that it has commissioned a solar power plant of 10 MW capacity in Durg, Chhattisgarh.

Adani Group mulling to bid for Sindri urea plant

Last Updated: Sunday, May 31, 2015, 11:55

Sindri plant assumes importance as there is no functional urea unit in the eastern India except two small units at Namrup in Assam.

Daimler India inaugurates bus plant near Chennai

Last Updated: Wednesday, May 27, 2015, 15:07

Commercial vehicle maker Daimler India Commercial Vehicle, a 100 per cent subsidiary of Stuttgart-based Daimler, on Wednesday inaugurated its new bus manufacturing facility set up at an investment of Rs 425 crore at Oragadam.

Odisha governemnt responsible for Posco uncertainty: Pradhan

Last Updated: Tuesday, May 26, 2015, 18:11

The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.

Alstom Bharat Forge begins production at Sanand plant

Last Updated: Tuesday, May 26, 2015, 17:38

Set up over an area of 185,000 square meters, the site boasts of an annual capacity of 4000 MW and producing equipment for several major power projects in India.

Nokia withdraws plea from HC for urgent sale of its Chennai unit

Last Updated: Tuesday, May 26, 2015, 09:53

Nokia India on Tuesday decided to withdraw from the Delhi High Court its plea for urgent sale of its Chennai mobile manufacturing unit which was frozen over a tax dispute.

BHEL adds 736 MW hydroelectric capacity in 2014-15

Last Updated: Monday, May 25, 2015, 12:28

Bharat Heavy Electricals Ltd (BHEL) on Monday said it commissioned six hydro sets with a combined 736 MW capacity in 2014-15.

ArcelorMittal, SAIL to set up steel plant in India

Last Updated: Friday, May 22, 2015, 20:43

NRI billionaire Lakshmi Mittal-led ArcelorMittal on Friday partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly a decade-long wait for its earlier projects to take off.