Power Grid to get into Power Distribution Overseas

wirecableAugust 31, 2012September 12, 2012

August 31, 2012September 12, 2012

June 20, 2012 Power transmission monopoly Power Grid Corporation of India is planning to get into distribution business. The company that cannot directly trade power in the domestic market due to regulatory restrictions, is scouting for power distribution opportunities overseas. Besides, it is trying to branch into EPC (engineering, procurement......

KEC International secures orders worth Rs.1,416 crore

wirecableJune 8, 2012September 13, 2012

June 8, 2012September 13, 2012

April 20, 2012 KEC International Ltd. (KEC) has secured new orders worth Rs. 1,416 crore spread across its various businesses, geographies and customers. Transmission Business In this business, the company has secured orders from India, Bangladesh, DR Congo and Americas. India: The order is for design, supply and construction of......

Rs 15,000 crore telecom project recommended for NE

wirecableJune 8, 2012September 13, 2012

June 8, 2012September 13, 2012

April 24, 2012 With connectivity being a major road block in North East’s development, the region is veering towards the Information Highway through an ambitious Rs 15,000 crore telecom sector revamp project. The idea is to nullify the geographical disadvantage and hostile terrain and take advantage of the information highway......

Power Grid plans Rs 20,000-cr capex in FY’13

wirecableJune 8, 2012September 13, 2012

June 8, 2012September 13, 2012

May 30, 2012 Power Grid Corp is planning a capex of Rs 20,000 crore in the current fiscal. “We plan to spend around Rs 20,000 crore during this fiscal,” Power Grid Chairman and Managing Director R N Nayak told reporters. For the full year, the standalone net income stood at......