Page 97 - Manufacturing Industry

Alstom T&D bags Power Grid's Rs 226 cr contract to supply gas-insulated substations

Gas-insulated substation is gaining popularity as the preferred technology in India as the footprint of a typical GIS is generally 10 times smaller than an air-insulated substation

Israel's Frutarom buys 60% stake in flavours and fragrances firm Sonarome

Frutarom, which paid $17.2 mn for buying stake in the Bangalore-based company, aims to expand its presence in the growing markets of India and Africa through this deal

US-based Praxair inks pact to supply oxygen for Gerdau's steel plant in AP

Brazilian metal producer Gerdau operates a steel facility in Tadipatri (Andhra Pradesh) having an installed capacity to produce 300,000 tonnes of special steel per year

Cabinet approvals New Urea Policy 2015

The policy envisions a direct saving of subsidy of around Rs 2618 crore and indirect saving of Rs 2211 crore (total savings will be Rs 4829 crore)

Kansai Nerolac Paints plans to set up manufacturing plant in Gujarat

The company will invest Rs 350 crore in the paint plant, which will have capacity of 42000 metric tonne per annum

Unitech International ventures into monomer production

The scrap recycling company will set up a monomer manufacturing plant, having an annual capacity of 12,000 metric tonne in Maharahstra

PESO grants permission to Indian Oil to set up hydrogen plant

PESO has issued a licence for dispensing of hydrogen-CNG blend as fuel to IOCL at its R&D Centre in Faridabad, Haryana for demonstration purpose

Hero MotoCorp to set up subsidiary in US

The Board has approved the initial investment of up to Rs 35 crores for setting up the new subsidiary, which will market two-wheelers in the US

Alstom bags Rs 220-cr orders from Bihar State Power Transmission

Alstom T&D India will build two 220 kV and four 132 kV air insulated substations (AIS) across various locations in Bihar

Korean firms should set up manufacturing & R&D bases in India: Amitabh Kant

FICCI urges Korean firms to invest in industrial corridors, NMIZs & smart cities

Companies Act, an enabler of CSR in chemical industry?

The Act is expected to motivate the companies for devising the best way to make their CSR spend count and impact all the stakeholders effectively

BHEL commissions 195-MW thermal power unit in Bihar

This is the first 195-MW unit to be commissioned by BHEL at the 2 x 195 MW Muzaffarpur Thermal Power Station (TPS) Plant of Kanti Bijlee Utpadan Nigam Limited (KBUNL)

Rolta India forms JV with Israeli firm Meprolight to make optronics devices

Optronics devices, based on image intensifier and thermal imaging technologies, expected to address the growing demand for night fighting capabilities by the Indian security forces

BHEL commissions 82.5 MW hydroelectric unit in Uttarakhand

The greenfield hydroelectric project consisting of four units of 82.5 MW each is being set up by Alaknanda Hydro Power Corporation Limited (GVK Group)

AspenTech unveils aspenONE V8.8 software for process industries

The new software expected to help manufacturers achieve operational excellence, and drive profitability with workflow, performance and usability innovations

P Rajendran is the new executive director (WR) of Indian Oil

In his earlier position, he was executive director (lubes) at IOC's head office in Mumbai

Crompton Greaves bags order from ANDE to strengthen Paraguay's electricity network

The Avantha Group Company has won orders to the tune of over $ 25 million since 2014 from ANDE

Minda Corporation forms JV with US-based VAST for vehicle access systems

The joint venture entity, Minda VAST Access Systems Private Limited (Minda VAST), will have operations in Pune and Delhi-NCR

China's MLS Co to launch premium LED lighting brand in India

The company will introduce FOREST LED brand at LED Expo 2015 and aims to tap the growing LED lighting market in the country

LED Expo 2015 to showcase latest LED lighting technologies in Mumbai

The expo, to be held from May 7-9, will provide manufacturers a platform to showcase their high-quality and competitive lighting technologies to the Indian customers