Punj Lloyd has won an EPC contract for the first polysilicon plant of Qatar. The contract has been awarded by Qatar Solar Technologies (QSTec) and is scheduled to be commissioned by mid 2013.The contract may be a a part of QSTec's plans to line up a plant value approximately US$1 billion in Qatar, to manufacture 8000 MTPY (Metric Tons Per Year) of high-purity solar grade polysilicon. The site, chosen with future growth in mind, is found on 1.2 million sq. meters of land in Ras Laffan Industrial town within the north east of Qatar, the center of Qatar's LNG refineries and exports.The scope of labor for the contract, that has been awarded to Punj Lloyd for the 4000 MTPY capability plant, is predicated on residual basic engineering and style, detailed engineering, procurement, supply, producing, fabrication, route survey wherever needed for over dimensional consignments, installation, construction, testing, pre-commissionong and commissioning.
Wednesday 5 October 2011
BHEL bagged a Rs 3,800 crore order from Dainik Bhaskar Power Limited
BHEL bagged a Rs 3,800 crore order from Dainik Bhaskar Power for putting in place a 1,320-MW thermal power plant in Madhya Pradesh.BHEL is presently executing another contract for DBPL, involving the availability and commissioning of a 2x600 MW boiler, turbine and generator package, in conjunction with associated auxiliaries for a 1,200-MW coal-based thermal power project in Chhattisgarh.BHEL's scope of labor beneath the new contract envisages the look, engineering, manufacture, supply, erection, testing and commissioning of supercritical boilers, steam turbines and turbo-generators in conjunction with state-of-the-art controls and instrumentation and different associated auxiliaries like transformers and a switchyard.
Out of the full orders for power plant equipment with a cumulative generation capability of 31,560 MW received by BHEL throughout 2009-10 and 2010-11, orders received from freelance power producers accounted for 22,369 MW.BHEL has established the aptitude to deliver15,000 MW of power equipment once a year and any augmentation of its capability to 20,000 MW once a year is underway.
Out of the full orders for power plant equipment with a cumulative generation capability of 31,560 MW received by BHEL throughout 2009-10 and 2010-11, orders received from freelance power producers accounted for 22,369 MW.BHEL has established the aptitude to deliver15,000 MW of power equipment once a year and any augmentation of its capability to 20,000 MW once a year is underway.
Suzlon Energy Limited get third consecutive order from GAIL
Suzlon Energy Limited get third consecutive order from GAIL for 17 units of Suzlon's S82 - 1.5 MW wind turbines to be commissioned in Karnataka in 2012.This is GAIL's third wind energy project order placed with Suzlon. GAIL's previous two projects are located in Gujarat. The first 4.5 MW project, comprising Suzlon's S-82 1.5 MW wind turbines, was commissioned in March 2010, and the second 14.7 MW project is currently under execution. These two projects cater to fulfill GAIL's captive power requirements. The new project in Karnataka is to sell the power generated to a local power distribution company.
RIL will Stops Gas Supply to Indo Gulf Fertiliser, IFFCO, KRIBHCO, Shyam Fertilisers and Tata Chemicals in UP By tommmorow
Reliance Industries Ltd has served a notice for suspension of gas provides to four fertiliser plants Indo Gulf Fertiliser, IFFCO, KRIBHCO, Shyam Fertilisers and Tata Chemicals in Uttar Pradesh from tomorrow unless they enhance their money guarantees to hide for state sales tax.
The fertiliser companies, that turn out regarding two million tonnes of urea from gas sourced from RIL, are hostile providing money guarantees within the type of letters of credit to hide for liabilities arising out of the levy of native sales tax on gas sales, because it would increase the value of production and subsidy payouts.
RIL provides some four million Standard cubic metres per day of natural gas from its jap offshore KG—D6 fields to those plants. Like elsewhere within the country, it's been charging central sales tax of two per cent from users in Uttar Pradesh.However, the state government has refused to just accept these transactions as inter—state sales and have demanded that native sales tax of twenty one per cent ought to be paid. Tax because the liability of shoppers has been clearly enshrined within the Gas Sales and get Agreement RIL signed with fertiliser and alternative users.Naturally, users ought to have contested the demand for higher sales tax, however surprisingly, RIL visited the Allahabad High Court difficult the demand.The High Court on July twenty six, 2010, stayed the Uttar Pradesh government demand. The state government has appealed against the keep in Supreme Court.Sources said RIL is demanding that users in Uttar Pradesh enhance the worth of their Letters of Credit, that were previously submitted as guarantees against default, to hide for payments in case, the state sales tax liability was to materalise.
So far, the state power utility NTPC is that the solely firm that has enhanced its LC, whereas fertiliser companies haven't complied with RIL’s demand to date, resulting in the notice for suspension of provides.While the fertiliser companies refused comments, the Fertiliser Association of India has shot off letters to the Oil and Fertiliser Ministry protesting against the RIL move.The demand of RIL for a better LC is completely unjustified,” he wrote.RIL had last year, too, threatened to suspend provide to the fertiliser plants with result from July fifteen, 2010, if the worth of their LCs weren't raised.While the threat was executed, RIL has once more issued the notice as a result of the tax liability, in case the Uttar Pradesh government’s demand is upheld, amounts to a whopping Rs 750 crore.
The fertiliser companies, that turn out regarding two million tonnes of urea from gas sourced from RIL, are hostile providing money guarantees within the type of letters of credit to hide for liabilities arising out of the levy of native sales tax on gas sales, because it would increase the value of production and subsidy payouts.
RIL provides some four million Standard cubic metres per day of natural gas from its jap offshore KG—D6 fields to those plants. Like elsewhere within the country, it's been charging central sales tax of two per cent from users in Uttar Pradesh.However, the state government has refused to just accept these transactions as inter—state sales and have demanded that native sales tax of twenty one per cent ought to be paid. Tax because the liability of shoppers has been clearly enshrined within the Gas Sales and get Agreement RIL signed with fertiliser and alternative users.Naturally, users ought to have contested the demand for higher sales tax, however surprisingly, RIL visited the Allahabad High Court difficult the demand.The High Court on July twenty six, 2010, stayed the Uttar Pradesh government demand. The state government has appealed against the keep in Supreme Court.Sources said RIL is demanding that users in Uttar Pradesh enhance the worth of their Letters of Credit, that were previously submitted as guarantees against default, to hide for payments in case, the state sales tax liability was to materalise.
So far, the state power utility NTPC is that the solely firm that has enhanced its LC, whereas fertiliser companies haven't complied with RIL’s demand to date, resulting in the notice for suspension of provides.While the fertiliser companies refused comments, the Fertiliser Association of India has shot off letters to the Oil and Fertiliser Ministry protesting against the RIL move.The demand of RIL for a better LC is completely unjustified,” he wrote.RIL had last year, too, threatened to suspend provide to the fertiliser plants with result from July fifteen, 2010, if the worth of their LCs weren't raised.While the threat was executed, RIL has once more issued the notice as a result of the tax liability, in case the Uttar Pradesh government’s demand is upheld, amounts to a whopping Rs 750 crore.
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Kernex Microsystems India Ltd has received M/s. Konkan Railway Corporation Ltd.
Kernex Microsystems India Ltd has received M/s. Konkan Railway Corporation Ltd., for Development and delivery of ACD System Version 2.0 of value Rs. 16.765 crores, which included Application Software, Hardware, ACD Route Survey and Design methodology, Performance Reporting System, obtaining of approvals from ETDC and other accredited laboratories and live trials to be conducted shortly in designated sections of Railways.
Tilaknagar Industries Ltd has acquired 100% stake in Punjab Expo Breveries Pvt. Ltd
Tilaknagar Industries Ltd has acquired 100% stake in Punjab Expo Breveries Pvt. Ltd., a bottling unit situated at Derabassi, Punjab on October 01, 2011
Prime Focus has been roped in by Red Chillies for Ra-One
Prime focus that has been accountable for making the magical world of 3D for the recent releases like Harry Porter, inexperienced Lantern, Transformers and Narnia is currently adding the foremost anticipated Indian unleash to the current list. Prime Focus has been roped in by Red Chillies to supply its View-D services to the magnum opus Ra. One. Scheduled for a Diwali unleash, the movie is anticipated to be the largest unleash across the country until date and plans to open in 3000 screens with over 2000 prints in circulation. along side being the only real supplier of 2D-3D conversion, Prime Focus is additionally providing Dl and VFX services for Ra. One.Prime Focus has been a awfully integral a part of the 3D revolution witnessed within the recent times across the world. Recently Lucas Films announced their collaboration with Prime Focus for the 3D conversion of Star Wars: Episode I The Phantom Menace for theatrical unleash. Also, Prime Focus a multi-film production and post production contract with UTV Motion footage, an arm of UTV Software Communications. The partnership can begin with UTV Motion Pictures' 3D film Joker, that Prime Focus can give the 3D services.
Ashok Leyland bags an order for 723 trucks from Tanzanian
Ashok Leyland,Hinduja Group flagship, enetered into the Tanzanian market by bagging an order for 723 trucks, worth over $36 million for buses and special application vehicles.These vehicles will be used for logistical purposes by the government and the Company will complete deliveries by end of the current fiscal
Eveready Industries India is planning to sell around 60-70 acre
Eveready Industries India is planning to sell around 60-70 acre of land in Delhi, Hyderabad and Bangalore to pay debt of about Rs 200 crore. The company is not in a hurry to sell land. Eveready Ind to sell land for Rs 250-275cr.
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