New Delhi : The country’s largest power generating company NTPC has entered into a joint venture (JV) agreement with Indian Railways to set up a 1,000 MW power plant in Nabinagar in Bihar at a cost of Rs 1,605 crore.A joint venture company - Bharatiya Rail Bijlee Company - would be set up for the purpose with NTPC having 74% stake and the Railways having 26% stake. The plant is expected to commence operations after 30 months from receipt of approval of investment by both parties, which is likely to come by December-end.
As per the Cabinet approval, 90% of the power from Nabinagar plant will be supplied to Railways and 10% to others and this will primarily be a captive power plant for the Railways. BS061107
Tuesday, November 6, 2007
Great Eastern Shipping plans fleet expansion
Mumbai: Great Eastern Shipping company has signed a contract with city-based Mazagon Dock Ltd for building two new multi purpose platform supply and support vessels. The vessels, which are expected to join the company's fleet in the second half of FY 2010, are larger and technologically more advanced than any Platform Supply Vessel (PSV) currently operational in Indian waters. BL061107
Louis Vuitton to open store in Bangalore
Bangalore : Louis Vuitton, the leading name in the world of haute couture, on Tuesday said that by 2008 it would open its first store in Bangalore and has plans to open additional stores in Mumbai and New Delhi. The Bangalore store would be opened at the upcoming retail project, 'UB City - The Collection' here.
The 150 year old French company which produces luxury leather goods, fashion accessories, pret-a-porter and jewellery, is looking at India as a fast emerging market for luxury goods. DNA051107
The 150 year old French company which produces luxury leather goods, fashion accessories, pret-a-porter and jewellery, is looking at India as a fast emerging market for luxury goods. DNA051107
Subscribe to:
Posts (Atom)