News of Heavy Engineering in Gujarat

BHEL’s E-Vehicle charging stations on DELHI-CHANDIGARH higway inaugurated

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Government owned Heavy Electricals Equipments & Heavy Engineering manufacturing public sector undertaking (PSU) BHARAT HEAVY ELECTRICALS LTD (BHEL) said of Solar Electric Vehicle (EV) charging stations setup by the company on Delhi-Chandigarh

BHEL commissoned Mangdechhu Hydro Electric Project at Thimpu (Bhutan)

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Indian Government owned Heavy Electricals & Equipment manufacturing public sector undertaking (PSU) Bharat Heavy Electricals Ltd said of having commissioned 4×180 MW (Megawatt) Mangdechhu Hydro Electric Project at Thimpu in Bhutan, which was inaugurated by Indian

AIA Engineering CFO Bhupesh P. Porwal relieved wef July 31, 2019 – Wednesday

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad based engineering company AIA Engineering Ltd said of its CFO being relieved and further also ceasing his tenure as key managerial person of the company. The statement submitted by the company to the Indian Bourses read that, Bhupesh

BEML commences construction of Coaches for Mumbai Metro

BENGALURU | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Stock Exchanges by a Government company BEML Ltd, it said of having commenced of coaches and metro cars for Mumbai Metro. The press release titled, “COMMENCEMENT OF METRO PRODUCTION BY BEML FOR MUMBAI METRO BEML LIMITED”, submitted to the

Dilip Buildcon gets provisional completion certificate for road project in Andhra

BHOPAL | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update filed with the Indian Bourses on Monday, Bhopal headquartered road construction company Dilip Buildcon Ltd said of having got provisional completion certification for a road construction project in Andhra Pradesh. The project was awarded to the company on engineering, procurement and construction (EPC)

L&T sells its entire stake held in L&T Kobe Machinery for 435 million INR

MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Larsen & Toubro (L&T) Ltd  has entered into a definitive agreement with KOBE STEEL, LTD., a company registered in Japan, on April 2, 2019 for the divestment of its entire stake in L&T Kobelco Machinery Private Limited, a 51:49 joint venture between

L&T Announces a New Strategic Initiative, L&T-Nxt

MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges on Friday, Larsen & Toubro Ltd announced its a New Strategic Initiative, L&T-Nxt, which will focus on the areas of Artificial Intelligence, IoT (Internet of Things), Virtual Reality, Augmented Reality, Geo-spatial enterprises and Cyber Security. L&T with new arsenal is leap-frogging

L&T Hydrocarbon bags Coke Calciner Project in Oman

MUMBAI | RAJKOT – In a press release submitted to the Indian Stock Exchanges, Larsen & Toubro Ltd said of L&T Hydrocarbon Engineering Awarded a Large Contract (in range of 2,5 billion~2,500 crore rupees to 50 billion~5,000 crore rupees) for Coke Calciner Project in Sohar Industrial Estate, Oman. For more details click the link given

Rane Group Board approves $20 million investment in US subsidiary

CHENNAI | MUMBAI | RAJKOT – Rane (Madras) Ltd’s  board of direclors of the Company at its meeting held on Thursday i.e., March 21, 2019 inter-alia has approved enhancement in investments upto USD $20 million in Rane Precision Die Casting Inc., USA (RPDC), Step Down Subsidiary. For more details click the link given here :

Indian Coast Guard launches ICGS VARUNA at Reliance Naval (Pipavav)

PIPAVAV (AMRELI) – Indian Coast Guard’s trainning vessel ICGS VARUNA was launched today from Reliance Naval and Engineering Ltd’s (RNEL) Shipyard here. The primary role of the vessel is to impact basic sea training to the under trainee officers of Indian Coast Guard along with their Naval counterparts. While on-board on ICGS VARUNA under trainee officers

ABB bags ₹115 cr transformer order from Ind Rly, Vadodara facility will process IR order

BENGALURU | VADODARA (BARODA) | MUMBAI | RAJKOT – In a press release submitted to the Indian Exchanges on Wednesday, ABB India Ltd said of having bagged 1.15 billion (~115 crore) rupee transformers supply order from Indian Railways. ABB will supply traction transformers for most powerful passenger electric locomotives, which shall be manufactured at Vadodara

JMC Projects bags 5.14 billion rupees new orders from AP, Telangana, Odisha

AHMEDABAD | MUMBAI | RAJKOT –  In a press release submitted to the exchanges in India on Tuesday, JMC Projects said of having bagged 5.14 billion (~514 crore) rupees new projects from Andhra Pradesh, Telangana and Odisha. JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs.

Sadbhav Infra’s Q2FY19 (Jul-Sep) unaudited toll revenue up 12.5% yoy

AHMEDABAD | MUMBAI | RAJKOT – In a quarterly business update filing submitted to the Indian Stock Exchanges today, Sadbhav Infrastructure Project Ltd said of having grown toll revenue collection up 12.5% year-on-year at 268.55 billion rupess from 238.63 billion rupees, Jul-Sep quarter (Q2FY19). Toll revenue received from the below 10 operational SPVs (apart from

IDBI knocks NCLT doors for debt recovery from Reliance Naval (Pipavav)

MUMBAI | RAJKOT – In a regulatory filing submitted to the Stock Exchanges in India on Thursday, Reliance Naval & Engineering Ltd said of IDBI Bank Ltd having approached NCLT (National Company Law Tribunal), Ahmedabad, for debt resolution. The Company has been informed that IDBI Bank Limited, a lender of the Company, has filed an application

Despite of reporting a strong topline, Reliance Defence reports net loss of 1.4 bn rupees for Q4 (Jan-Mar) 2016-17

PIPAVAV (RAJULA) | MUMBAI | AHMEDABAD | RAJKOT – Despite strong topline, Reliance Defence and Engineering Ltd reported net loss of 1.4 billion (140 crores) rupees for quarter ended on March 31, 2017 due to significant rise in total expenditure, finance cost and erosion in tax credits.  The company had reported profit of 1.02 billion

Kalpataru Power bags 12 bn rupee EPC project orders from India and Abu Dhabi

GANDHINAGAR | MUMBAI | AHMEDABAD | RAJKOT – Kalpataru Power Transmission Ltd has bagged engineering, planning and construction orders valued at 12 billion (1,200 crore) rupees from power & infrastructure contracting sector for power transmission lines and railways infrastructure from India and Abu Dhabi, the company statement said. Three new orders secured by the company

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