Tata Steel said it has completed the acquisition of a 135 MW power plant from a subsidiary of Jasper Industries for Rs 255 paid in cash.
Bharat Forge, India’s largest exporter of auto components, said it opened a research and development facility at MIRA Technology Park in the UK to design powertrain solutions for Electric Vehicles.
Ashok Leyland, the auto arm of the Hinduja Group said it signed a Letter of Intent (LoI) with Phinergy, an Israel-based company that is developing Aluminium Air batteries for long-range vehicles.
Kalpataru Power Transmission, which constructs power and related infrastructure, said it won new orders worth Rs 875 cr, taking the total order inflow this year to 5,900 cr.
Bharat Heavy Electricals said it has commissioned a 54 MW coal-fired captive power project in Indonesia, calling it “yet another milestone in the South East Asian region.” BHEL has executed several projects in the region including projects in Malaysia, Taiwan, Thailand and Vietnam.
IL&FS Engineering and Construction Company said it got a Rs 216 cr order from Gas Authority of India Limited to lay a 158 km long pipeline.
Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery.
Anil Ambani Group-controlled Reliance Power said Asian Development Bank has approved debt financing and partial risk guarantees totaling $583 million to the company’s Bangladesh LNG and Power Project.
Larsen & Toubro, India’s largest construction company, said it won new orders worth Rs 3,572 crore.
Adani Power said it will set up a new 1,600 MW coal power plant at Godda Jharkhand to supply power to Bangladesh for a period of 25 years.