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NCLT admits insolvency plea against McNally Sayaji

Financial creditor ICICI Bank had moved the tribunal against the company for loan default


BAGGED IT!

L&T Construction's Metallurgical & Material handling Business has bagged an order for manufacturing and supply of material handling equipment for multiple customers.


Power-Packed

The power sector is in full energy. And why not, considering the power ministry麓s recent roll out of a Rs 10,000 crore project for the eight north eastern states. Although it ranks among the top sectors


Bagged it!

Pinarayi Industrial Co-operative Society Ltd. has bagged contract to build 2nd Linear Accelerator at Thalassery including civil and plumbing works to be completed in 270 days.


Fastest Growing Equipment Companies in India

The industry has been on a rollercoaster ride. Net sales of the mining and construction equipment industry declined for the third consecutive year in FY15. It dropped by around 5.3 per cent during the year due to weak demand from the user industries.


Contract Awarded (January 2014)

Sanghvi Forging & Engineering has bagged orders from oil and gas, power and ship building sectors for a new plant.


Construction Awarded (December 2013)

Contract value: Rs 500 crore Particulars: Solar plant ABB has won a contract to supply a 100 MW turnkey photovoltaic (PV) solar project for the Grand Renewable Energy Park in Ontario of Canada. The plant is part of a $5 billion investment by Samsung Renewable Energy and partners to create a green ..


RINL sinter plant operational

The RINL sinter plant, which has a capacity of 3.6 mtpa, is a part of the 6.3 mtpa expansion undertaken by the public sector steel giant. The entire risk analysis and mitigation plant to ensure full safety of the commissioning activities has been vetted by MECON, as a third party accessor.


Contract Awarded ( November 2013)

Bagged it! Contract value: `850 crore Particulars: Supply of equipment Alstom has bagged a contract from GVK Power and Infrastructure to provide equipment for the 850 MW Ratle hydropower project in Jammu and Kashmir.


McNally Bharat wins Rs 229-cr order in Africa

To set up a fluorspar beneficiation plant for miner Sephaku Fluoride Ltd in South Africa, McNally Bharat Engineering Co has received an order worth Rs 229 crore. The company's subsidiary in the country, McNally Bharat Engineering (SA) Proprietary has got the order.


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