Indian Farmers Fertilisers Cooperative Limited (IFFCO) today said it will soon begin manufacturing a new fertiliser at its Kandla unit in Gujarat, which will have lower content of potash. “Keeping in view the highly unstable international potash prices, we have decided to manufacture a new-grade fertiliser at our Kandla Unit,” IFFCO Kandla’s Senior Executive...
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Modi inaugurates Rockwool’s wool insulation plant at Dahej
Chief Minister Narendra Modi today announced to set up a world-class maritime park on the seacoast of Bharuch district. Chief Minister said this while inaugurating a manufacturing plant of a Denmark based company Roxul Rockwool at the Special Economic Zone (SEZ) of Dahej in Bharuch. Rs.159-crore plant will manufacture fire-safe insulation material – Stone...
ITT wins $74 million contract for pumping stations in Gujarat
ITT Corporation is heading a consortium that has been awarded a contract to provide two water pumping stations for Sardar Sarovar Narmada Nigam Limited’s (SSNNL) Kutch Branch Canal (KBC) Lift Irrigation Project. ITT will execute this project in a consortium with Megha Engineering & Infrastructures Limited (MEIL). ITT’s Flygt vertical column discharge pump sets...
Alstom’s Gujarat unit for producing bearings unveiled in Vadodara
Vadodara based global leader in power generation, power transmission and rail infrastructure Alstom yesterday unveiled its new state-of-the-art manufacturing facility for producing bearings for medium to large sized hydro power projects in India and abroad. Union Power Minister Sushil Kumar Shinde inaugurated the factory at Vadodara in Gujarat in the presence of Alstom Power...
Elecon bags Rs. 39.39 crore of BHEL
Elecon Engineering has won order of Rs. 39.39 crore from Bharat Heavy Electrical Ltd. for commissioning of CHP machine package for Bellary TPS, Unit- 3 of 700 MW.
Partial strike of labors in GM car plant of Halol ends
As many as 500 workers of General Motors India’s Halol plant on strike for last 50 days are going to resume their duty from thursday(4 May) after fresh settlement between the union and management. The company had continued production of cars in one shift but suffered loss of production of about 3000 cars during...
Repo rate, reverse repo rate up by 50 bps, savings bank deposit rates to 4% :RBI credit policy
In a bid to check inflation, which is hovering around 9 per cent, Reserve Bank of India on Tuesday raised its short term lending (repo) rate by 50 basis points to 7.25 per cent, while lowering the economic growth projection to 8 per cent for the current fiscal. The RBI has also increased the...
HCC wins Rs. 298.63 crore Limbdi branch canal project
Hindustan Construction Company (HCC) has won a Rs 298.63 crore contract from Sardar Sarovar Narmada Nigam to construct the Limbdi branch canal in Gujarat, the engineering and construction company said in a notice to the stock exchanges. HCC said the project will be completed in 18 months and it will also maintain and operate...
Samsung wins USD 230 million Dahej order of OPal
South Korea’s largest industrial plant builder Samsung Engineering Co. has said that it has won a USD 230 million order to build a high-density polyethylene (HDPE) plant in Gujarat. Under the deal with ONGC Petro-additions Ltd. (OPaL), a unit of India’s state-run Oil & Natural Gas Corporation Ltd. (ONGC), Samsung Engineering will build the...
GM India to expand Halol facility from 85,000 to 110,000 vehicles per year
According to a report published in Wall Street Journal, General Motors India will be raising capacity at Gujarat’s Halol based car manufacturing plant by the end of this year, while the total expansion will be completed by the end of the next year. As per the report the move will include expanding the capacity...
Gujarat hikes Bt cotton seed prices
After Punjab and Haryana, Bt cotton seed will now cost more to cotton growers in Gujarat as the state has permitted hiking its prices by Rs. 180 per 450 gm packet for the upcoming cotton sowing season. Gujarat government has allowed the seed manufacturing companies to raise the price of Bacillus thuringiensis (Bt) cotton...
ABB bags USD 18 million Wanakbori thermal power plant order
Leading power and automation technology group ABB has got an order from Gujarat State Electricity Company Limited (GSEL) for the renovation and modernization of control systems at 1,260 MW Wanakbori thermal power plant in Gujarat. This is worth USD 18 million order and it was booked in first quarter. Gujarat State Electricity Corporation Limited...