Binani Cement to foray into realty development: Binani Cement is expected to enter into realty
development in the current fiscal. A source said Binani has proposed to develop 56 acre it owns in Thane
into an IT park. The group plans to develop the land with a joint venture partner and is learnt to be looking at
a few options in this regard, said the source.
India on Novartis’ radar for prospecting bio-resources: Swiss drug-major Novartis AG is looking at
bio-diverse resources around the world towards developing medicines from natural sources, and India
features on this plan.
BGR Energy wins Rs 5,023-cr contract from Rajasthan Vidyut: Chennai-based BGR Energy Ltd on
Wednesday announced that it has won aRs 5,023-crore contract from RajasthanVidyut Utpadan Nigam Ltd
— the electricity generation company of Rajasthan’s electricity Board.The ‘engineering, procurement,
construction’ contract is for putting up the 2x600 MW Kalisindh Thermal Power Project at Jhalawar,
Rajasthan (near Kota). The scope of the contract includes design, engineering, supply of boiler, turbine and
generator and ‘balance of plant’.With this order,BGREnergy’s order book swells to Rs 11,000 crore.
Nagarjuna Construction to invest up to Rs 500 cr in airports, ports: Nagarjuna Construction Company
Ltd plans to invest up to Rs 500 crore in the next three years in creating port and airport infrastructure in the
country. The company will focus on creating support infrastructure that will attract other industries. It has
been pre-qualified for the proposed Udaipur airport in Rajasthan.
Friday, July 18, 2008
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