BoP the builder
A number of players in the balance of plant (BoP) sector, who had a phenomenal order intake in the past several years, are currently reeling under tremendous working capital stretch because of stuck inventory and huge receivables.
Sanjeev Ranjan is the Managing Director (MD) of International Copper Association India (ICAI) since April 2011. In addition, he is also fulfilling the role of Sub-Regional Director of West Asia. ICAI is part of the worldwide network of copper promotion centres of the International Copper Association (ICA).
KPIT, a product engineering and IT consulting solutions and services provider to automotive, manufacturing and energy & utilities corporations, has announced that Kishor Patil, Co-founder, CEO and MD of KPIT, has been honoured with the CA Business Leader Award ´ Corporate at the 8th ICAI Awards, 2014 by the Institute of Chartered Accountants of India (ICAI).
ISGEC bags CFBC boilers order from HMEL
Isgec Heavy Engineering Limited, a global leader in the field of energy, has been awarded a prestigious large value order from HMEL - (HPCL-Mittal Energy Ltd.), a leading petroleum refinery, for the Designing, Engineering, Manufacture, Supply, Erection & Commissioning of 2 x 300 TPH Circulating Fluidised Bed Combustion (CFBC) Boilers for firing 100 per cent petroleum coke.
Isgec bags CFBC boilers order from HMEL
Isgec Heavy Engineering Limited has been awarded a prestigious large value order from HMEL - (HPCL-Mittal Energy Ltd), for the designing, engineering, manufacture, supply, erection & commissioning of 2 x 300 TPH Circulating Fluidised Bed Combustion (CFBC) Boilers for firing 100 per cent Petroleum Coke
Required, Rs.1 lakh cr power equipment!
Yes, you heard it right. With the government on an awarding spree and banks lining up to fund new projects worth more than Rs 2 lakh crore, equipment procurement by independent power producers is likely to gain pace by at least 10 per cent from the current level of 6 per cent in next two year.