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Power 20:20 | Generation company with highest installed capacity in private sector - Adani Power
September 2016
Adani Power Limited is the power business subsidiary of Indian conglomerate Adani Group. The company is India´s largest private power producer, with capacity of 10,440 MW and also it is the largest solar power producer of India with a capacity of 40 MW.
Aegis Logistics forms JV with Itochu for LPG sourcing
October 2014
Aegis Logistics is forming a JV with Japan´s Itochu Petroleum Co. for its Singapore based LPG sourcing and supply business. For the JV, Aegis will be divesting its 40 per cent stake in its Singaporean subsidiary, Aegis Group International Pte Limited, for a consideration of $5.85 million.
Australian arm of NMDC ties-up with TNG for zinc project
August 2013
Indian government-owned iron ore miner NMDC's Australia subsidiary Legacy Iron Ore has signed an agreement with TNG of Australia to buy its zinc-lead-silver project in the northern territory of the country. The Manbarrum tenements consist of three exploration licences and two mineral authorities, which cover a combined area of about 407 sq km.
Australian arm of NMDC ties-up with TNG for zinc project
August 2013
Indian government-owned iron ore miner NMDC's Australia subsidiary Legacy Iron Ore has signed an agreement with TNG of Australia to buy its zinc-lead-silver project in the northern territory of the country. The Manbarrum tenements consist of three exploration licences and two mineral authorities, which cover a combined area of about 407 sq km.
Green Infra buys 90% stake in TVS Motors energy arm
August 2013
Two-wheeler major TVS has sold more than a 90 per cent of its stake in its wind power subsidiary TVS Energy to Green Infra, an independent power producer. Green Infra is backed by IDFC Alternatives and this is a convenient way for the company to increase capacity at a time when the industry is seeing consolidation. For Green Infra, the acquisition will take its operating capacity to 377 m
Green Infra buys 90% stake in TVS Motors energy arm
August 2013
Two-wheeler major TVS has sold more than a 90 per cent of its stake in its wind power subsidiary TVS Energy to Green Infra, an independent power producer. Green Infra is backed by IDFC Alternatives and this is a convenient way for the company to increase capacity at a time when the industry is seeing consolidation. For Green Infra, the acquisition will take its operating capacity to 377 m
CCL produces 10 mn t coal in June quarter
July 2013
Central Coalfields (CCL), a subsidiary of Coal India, produced 10.066 mn t coal during Apr-Jun 2013 against 9.420 mn t in the same period of last fiscal. Union coal secretary expressed happiness at the performance during a review meeting. CCL has production target of 53.5 million tonne (mn t) for the current fiscal and the target for dispatch is 57 mn t
CCL produces 10 mn t coal in June quarter
July 2013
Central Coalfields (CCL), a subsidiary of Coal India, produced 10.066 mn t coal during Apr-Jun 2013 against 9.420 mn t in the same period of last fiscal. Union coal secretary expressed happiness at the performance during a review meeting. CCL has production target of 53.5 million tonne (mn t) for the current fiscal and the target for dispatch is 57 mn t
CCL to open four mines in Jharkhand
June 2013
Four coal mines - Magadh, Amrapali, Konar and Birsa in North Urimari in Jharkhand - would be opened by Central Coalfields (CCL), a subsidiary of Coal India (CIL) in 2013-14. These mines have a total production capacity of around 38 million tonne per annum (mn tpa). Production capacity of Magadh will be around 20 mn tpa and that of Amrapali around 12 mn tpa. Production from Konar and Birsa mines will be around 3.5 mn tpa and 3 mn tpa resp
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