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EPC company JMC Projects bags new orders worth Rs 1,262 cr


EPC company JMC Projects bags new orders worth Rs 1,262 cr
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Last Updated: Apr 12, 2021, 11:38 AM IST
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Synopsis
The orders include building projects in India of Rs 1,059 crores and water project in Maldives of about Rs 203 crore.
Agencies
JMC Projects has won new orders worth Rs 1,262 crore. Kalpataru Power Transmission Projects arm JMC Projects, a civil engineering and EPC company has secured new orders of Rs 1,262 crore (received orders of Rs 431 crore in March 2021 and Rs 831 crore in month of April 2021 till date), a BSE filing said.
The orders include building projects in India of Rs 1,059 crores and water project in Maldives of about Rs 203 crore. ....

Kalpataru Power Transmission , Power Transmission Projects , Deputy Managing Director , Kalpataru Power Transmission Limited , Sk Tripathi , Jmc Projects , Kalpataru Power , கல்பதரு பவர் பரவும் முறை , பவர் பரவும் முறை ப்ராஜெக்ட்ஸ் , துணை நிர்வகித்தல் இயக்குனர் , கல்பதரு பவர் பரவும் முறை வரையறுக்கப்பட்டவை , ஸ்க் திரிபாதி , ஜும்க் ப்ராஜெக்ட்ஸ் , கல்பதரு பவர் ,

IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 crore


IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 crore
Synopsis
The indicative value of the acquisition is Rs 4,625 crore and would boost IndiGrid s asset under management (AUM) by 34 per cent to over Rs 20,000 crore (USD 2.8 billion).
Agencies
This project will strengthen the power transmission network in the North Eastern State
Investment trust IndiGrid on Friday inked an agreement to acquire 100 per cent equity stake in NER II Transmission from Sterlite Power for about Rs 4,625 crore.
The completion of acquisition would depend upon receipt of unitholders consent, regulatory and other relevant approvals, it said.
India Grid Trust (IndiGrid) signed share purchase agreement on March 5, 2021 for acquisition of 100 per cent shareholding and economic interest, in one or more tranches, in NER II Transmission Ltd from Sterlite Grid 4 Ltd, a company statement said. ....

Pratik Agarwal , Union Territory , Sterlite Power Transmission Ltd , Ner Ii Transmission Ltd , India Grid Trust Indigrid , Sterlite Power , Grid Trust , Sterlite Grid , Inter State Transmission Scheme , Arunachal Pradesh , North Eastern States , Chief Executive Officer , Managing Director , Investment Manager , India Grid Trust , Power Transmission Projects , Reliance Infrastructure , Ner Ii Transmission , பிராட்டிக் அகர்வால் , தொழிற்சங்கம் பிரதேசம் , ஸ்டெர்லைட் பவர் பரவும் முறை லிமிடெட் , நேர் ீ பரவும் முறை லிமிடெட் , ஸ்டெர்லைட் பவர் , கட்டம் நம்பிக்கை , ஸ்டெர்லைட் கட்டம் , இடை நிலை பரவும் முறை திட்டம் ,

Centre signs $304 mn pact with AIIB for power transmission network in Assam


The Centre on Tuesday signed an
agreement with Asian Infrastructure Investment Bank (AIIB) for borrowing $304 million (over Rs 2,200 crore) to improve power transmission network in Assam.
According to an official release here, the fund will be utilised for the Assam Intra-State Transmission System Enhancement Project , aiming to improve reliability, capacity and security of the power transmission network in the state.
The total estimated cost of the project is $365 million, of which $304 million will be financed by the AIIB and rest by the state government, it said.
The loan from the AIIB has a five-year grace period and a maturity of 24 years, the release said. ....

Centre On , Asian Infrastructure Investment Bank , Assam Electricity Grid Corporation Ltd , Power Transmission Projects , மையம் ஆன் , ஆசிய உள்கட்டமைப்பு முதலீடு வங்கி , அசாம் மின்சாரம் கட்டம் நிறுவனம் லிமிடெட் , பவர் பரவும் முறை ப்ராஜெக்ட்ஸ் ,