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Nuclear Power Corp to spend Rs 18,000 cr on capital expenditure in FY22

Atomic power generation company Nuclear Power Corporation of India Ltd (NPCIL) plans to spend about Rs 18,000 crore as capital expenditure this fiscal, said top company official.
He also said the first pour of concrete for the construction of two more 1,000 MW units (Units 5 and 6) at Kudankulam is expected to happen this year and the 700 MW unit at Kakrapar Atomic Power Station (KAPS) will begin commercial generation in September 2021.
This fiscal we will be spending about Rs 18,000 crore as capital expenditure on our ongoing projects. The funding will be through a mix of internal accruals, central government budgetary support and long term borrowings. The first two will be about 30 per cent and the borrowings will be about 70 per cent of the project cost, S.K. Sharma, Chairman & Managing Director told IANS. ....

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L&T Heavy Engineering bags various contracts

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NFC & MIDHANI consortium flags off first consignment of tubes

NFC & MIDHANI consortium flags off first consignment of tubes
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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voda idea share price: Stocks in the news: Vodafone Idea, Magma Fincorp, IOC, Power Grid, L&T and Godrej Properties

Explore Now
Nifty futures on the Singapore Exchange traded 61.50 points, or 0.41 per cent, higher at 15,222 in signs that Dalal Street was headed for a positive start on Wednesday. Here are a few stocks which may buzz the most in today s trade:
Vodafone Idea: Telecom operator
Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers, according to industry sources aware of the development.
Magma Fincorp: Non-banking finance company
Magma Fincorp said its shareholders have approved the company s plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-controlled Rising Sun Holdings Ltd (RSHPL) and two members from the promoter group. ....

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L&T Heavy Engineering delivers 700 MWe Steam Generator ahead of schedule

L&T Heavy Engineering delivers 700 MWe Steam Generator ahead of schedule
Posted On:
2021-03-09 01:58:44
(Time Zone: Arizona, USA)
The Heavy Engineering arm of Larsen & Toubro dispatched the first out of four 700 MWe Steam Generators for the Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) 1&2 project in 36 months, creating a new global benchmark in the nuclear manufacturing industry.
This hi-tech equipment was manufactured at L&T s state-of-the-art manufacturing facilities at Hazira and Vadodara Heavy Engineering Works (VHEW). This Global benchmark is a result of dedicated efforts put in by teams of NPCIL and L&T, which ensured early delivery of the Steam Generator by 12 months with the highest standards of quality despite the challenging period of the COVID-19. ....

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