The 50-50 joint venture with India Power Corporation will also provide software to increase plant efficiency, banking on India's reliance on coal and gas power generation, which accounts for nearly 70 per cent of its installed capacity
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Media organisations reported on Tuesday that Castrol Ltd would sell an up to $261 million stake in Castrol India, citing a termsheet that was circulated by brokers
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The distance for transporting POL and LPG from IOC's Betkuchi depot in Guwahati to Dharmanagar depot in Tripura via Bangladesh will be 366 km
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The commercial real estate sector has seen interest from several large international funds and PE players as the market has gradually recovered since FY2015, said ratings agency ICRA
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To attract investors for the expansion and modernisation of rail infrastructure, Railways is setting up a Rs 30,000 crore fund, first-of-its-kind for the national transporter, for implementation of remunerative projects across the country
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The company also expects sales volume to touch 10 million KL over the next two-three years from 2.5 million KL now
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RasGas of Qatar supplies LNG to India under a 25-year long term contract since 2004; Modi says Qatar was entitled to take Rs 20,000 crore as per the long-term signed contract 'but our diplomatic ties ensured that we renegotiate the terms'
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The company hopes to bag nearly $1 billion worth of contracts in the next 2-3 years, L&T Hydrocarbon Engineering CEO and Managing Director Subramanian Sarma says
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