Mumbai (Maharashtra) [India], July 8 (ANI): India Grid Trust (IndiGrid), the country's first investment trust in power sector, has closed the acquisition of two power transmission assets from Sterlite Power for an enterprise value of Rs 5,025 crore.
Mumbai (Maharashtra) [India], July 3 (ANI): Kalpataru Power Transmission said on Wednesday it has entered into binding agreements with CLP India to sell its stake in three power transmission assets for an estimated enterprise value of Rs 3,275 crore.
Mumbai (Maharashtra) [India] July 2 (ANI): Infrastructure major Kalpataru Power Transmission on Tuesday signed a definitive agreement with Tano India Private Equity Fund II (Tano) to acquire 19.94 per cent stake in Shree Shubham Logistics for Rs 64.66 crore.
Gurugram (Haryana) [India] July 2 (ANI/NewsVoir): Gates, a leading global provider of application-specific fluid power and power transmission solutions, announced the launch EXTEND™ Micro-V®, a new platform of belts for engine accessory drive systems.
New Delhi [India], Nov 14 (ANI-BusinessWireIndia): Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of Rs.1,322 crores. The details are as follows:
Aizawl/Shillong (Mizoram/Meghalaya) [India], Dec 21 (ANI): Prime Minister Narendra Modi inaugurated various developmental projects in north-eastern states of Mizoram and Meghalaya, concerning the region’s overall growth in various sectors including rail, road, tourism and improvemen
Addis Ababa [Ethiopia], October 5 (ANI): President Ram Nath Kovind on Thursday announced that India would give Ethiopia a line of credit of USD 195 million for power transmission sector and medicines worth USD 2 million .
Puerto Rico [U.S.A], Oct 3 (ANI): United States President Donald Trump on Tuesday begins his visit to Puerto Rico wreaked by Hurricane Maria before making his way to Las Vegas, the site of the deadliest shooting in U.S. history. With most of the power transmission grid destroyed, more than 9
New Delhi [India], May 3 (ANI): The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) on Wednesday approved a loan amount of USD160 million in support of the Andhra Pradesh 24x7 Power project, with an objective to strengthen the power transmission and distribution system
Kampala [Uganda], Feb. 23 (ANI): Rahul Sikka, Larsen and Toubro's Vice President and Head Africa Power Transmission and Distribution, has welcomed the decision to manufacture in Uganda with Indian skills and expertise, saying the local population needs to be empowered for long-term goa