Daily Archives: April 9, 2018

Oil edges up but US-China trade tensions curb gains

Oil markets stabilised on Monday after having lost around 2 percent last Friday as concerns grew over the impact on global growth from an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity. Markets were also eyeing the situation in Syria after reports – denied by the Pentagon

RInfra wins Rs 1,081 cr contract for Kudankulam Nuclear Power Project

Reliance Infrastructure Ltd (RInfra) today said it has won aRs 1,081 crore contract from Nuclear Power Corporation of India Ltd (NPCIL) for works pertaining to two units of the Kudankulam project in Tamil Nadu. The company said its engineering, procurement and construction (EPC) division has won the contract amidst competition from leading players like BHEL,

PGCIL bags consultancy contract from Power Grid Company of Bangladesh

State-run transmission utility Power Grid Corp today said it has bagged project management consultancy contract of Rs 21 crore from Power Grid Company of Bangladesh. “Power Grid has secured Project Management Consultancy Contract for construction of 1×500 MW HVDC Back to Back Station at Comilla North (Bangladesh) to transfer power through Surjamaninagar (India) Comilla North

T.N. power sector ready to face the heat

Summer is here, and if what has gone by thus far is any indication, the season is going to be harsh. The power demand is expected to peak, possibly to its all-time high, but officials of the Tamil Nadu Generation and Distribution Corporation (Tangedco) say things are under control.

No directive to freeze survey for NH

No instructions have been given by the government to freeze the ongoing survey work in any part of the State for acquiring land for four/six-laning of the National Highway 66 from Thalapadi to Kazhakuttam, Minister for Public Works G. Sudhakaran has said.