Bhel has bagged Rs26.7bn order for supply and installation of the main plant package for Dainik Bhaskar Power’s 2x600 mw coal-based thermal power project. (ET)
Tata Steel has decided to exercise its option of acquiring an 80% interest in the direct shipping ore project of New Millennium Capital Corp, Canada. (BS)
SAIL has signed a 50:50 JV with Indian Railways arm RITES to build a wagon-making unit at Kulti near Asansol in West Bengal. (ET)
International Coal Ventures Ltd, a JV between SAIL, Coal India, Rashtriya Ispat Nigam, NMDC and NTPC, is looking to acquire coal mines in Indonesia and has tied up with RITES for the purpose. (FE)
DLF, will invest about Rs5bn to develop three ultra-luxury housing projects in Shimla, Kasauli and Goa. (FE)
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