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TATA Projects-Daewoo JV wins MTHL Package II for `5,612-cr
TATA Projects Ltd., in a Joint Venture with Daewoo E&C of South Korea, has announced that they have secured an $850-million contract (`5,612-crores) to design and build a part of India’s longest sea-bridge – the Mumbai Trans Harbour Link. While the TATA JV emerged as the lowest bidder for both the Sea Packages 1 and 2, it was awarded only one of the packages (Package 2) as provided in the tender conditions.

The package awarded to Daewoo–TATA Projects JV involves construction of a 7.8 km long bridge section across the Mumbai Bay including Shivaji Nagar Interchange at Navi Mumbai at contract value of `5,612-crores ($850-million), which is a complex stretch.
T
he project will use reverse circulation drill method for foundation and erection of a large block (180m) orthotropic steel deck structure at navigational span. Specialised steel will be imported from Japan for fabrication.
NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
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Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
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Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the   READ MORE...