BHEL wins contract for 1,320MW Solapur power project

BHEL has won a contract for supply and installation of electrostatic precipitator package for 2x660 MW (1,320 MW) Solapur Supercritical Thermal Power Project in Maharashtra

New Delhi: State-owned BHEL on Monday said it has received a contract for supplying equipment at Solapur Super Thermal Power Project in Maharashtra, reports PTI. The company did not provide financial details of the contract.

"BHEL has won a contract for supply and installation of Electrostatic Precipitator (ESP) package for 2x660 MW (1,320 MW) Solapur Supercritical Thermal Power Project," the company said in a statement.

BHEL's scope of work in the contract involves design, engineering, manufacture, supply, and erection and commissioning of the complete ESP package.

The ESP shall be manufactured at BHEL's Ranipet plant, while the High Voltage Rectifier Transformers will be supplied by the company's Jhansi plant.

BHEL's Power Sector Western Region will be responsible for erection and commissioning of the ESP, the statement said.

Meanwhile, last week the company won an order worth Rs380 crore from Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) for setting up a 160 MW gas-based plant in Rajasthan.

The Rs380 crore contract is the expansion project (Stage IV) of Ramgarh power plant in Jaisalmer district of Rajasthan.

BHEL's scope of work envisages design, engineering, manufacture, supply, erection and commissioning of the Main Plant and providing equipment for the Gas-based power project.

The equipment for the project will be supplied by BHEL's Hyderabad, Trichy and Bangalore plants, while the company's power sector Northern Region will undertake erection and commissioning of the equipment.

Shares of BHEL were trading at Rs203.95 apiece, up 1.27% on the BSE.


Paternity suit: HC asks Tiwari to give blood sample on 26 May

The court's directions came on the plea of Rohit Shekhar seeking to compel ND Tiwari to furnish his blood sample at the earliest to decide the four-year-old paternity suit

New Delhi: Congress leader ND Tiwari was on Monday asked by the Delhi High Court to appear in person on 26th May before it to give blood sample for a DNA test to decide the paternity suit of a man claiming to be his son, reports PTI.

"Defendent number 1 (Tiwari) is directed to appear on 26th May at 12 noon along with his two photographs," Joint Registrar of Delhi High Court, Deepak Garg, said, adding that the court should not rush to take police assistance for enforcing its order.

86-year-old Tiwari "be given an opportunity to voluntarily comply with the order," Garg said and asked the medical chief of the dispensary, located inside the high court premises, to appoint a doctor for collecting the blood sample on 26th May, the next date of hearing.

The court's direction came after it was informed that the requisite DNA kit has been received by the high court registry from Hyderabad-based lab Centre for DNA Fingerprinting and Diagnostics (CDFD).

Justice Reva Khetrapal of the high court had on 16th May ordered its registrar to take police assistance for bringing the defiant veteran Congress leader here for taking his blood sample to decide the paternity suit.

Justice Khetrapal had came down heavily on the counsel representing the Dehradun-based Congress leader, after he sought adjournment of hearing on the ground that a petition has been filed in the Supreme Court on the issue.

The court had said that considering the age of Tiwari, the order of taking the blood sample is required to be implemented "as expeditiously as possible otherwise an irreparable loss is bound to visit the plaintiff".

The court's directions came on the plea of 32-year-old Rohit Shekhar seeking to compel Tiwari to furnish his blood sample at the earliest to decide the four-year-old paternity suit. He has sought a judicial declaration that Tiwari is his biological father.

The high court had on 14th May asked Tiwari to inform it within two days as to whether he wants to voluntarily give his blood sample for DNA test in the paternity suit or police force be used for obtaining it.

Justice Khetrapal had also told the counsel for Tiwari that his client will not leave India till he gives his blood sample for the requisite DNA test in the matter in the wake of orders of the Delhi High Court and the Supreme Court.

Tiwari, former Chief Minister of Uttar Pradesh and Uttarakhand, was earlier directed by the high court and the apex court to furnish a blood sample for the DNA test.

The court was hearing a fresh plea by Shekhar against Tiwari, a former Governor of Andhra Pradesh, seeking that he be asked to give the blood sample to ascertain whether he was the biological father of the petitioner.

The veteran leader had recently suffered set backs in the high court and the Supreme Court in his bid to avoid giving his blood sample.

A two-judge bench of the high court had said that even police force could be used for compelling Tiwari to comply with the earlier order in the case as non-implementation of judicial orders would make courts a "laughing stock".

Tiwari had moved the apex court against the order but he could not get any relief.

"Enough is enough. You (Tiwari) were not present on earlier occasions. Having regard to your age, we had told you to give sample in a sealed cover. We gave you protection under Article 21, but enough is enough," justices Aftab Alam and CK Prasad had said.

Shekhar had moved the fresh plea that the court should appoint a commissioner to take Tiwari's blood sample with assistance from police, as mandated by the 27th April order.


India's policy decisions dampen investment climate: US envoy

American and Indian businessmen in Washington have voiced their concerns over high tariff and non-tariff barriers, restrictions on foreign investment, lack of transparency and defence offset requirements in India, says the US ambassador

Chennai: Several recent policy decisions by India have caused "significant concern" and "dampened sentiment" about its investment climate, US Ambassador to India Nancy J Powell said on Monday, reports PTI.

"The adoption of manufacturing policies discriminatory to foreign companies and the inclusion of retroactive tax provisions in the Finance Bill are two examples," Powell said, addressing members of the Indo American Chamber of Commerce (IACC) and American Chamber of Commerce (AMCHAM).

Voicing concern over challenges to trade and investment, she also called for a level playing field for US companies doing business with India.

Powell said she was committed to ensuring that US companies can compete on a level playing field in India and operate in the same open and fair environment that Indian firms enjoy in the US.

Powell said she had met US and Indian businessmen in Washington before her arrival, and they voiced their concerns over high tariff and non-tariff barriers, restrictions on foreign investment, lack of transparency and defence offset requirements.

Recently, US Treasury Secretary Timothy Geithner met with Finance Minister Pranab Mukherjee encouraging him to reassure foreign investors that India would continue to welcome foreign capital by "advancing important economic reforms," she said.

On the economic opportunities between the two, Powell said both India and the US were "poised to sign an additional $8 billion in direct commercial and foreign military sales," through which India would assume a larger leadership role in the region and effectively respond to security concerns and humanitarian relief operations.

Noting US-India partnership in the defence sector has experienced one of the highest growth rates in the region, she said, "With the C-17, C-130J sale, we have more than doubled our total Foreign Military Sales and posted sales making India the third largest FMS market for 2011." .

The US envoy said Air India's purchase of the Boeing 787 Dreamliner aircraft would be a significant boost for US jobs and exports and the Indian aviation sector.

"The fuel-efficient Dreamliners are a key component of Air India's restructuring plan as India positions itself to become a global aviation hub," Powell said.

Observing that the total bilateral trade in goods and services was expected to reach $100 billion this year, she said both countries were engaged in technical discussions on a Bilateral Investment Treaty (BIT) that would help foster investment opportunities.

She said Washington's recent announcement of a new model BIT has contributed to the active advancement of BIT negotiations between the two countries and "we are expecting a new round to kick off very soon".

"A BIT would enhance transparency and predictability to investors, and support economic growth and job creation in both our countries," she said.

India has become one of the fastest growing sources of investment in the US, creating well-paid jobs for tens of thousands of Americans, she said, adding, nearly 50% of the high-tech Start-ups in Silicon Valley and Washington are owned by Indians or Indian-Americans.

Citing a McKinsey report, which said India needed $143 billion investments in health care, $392 billion in transportation infrastructure and $1.25 trillion in energy production by 2030, Powell said that by reducing barriers to foreign investment, US companies can help India accomplish these ambitious goals.

Bolstering bilateral trade and investment, expanding defence cooperation, enhancing ties in international fora, counter-terrorism and global threats were her objectives, she said.


We are listening!

Solve the equation and enter in the Captcha field.

To continue

Sign Up or Sign In


To continue

Sign Up or Sign In



The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)