Essar berths first MiniCape in India

First of its kind MiniCape bulk carrier MV Kamlesh, built at STX Dalian Shipyard, berths at Essar Hazira Port

Gujarat saw the berthing of the first MiniCape vessel in India "MV Kamlesh" by Essar Shipping (ESL). On its maiden voyage to Hazira, the vessel is carrying 100,000 tonnes of coal from Australia for Essar Steel. Essar has created this new segment of 1,05,000 DWT (dead weight tonnage) and MV Kamlesh is the first vessel in a series of six that Essar will acquire in the next five months. This is line with the company's strategy to strengthen its bulk carrier fleet with modern vessels as the world trade is continue to grow with the increased economic activities. These vessels would comfortably carry flexible quantities of coal / iron ore parcels to meet the growing cargo requirements of power, steel and other core sector industries in India.

These double-bottom mini cape vessels are built conforming to the standards of the American Bureau of Shipping. It will incorporate futuristic design and the latest technology. The ships will be environment-friendly and comply with the latest and the most stringent IMO regulations and capable of meeting global trading requirements and will have excellent deployability. These six state-of-the-art vessels built at STX Shipyard are specially designed shallow draft vessels that will provide substantially higher cargo carrying capacity.

In the late afternoon, Essar Shipping was trading at Rs34.40 per share on the Bombay Stock Exchange, 2.38% up from the previous close.

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HCL Infosystems wins Rs278 crore order from ELCOT

HCL Infosystems to provide 2 lakh units of HCL ME laptops to government and state aided schools and colleges across Tamil Nadu

HCL Infosystems announced the awarding of a contract from ELCOT (Electronics Corporation of Tamil Nadu). It has been selected as a leading vendor for the government project-free distribution of laptops to students of government and state aided schools and colleges across the state. This is the first phase of the five-year project and in this phase HCL will supply 2-lakh laptops out of a total order volume of 9-lakh laptop units. The project will enhance PC adoption among students in the state and the student community is expected to benefit from the scheme.

The laptops will also cover both Open Source "BOSS" operating system as well as Microsoft Windows. ELCOT is planning with other government organisations to provide a few useful educational applications along with each laptop. These applications will be pre-loaded in the laptops.

Speaking on the occasion, APS Bedi, executive vice president, HCL Infosystems said, "We are confident that such initiatives will boost PC penetration and democratise access to technology by students."

In the early afternoon, HCL Infosystems was trading at Rs50.20 per share on the Bombay Stock Exchange, 3.83% up from the previous close.

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Suzlon Group signs framework contract for up to 250 MW for French wind projects

“This agreement is the start of the breakthrough of the REpower 3.XM series in France, after the successful ramp-up in other European markets,” said Andreas Nauen, CEO, REpower Systems S.

Suzlon Group-subsidiary, REpower Systems SE, has signed a framework contract with Maia Eolis for the supply of up to 250 megawatts (MW) for onshore wind farms in France. The project is scheduled for delivery between 2012 and 2015.

The agreement strengthens the strategic alliance started with the first contract signed in 2004. The contract comprises REpower's best selling turbines-the MM82 and MM92-with a nominal power of 2 MW, and the new REpower 3.4M1054 and the 3.2M114 with 3.4 and 3.2 MW rated power respectively. The 3 MW series is the company's latest onshore development for sites with medium to low wind speeds.

Andreas Nauen, CEO-REpower Systems SE, said on the agreement: "We are delighted that Maia Eolis has confirmed REpower as strategic provider for wind turbines in the coming years. This agreement is the start of the breakthrough of the REpower 3.XM series in France, after the successful ramp-up in other European markets. Moreover, our 3.XM series ideally suits the conditions on the French wind market."

Tulsi Tanti, chairman, Suzlon Group said: "This is an important agreement for the Group, it underscores our competitive product offerings and our strong positioning in what is a key market for wind energy in Europe."

In the early afternoon, Suzlon Energy was trading at Rs29.95 per share on the Bombay Stock Exchange, 3.1% up from the previous close.

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