Punj Lloyd wins Bihar government contract for water plant

Infrastructure major Punj Lloyd Ltd said it has won a contact from the Bihar government for a water treatment plant to supply 6.224 million litres of drinking water per day to fluoride affected areas at Kharagpur. No financial details were provided.

The scope of work includes engineering, procurement, construction, installation and commissioning of a centralised water treatment plant to supply treated water to Khaira and its adjoining villages, the company said.

The project will be completed over a period of 24 months, it added.

On Tuesday, Punj Lloyd ended 0.35% down at Rs100.05 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.14% down at 19,196.34 points.

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Apollo Tyres signs MoU with Tamil Nadu government

Apollo Tyres Ltd has signed a supplementary memorandum of understanding (MoU) with the Tamil Nadu government for increasing its investments in the state to Rs2,100 crore as part of its greenfield project.

Considering the demand for the product, Apollo Tyres has decided to make a total investment of Rs2,100 crore, a state government release said.

With the additional investment the plant capacity would be increased to 6,000 truck and bus radial tyres per day along with 8,000 passenger car radial tyres per day, it said.

On Tuesday, Apollo Tyres gained 1.64% to Rs61.90 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.14% down at 19,196.34 points.

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L&T, Mitsubishi Heavy JV inaugurate facilities in Hazira

Larsen & Toubro (L&T) Ltd in joint venture (JV) with Mitsubishi Heavy Industries has inaugurated the country's first private sector facilities for the manufacture of supercritical boilers and turbine generators in Hazira, Surat.

Supercritical technology for coal-fired power plants is globally recognised as one of the most eco-friendly solutions to power generation. The technology ensures higher fuel efficiency leading to higher plant efficiency. Carbon emissions are reduced by as much as 5%. The L&T-MHI facilities are among the largest of their kind in the world, with a present annual capacity of manufacturing 5,000MW of equipment, to be expanded to 6,000MW by 2012.

On Tuesday, L&T ended 0.17% up at Rs1,785.50 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.14% down at 19,196.34 points.

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