Punj Lloyd wins contract worth Rs153 crore

“The work consists of structural, mechanical and piping works forming part of the Jurong aromatics complex project located at Jurong Island, Singapore,” Punj Lloyd said in a filing to the BSE.

Leading infrastructure firm Punj Lloyd said it has bagged a contract for mechanical works worth $30.80 million (about Rs153 crore) from Singapore's SK Engineering and Construction Co Ltd.

“Punj Lloyd has been awarded a contract for mechanical works for a value of $30.80 million. The said works shall consist of structural, mechanical and piping works forming part of the Jurong aromatics complex project located at Jurong Island, Singapore,” it said in a filing to the BSE.

However, the company did not disclose the time frame for the execution of the project.

In the early afternoon, Punj Lloyd was trading at around Rs57.40 per share on the Bombay Stock Exchange, 3.04% down from the previous close.

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Subex launches integrated bypass fraud solution

The solution seamlessly integrates the Test Call Generator approach with Subex's ROC fraud management solution combining the strengths and eliminating the weaknesses of each individually, Subex said.

Subex, a leading global provider of business support systems for communications service providers (CSPs), announced that it has launched its "integrated bypass fraud solution".

"The solution has been introduced to combat the growing threat of bypass fraud and help CSP's more proactively reduce fraud losses", the Bangalore-headquartered company said in a statement.

The solution seamlessly integrates the Test Call Generator (TCG) approach with Subex's ROC fraud management solution combining the strengths and eliminating the weaknesses of each individually, the company said.

"The fraudulent SIM box numbers detected by the TCG are then put into the ROC FMS, which performs near real time xDR, subscriber, dealer and location analysis", it said. "Rather than targeting individual connections, this helps identify the whole bypass racket, which is faster than traditional methods involving more manual efforts".

The fraud management solution also provides feedback on new routes and traffic quantity of existing routes to the TCG, ensuring complete coverage and elimination of bypass fraud, the statement added.

In the early afternoon, Subex was trading at around Rs27.60 per share on the Bombay Stock Exchange, 1.95% down from the previous close.

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Suzlon arm REpower wins UK projects

Armistead wind farm will have a rated output of 12 megawatts (MW) and will generate enough electricity to power the equivalent of nearly 7,000 homes annually.

Suzlon Group-subsidiary, REpower Systems SE, has signed contracts to supply wind turbines for two wind farms in England - Armistead and Carsington Pasture.

Armistead wind farm in South Cumbria is owned by Banks Renewables, and will see six REpower MM82 machines installed. Carsington Pasture wind farm is owned by independent power generation company, International Power, and will consist of four MM82 wind turbines. The MM82 turbines have a rated output of 2.05 MW each.

Armistead wind farm will have a rated output of 12 megawatts (MW) and will generate enough electricity to power the equivalent of nearly 7,000 homes annually.

The four turbines at 8.2MW Carsington wind farm will in total generate enough electricity to power the equivalent of at least 4,500 homes annually.

The construction is due to start in summer 2012 for Carsington Pasture. Both Armistead and Carsington Pasture are expected to be completed in early 2013.

Phil Dyke, development director of Banks Renewables, said: “The REpower turbines we've specified provided the optimum solution for the Armistead scheme, and we're pleased to continue to have the company's support in our drive towards becoming one of the UK's leading owner/operators of onshore wind farms.”

Rick Eggleston, managing director of REpower UK, commented: “I am pleased to announce the closure of these contracts. Armistead wind farm demonstrates our ongoing relationship with Banks Renewables and south Cumbria is the ideal location for our MM82 machine. We are delighted to have signed – after Flimby – a second project with our customer, International Power, and we look forward to working with them.”

REpower's first project with International Power was signed at the end of 2011. Flimby wind farm will consist of three MM82 and is scheduled for completion at the end of 2012.

Since its launch in 2004, REpower UK has delivered 37 onshore wind farms in Scotland, England and Wales and two offshore wind farms: Project Beatrice in the North Sea and its largest offshore contract to date in the UK is the Ormonde wind farm, owned by Vattenfall. This offshore wind farm in the Irish Sea consists of the 30 REpower 5M wind turbines with a total rated output of 150 MW.

In the early afternoon, Suzlon Energy was trading at around Rs29.55 per share on the Bombay Stock Exchange, 1.50% down from the previous close.

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