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Tag results for... "acquisition"

Defence Acquisition Council approves proposal worth Rs 2,236 crore

New Delhi: The Defence Acquisition Council (DAC) in its meeting of November 23, 2021, held under the Chairmanship of Defence Minister Rajnath Singh accorded Acceptance of Necessity (AoN) for one.......

Resurgent Power wins bid for acquisition of NRSS XXXVI Transmission Project

Tata Power, through Resurgent Power, had bid for acquiring 100 percent stake in NRSS XXXVI Transmission Project The NRSS XXXVI was incorporated as a special purpose vehicle (SPV) to establish.......

Defence Acquisition Council approves proposals worth Rs 7,965 crore

DAC has approved the proposal to procure 12 Light Utility Helicopters from HAL Lynx U2 Fire Control System from BEL to enhance detection tracking and engagement capabilities of Naval.......

Adani Transmission signs SPA with RECPDCL for acquisition of MPPTPL

With this acquisition, the cumulative transmission network of Adani Transmission will reach more than 18,300 ckt kms of transmission line MPPTPL consists of more than 1,000 ckt kms of.......

Real-time data acquisition system launched in APEPDCL, courtesy PFC

New Delhi: Andhra Pradesh Eastern Power Distribution Company Limited’s (APEPDCL) Chairman and Managing Director K Santhosha Rao inaugurated the Real-Time Data Acquisition System (RT-DAS).......

No decision has been taken on Air India so far: Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well-defined.......

Tata Sons emerges as the highest bidder for Air India

New Delhi/ Mumbai: (Air India Privatization news) Tata Sons has emerged as the highest bidder for the Air India acquisition. According to highly placed sources, the govt has accepted Tata Sons’.......

Public-private partnership can bring defence production revolution: Rajnath Singh

Government reforms aim to create long-term linkages with OEMs to meet global demands, said Defence Minister The focus must be on emerging areas such as cyberspace & AI Public-Private.......

MoD inks deal for 56 C-295 MW transport aircraft from Airbus

The first C-295 MW aircraft will be delivered to IAF in 2 years; New ones will replace ageing Avros An estimated price of the deal for 56 C-295 MW transport aircraft is Rs 22,000 crore New.......

Adani Transmission receives LoI for acquisition of MP transmission project

The project ‘MP Power Transmission Package-II Limited’ comprises more than 850 ckt km of Transmission Lines and AIS Substations (220kV and 132kV) in 18 districts of MP Adani.......

GAIL in process of accepting LoI, signing SPA with IL&FS for buying 26% stake in OTPC

Once the SPA is signed, IL&FS will send the proposal to National Company Law Tribunal (NCLT) for approval, GAIL told the bourses The transaction will be completed and IL&FS’ shares.......

MCL completes land acquisition of Bhalugadia village in Talcher for coal mining

Bhalugadia, a compact village spread over 17 hectares of coal-bearing land in Talcher coalfields, had 288 families living there The village was acquired under CBA (Coal Bearing Act) by MCL, a.......

BPCL pays Rs 2,399 cr to OQ, completes stake acquisition in Bharat Oman Refineries

BORL is a 7.8 MMTPA capacity central India oil refinery, located in Bina, Madhya Pradesh Since March 2020, BPCL had been holding 63.4 percent while OQ had 36.6 percent equity in the.......

Defence Acquisition Council clears Rs 43,000 crore project to build 6 submarines

New Delhi: The Ministry of Defence on Friday cleared a mega project to domestically construct six conventional submarines for the Indian Navy at a cost of approx Rs 43,000 crore in a major decision.......

MRPL acquires 100% shares in OMPL from ONGC

MRPL had acquired majority shares held by ONGC in the company earlier in January this year Now on acquisition of balance 0.0002 percent equity holding of OMPL, OMPL has now become a.......