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Norms eased to draw in more suppliers for power equipment

Indias primary planning and advisory body for the power sector has loosened a significant condition for power equipment supplies in public sector projects, aiming to enable utilities to issue tenders that facilitate greater involvement from private vendors, sources familiar with the matter revealed.
Larsen Toubro Central Electricity Authority Damodar Valley Corporation Raghunathpur Bharat Heavy Electricals Ltd Damodar Valley Corporation Damodar Valley

ge power india: NCLT allows GE Power to withdraw insolvency petition as BHEL offers settlement

The National Company Law Tribunal on Wednesday allowed GE Power to withdraw its insolvency petition against public sector undertaking, Bharat Heavy Electricals Ltd, with the liberty to revive if the operational debt is not settled. Counsels for GE Power Akshay Sapre, along with Abhijit Swarup and Aneesha Rastogi from The Guild, a law firm, informed the tribunal that BHEL had sent a letter to GE Power to settle Rs 25 crore of debt amount owed to GE Power.
Tamil Nadu Aneesha Rastogi Akshay Sapre Abhijit Swarup Bharat Heavy Electricals Ltd National Company Law Tribunal On

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GE to Provide Propulsion Systems for the new French Navy Logistic Support Ships

The first MV7000 drives for the LSS FLOTLOG program has successfully passed their Factory Acceptance Tests at GE Power Conversion Nancy Factory, reaching a first milestone for the new fleet of logistic support ships (LSS) of the French Navy.
Kate Inglis Philippe Piron French Navy Organisation For Joint Armament Shipyard For The French Navy Factory Acceptance Tests

Stocks to Watch: Future Retail, BPCL, Essar Shipping, Torrent Pharma, GE Power

Stocks to Watch: Future Retail, BPCL, Essar Shipping, Torrent Pharma, GE Power Photo: PTI Share Via Read Full Story NEW DELHI : Here is a list of top 10 stocks that could be in focus on Tuesday: Future Retail: The Delhi High Court on Monday quashed an order that halted Future Group’s ₹24,713 crore deal to sell its assets to Reliance Industries Ltd, dealing a blow to Amazon.com Inc.’s efforts to block the sale. TRENDING STORIESSee All Maharashtra Covid surge: Night curfew starts from 28 M...
Astrazeneca Pharma Reliance Industries Ltd Torrent Pharmaceuticals Jindal Stainless Hisar Ltd Delhi High Court On Tata Steel

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