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L&T concludes the divestment of 99 MW Hydro Power Plant with Renew Power

L&T concluded the divestment of its 100% stake in the 3 x 33 MW (99 MW) hydroelectric power plant at Singoli-Bhatwari in Uttarakhand

L&T signs agreement to divest Singoli-Bhatwari hydroelectric project

Larsen & Toubro, announced the divestment of 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.

Technology Rules at Alto Maipo Project

For Chile, the Rio Maipo is a stroke of luck to supply the nearby capital Santiago with energy: In the mighty ‘Alto Maipo’ power plant project, the planners are relying on European and - in particular - German technology.

Linden Comansa helps build Colombia?s largest hydroelectric power plant

Three Linden Comansa tower cranes are being used to help build the Ituango hydroelectric power plant, set to become Colombia?s biggest power plant and currently the largest infrastructure project under way in the country.

Ensure that stalled projects are cleared without further delay

Make in India campaign will push for necessary policy reforms which will make it easier for prospective investors (domestic and international) to explore India as a business destination, particularly for infrastructure building equipment, says Amit Gossain, EVP - Sales, Marketing and Business Development, JCB India.

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

Movers & shakers