DSIJ Mindshare

On Friday, LT Foods announced that Kameda India Private Limited, a 51:49 joint venture between LT Foods Limited and Kameda Seika, Japan, has inaugurated a manufacturing facility in Sonipat.

Bharat Heavy Electricals Limited (BHEL) announced that it has successfully renovated and modernized one unit of the 3x60 MW Baira Siul Hydro Power in Himachal Pradesh. The Baira Siul is the first hydro station of National Hydroelectric Power Corporation (NHPC) to have been taken up for comprehensive renovation and modernization (R&M).

Reliance Infrastructure (RELINFRA) announced that it had won an arbitration award of 350 crore, including interest against the government of Goa. The dispute had been taken to arbitration when the Goa state utility delayed payments to Reliance Infrastructure for the power supplied to it from its 48 MW-Goa power plant in Sancoale.

The shares of the Indian Overseas Bank (IOB) surged as much as 6.48 per cent on Friday after the public sector bank announced that the Government of India had sanctioned a capital infusion of 4,360 crore in the bank.

On Tuesday, Transformers and Rectifiers (TRIL) announced that it had been awarded an order of transformers to the tune of US$23,586,713, equivalent to Rs 166 crore from Transmission Company of Nigeria Plc.