Areva T&D India Ltd., the local unit of the world's biggest maker of nuclear reactors, has been awarded a contract worth about €40mn with Larsen & Toubro Ltd. - ECC Division, for the supply of a substation package for Indira Gandhi International Airport in Delhi.

This contract is one of the biggest recently to be awarded in the Indian power distribution Industry. L&T is the main contractor for the Delhi International Airport Pvt. Ltd. (DIAL).

Vienna

Vienna - The price for crude oil produced by the Organization o

Vienna - The price of crude oil

Singapore - East Asian government ministers called for a "holistic and sustainable approach" to the spiralling food and fuel prices besetting the region, a statement said Wednesday.

The ministers of the 10-country Association of South-East Asian Nations (ASEAN), plus China, Japan, South Korea, India, Australia and New Zealand, noted that the problems of high food and oil prices are closely interlinked.

"We should pursue a holistic and sustainable approach to these issues given their inter-related nature, in particular the need to balance between food and biofuels production," the ministers said in a statement.