A new study has disclos

Areva T&D India, the subsidiary of the France-based Areva Group, has received a prestigious order for two 500 MVA Power Transformers from Power Grid Corporation of India Limited.

The latest orders are considered as the highest in ratio 400 KV 3 phase class transformers in the country, which will PowerGrid in augmenting capacities of their 400 KV Substations at Malerkotla and Patiala in Punjab.

Both transformer orders are scheduled to be delivered by Q3 2010.

Mumbai-based Bio Green Industries Ltd, the parent Company of its wholly owned subsidiary Bio Green Papers Ltd, has signed a supply chain management agreement with Sundaram Multi Pap Ltd, for the procurement of raw material supply chain management.

The company officials believe that with latest agreement; they expect a monthly production of 1000 to 12000 tons of Kraft Paper used by Packaging Industry.

Presently, Bio Green Papers Ltd, has 40 TPD capacity of Kraft Paper and 40 TPD of Duplex Facilities.

Punj Lloyd Group, the diversified engineering, procurement and construction (EPC) Conglomerate, today announced three prestigious contracts worth Rs 308 crore for the construction of eight stations from the Bangalore Metro Rail Corporation.

The group is currently constructing Singapore’s Mass Rail Transit (MRT) Downtown Line’s Bayfront station at the Marina Bay, and a section of the MRT Circle Line besides projects for Delhi Metro.

BASF India Ltd, the Indian subsidiary of the German group BASF, has finally announced its financial results for the quarter ended on 31-Mar-2009.

The company has witnessed 3.25% surge in its net sales at Rs 20218 lacs for quarter ended on 31-Mar-2009, against Rs 19553 lacs for the quarter ended on 31-Mar-2008.

While on yearly basis, the company’s net sales grew to Rs.111560 lacs for the year ended on 31-Mar-2009, against Rs.91267 lacs for the year ended on 31-Mar-2008.

Mastek, a leading Indian IT solution provider with global operation, has informed that its wholly-owned US subsidiary MajescoMastek has entered into a partnership agreement with Flexi Software, a provider of best-of-breed financial accounting software, to deliver end-to-end integrated accounting solutions for insurance companies.