Mumbai-based energy carrier Varun Shipping has informed that it has taken delivery of fourth 2008 built 16,100 BHP Anchor Handling Towing and Supply Vessel (AHTS).

The company will used this for deep sea oil exploration activity going on in areas like North Sea, KG basin and Atlantic Ocean off the coasts of Nigeria, Brazil and Mexico.

With the latest acquisition, the company owns a well diversified fleet of 20 vessels comprising of 11 LPG carriers, 3 double hull aframax crude tankers and 6 anchor handling towing and supply vessels.

Mumbai-headquartered Kilburn Engineering has received orders worth Rs 21.9 crore for supplying dryers from Tata Chemical, Tea Estates and Rice Mills.

The company has won an order worth Rs 11.10 crore for supply of calciner from Tata Chemical while secured an order worth Rs 10.80 cr from tea estates and rice mills for supply of tea and paddy dryers.

The Mumbai-based Petron Engineering Construction has secured an order worth Rs 8.72 crore for electrical erection power plant from Lanco Infratech.

The scope of work includes complete package of electrical erection for their 366-MW combined cycle power plant in Andhra Pradesh

Incorporated in 1976, Petron Engineering provides services in mechanical, erection, piping, electrical, instrumentation, painting, refractory and insulation work for refineries, chemicals, petrochemicals, cement, fertilizers, metallurgical, power plants and other industrial plants.

Refex Energy, the part of BSE-listed Refex refrigerants, has informed that the firm is setting up a 50 MW solar PV power plant in Gujarat.

Recently, the energy firm for the purpose has signed a MOU with energy and petrochemicals department in the State.

Refex Energy stated in an official communiqué that it intends to begin the first phase of the 50 MW in 2009 and complete the investment in stages.

The Chandigarh-based Venus Remedies’ manufacturing facilities at Baddi Campus has secured Good Manufacturing Practices certificate from the Ministry of Health and Medical Education of Iran which will enable the Company to export its products to Iranian market.

Technical analysts believe that this is a major breakthrough for the Company as Iran holds a significant share in Middle Eastern Pharmaceutical market and would open door to other Middle Eastern Markets as well.

Syngene International, a unit of Indian biotechnology major BIOCON Group, has informed that it will offer fully integrated drug discovery services by partnering with Sapient Discovery, a US based Biotechnology Company.

Sapient Discovery uses integrated, proprietary computational and experimental laboratory technologies, and cellular biology and proprietary data mining to accelerate the drug discovery and optimization processes.