- Cement prices will remain at a 'reasonable' level, says govt (The Hindu Business Line 27th Nov 2007)
The Government on Tuesday said cement prices would remain at a "reasonable'' level owing to capacity addition by the industry coupled with a liberal import policy. "Cement prices have been stable for sometime. With a liberalised import regime we hope that the situation would be reasonable,'' Mr Ajay Shankar, Secretary in the Department of Industrial Policy and Promotion, told reporters on the sidelines of the 10th international seminar of National Council for Cement and Building Materials at New Delhi. - Lafarge to resume Meghalaya mining this week (The Hindu Business Line 26th Nov 2007) French cement company Lafarge is resuming limestone quarrying operations and restarting movement of limestone to its Bangladesh plant this week after more than six months of complete halt at Nongtrai mine in Meghalaya. ...
Jyoti Structures on Tuesday said it has bagged two orders worth Rs 253 crore from Uganda Electricity Transmission Company Ltd and Eskom Enterprises (Pty) Ltd for construction of transmission lines. The company has bagged Rs 160-crore order from Uganda Electricity Transmission Company Ltd for construction of transmission lines and sub-stations. Besides, the company's joint venture company Jyoti Structures Africa (Pty) Ltd has bagged a contract for Eskom Enterprises (Pty) Ltd, the electricity utility of South Africa for construction of transmission line. The scope of the order from Uganda Electricity Transmission Company includes supply and erection of Bujagali Interconnection Project, the manufacturer of transmission line towers informed the Bombay Stock Exchange. The contract valued at around $39.64 million (Rs 160 crore) is to be executed in 24 months, the company said, adding the company would construct 220 kV and 132 kV transmission lines and substations.
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