Omaxe | Shipping Corporation | Cheviot Company | MBL Infrastructures

2010 February 15

Omaxe

Omaxe laid the foundation of Omaxe Waterfront City, the first hi-tech township in Allahabad. Omaxe Waterfront hi-tech township is spread over approximately 1,535 acres. Omaxe. Through an SPV has already signed a developer`s agreement with Allahabad Development Authority for approximately 725 acres with an environmental clearance already been obtained.

Shipping Corporation

Shipping Corporation of India Ltd has informed that the Company has given physical delivery of its 1 (one) Crude Oil Tanker m.t. ‘Flying Officer Nirmal Singh Sekhon, PVC’ to its buyer.

Cheviot Company

With reference to the earlier announcement regarding Strike, Cheviot Company Ltd has now informed BSE that the indefinite strike called by the Central Trade Unions in Jute Industry, has been called off with effect from February 14, 2010. Accordingly, the manufacturing operations at the Company’s mills at Budge Budge have started and it is expected that normal operations will be achieved shortly

Adani Power

Adani Power Ltd said it has received a letter of intent from the government of Madhya Pradesh to develop a 1,320 mega watt power project. The company will first commission a 660 mega watt unit within a period of 42 months and will first sell 40 percent of the aggregate power to the state government for a period of 20 years and balance through long-term or medium-term arrangement.

MBL Infrastructures

MBL Infrastructures has bagged contracts from Reliance Infrastructures, worth Rs 1 billion. Reliance Infrastructures has awarded two contract for its 6×660 Mw Sasan Ultra Mega Power Project, Sasan, MP. The first contract is for construction of plant road works at site. The second contract is for stone, mining, quarrying, O&M of aggregate crushing plant, DG sets, weigh bridge including transportation of final products from crusher to batching plant located at site.

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