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SAIL cuts prices by up to Rs 2,000 a tonne
The country"s largest steel maker, Steel Authority of India (SAIL), today said it has cut prices of its long products — used primarily in construction — by Rs 1,500-2,000 per tonne and may further lower the rates if the situation so warrants.

Mamata, CPM heat on land, railways in LS
The row between the CPI(M) and its arch rival, the Trinamool Congress (TC), over land refuses to die. After the land acquisition issue played a crucial role in the 2009 Lok Sabha polls in West Bengal, it became a hot topic again today, as the CPI(M) and the TC locked horns during the Railway Budget discussion in the Lok Sabha.

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Cement despatches: Back in double-digits
Healthy demand outlook and partial improvement in prices have perked up sentiment towards cement stocks.
International Business

BHEL sets up transformer manufacturing unit at Bhopal

State-run Bharat Heavy Electrical (BHEL) today said it has set up a new transformer manufacturing facility at Bhopal in Madhya Pradesh. - Singur renews its date with land protests - BHEL, MP power firm plan 1,600 Mw plant in Khandwa - Mamata moots rail coach factory in Singur - BHEL may have power venture at Nano"s Singur site - BHEL bags Rs 91 cr contract from UK firm - India Eco Summit: Alstom India in talks with Bhel, NPCIL in planned JV As it plans to expand its manufacturing capacity to 15,000 MW per annum, BHEL has set up a new transformer manufacturing facility at Bhopal in Madhya Pradesh," a company statement said. This new facility would enable BHEL to produce an additional 12,000 MVA (mega volt ampere) of transformers per annum. With this, the total installed transformer manufacturing capacity at the company"s Bhopal unit will go up to 30,000 MVA per annum, while the total capacity of BHEL, including its Jhansi plant, will go up to 45,000 MVA, it said. The new facility was inaugurated by Minister for Heavy Industries and Public Enterprises Vilasrao Deshmukh, Chief Minister of Madhya Pradesh Shivraj Singh Chouhan was also present on the occasion. BHEL currently manufactures equipment that can generate 10,000 Mw of power and the company plans to raise this capacity to 15,000 Mw by the end of next month.


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