ABB has won an order of about Rs 115 crore from Indian Railways (Diesel Locomotive works, Varanasi) to supply traction transformers. These transformers are customized for the WAP-7 type electric locomotive. The 6000 horsepower capacity locomotive is capable of hauling 24 coaches at speeds of up to 140 kilometers per hour.
The project is part of the 'Mission Electrification' initiative of the Indian Railways, which aims to convert an additional 24,000 kilometers of railways network from fuel oil to electrification. The mission also aims to enhance energy efficiency by adopting high quality equipment and facilitating the increased adoption of renewable energy in railway operations.
The transformers will be manufactured at ABB's Vadodara facility in Gujarat.
Adani and Total have signed an agreement to jointly develop multi-energy offerings to the Indian energy market. The diversified portfolio includes Liquefied Natural Gas (LNG) and Fuel Retail.
The partnership has set a target of developing various regasification terminals including Dhamra LNG, on the East coast of India. Most essentially it would be a big stride towards India's vision of achieving a healthier energy mix through promotion of LNG.
Total and Adani will create a Joint Venture with an objective to build a retail network of 1,500 service stations over the period of 10 years, on the main roads of the country, such as highways and intercity connections to take advantage of a market growing at 4% per year driven by the development of road infrastructures and the emergence of middle class, which has been open to private investors since 2014. These new service stations, in line with international standards, will offer Indian customers Total's full lineup of fuels, lubricants, as well as a broad range of other products and services.
AMJ Land Holdings will hold a meeting of the Board of Directors of the Company on 20 October 2018.
Ashiana Agro Industries will hold a meeting of the Board of Directors of the Company on 8 November 2018.
Asian Hotels (North) will hold a meeting of the Board of Directors of the Company on 23 October 2018.