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Ultratech Cement: The Company, during the last week, has prepaid its Long-Term Loans amounting to Rs5,000cr. This is in line with the Company’s endeavour to maintain optimal capital structure.
IRB Infrastructure Developers: The Company announced an exciting end to the FY 2020-21 with addition of two new PPP projects in its portfolio.
NHPC: Competent Authority has accorded Government approval for investment of Rs.938.29 crore for acquisition of M/s Jalpower Corporation Limited (JPCL) and construction of balance works of 120 MW Rangit-IV HE Project, located on river Rangit in West Sikkim district of Sikkim, by NHPC Limited.
HPCL: Has completed a deal to acquire a 50% stake in joint venture HPCL Shapoorji Energy from SP Ports, a unit of Shapoorji Pallonji Group, for Rs397cr.
KNR Construction: The Company is in receipt of Letter of Acceptance for Six laning of Ramanattukara Junction to start of Valanchery bypass section of NH – 66 (old NH-17) from Design Ch. 258+818 (Ex. km 27.840 of Kozhikode bypass) to Design Chainage 298+500 (Ex. km 304.250) on Hybrid Annuiry Mode under Bharatmala Pariyojana in the state of Kerala.
Prism Johnson: The Company has recently commissioned 12.4 MW of Waste Heat Recovery System (WHRS) and 10 MW of solar power at its cement plant in Satna, Madhya Pradesh, as part of its sustainability initiatives.
Mahindra Holidays & Resorts: With the advisories / directives issued by the Finnish Government arising out of Covid-19, the operations in 3 SPA hotels of Holiday Club Resorts Oy (HCR), Finland, a Material Unlisted Subsidiary of the Company, will continue to remain suspended till May 2, 2021.
Bharat Electronics pays Rs174cr Second Interim Dividend to Government of India.
NTPC: Operations of Talcher Thermal Power Station, Odisha having total installed capacity of 460 MW shall be discontinued w.e.f. March 31, 2021.
Zensar Technologies announced that it is now an Adobe Experience Manager Specialized and Gold Partner in the Adobe Solution Partner Program. Zensar launched a collaborative solution, Digital Experience Accelerator (DEXA), last year.
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