A consortium of Mahagenco and NTPC has emerged as the leading bidder, at ₹3,800 crore, to take over the 1,350 MW Sinnar Thermal Power plant. The plant, a subsidiary of RattanIndia Power, is currently defunct and has unresolved coal supply issues and right-of-way problems.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.