Clearing the Tax Clutter

October 2016

India has a unique indirect tax landscape for the infrastructure sector. While the sector enjoys a plethora of concessions and exemptions, the very n...

Tags: GST, DEEPAK PREMNARAYEN, Infrastructure, Offshore, EPC contractor, Generation, Distribution of power, Supply chains interlinkages, Logistics, VAT, CST liability, PPP route, Deepak Premnarayen, FirstRand Bank India

TN to float tenders for solar projects

October 2016

Tamil Nadu is back on a tender mode for solar power projects, reports the Economic Times. Though the price per unit of solar power has been falling a...

Tags: Solar power projects, Power purchase, Tamil Nadu Electricity Regulatory Commission, Tamil Nadu Generation and Distribution Company

Counterparty delays forcing Renewable Energy projects to run out of steam, says Ind-Ra

September 2016

State power utilities’ (major power purchasers) insensitivity to projects’ debt service commitments and delays in making payments – problems specific...

Tags: State power utilities, India Ratings and Research, Central Government, Counterparties, Ujwal Discom Assurance Yojana scheme, Maharashtra State Electricity Distribution Company, Power generators, Renewable projects

Toshiba Johnson Elevators launches “ELCOSMO-TJ” elevator model for India

September 2016

ELCOSMO-TJ is the latest series of elevators launched by Toshiba Johnson Elevators India (TJEI), targeting the ever-growing mid-rise buildings of the...

Tags: ELCOSMO-TJ, Elevators, Toshiba Johnson Elevators India, PMSM motors, Johnson Lifts, Distribution Yoshiyuki Mabuchi, Escalators, Components

O+P opens branch in India

September 2016

Created with the aim of directly managing sales activities locally and identifying new strategic assets, O+P inaugurated its India branch (O+P India ...

Tags: O+P India Pvt Ltd, Machines, Equipment, Press release, American, Canadian, Distribution, Massachusetts, O+P Internationalisation Project

States to get Central support for free power scheme

September 2016

The Centre will extend financial support to states to enable them to offer new electricity connections free of cost to everyone....

Tags: Electricity, BPL, Union Power Ministry, Rural Electrification Corporation, Piyush Goyal, Power Distribution, Meters

Reliance Infra profit rises 7% to Rs 439 crore

September 2016

Reliance Infrastructure (R-Infra) has reported a 7.2 per cent rise in its net profit for the April-June quarter, on the back of lower expenses. The c...

Tags: Reliance Infrastructure, Power Distribution, Transmission, EPC

Donaldson completes acquisition of Partmo Filter Business in Colombia

September 2016

Donaldson Company, Inc announced that it has completed the previously announced acquisition of certain business assets from Industrias Partmo, S.A. i...

Tags: Donaldson Company, Industrias Partmo, Bucaramanga, Colombia, Partmo acquisition, Guillermo Briseño, Distribution, Tod Carpenter, Engine Products segment