India’s Larsen & Toubro Ltd (L&T) said it has won a 28 mln eur order from a unit of China-based Zhongyuan Coal Chemical Industry Group, for the supply of a coal gasifier and cooler assembly.
In a regulatory filing, the country’s largest engineering and construction group said the order was won by its heavy engineering division [...]
Construction major Larsen & Toubro Ltd. (L & T) has bagged a contract worth 28 million euros ($ 44.13 million or Rs.1.70 billion) from China, the world’s largest and heaviest coal gasifier plant.
The Hebi Coal and Electricity Ltd., a subsidiary of Zhong Yuan Coal Chemical Industry Group’s mission.
Information of the Bombay Stock Exchange (BSE), an [...]
Some 1,500 coal miners staged a mass rally on Thursday on the front lawn of the state Capitol to protest legislation that they fear could eliminate their jobs.
The rally came two days after lawmakers narrowly defeated a bill aimed at stopping mining companies from blasting off mountaintops to expose coal deposits.
Gov. Steve Beshear made a [...]
Gold mining output in South Africa fell 16.5 percent in January from the same period last year because of power cuts, the national statistics agency said Thursday.
“Gold production decreased by 16.5 percent for the month of January 2008 compared with January 2007,” Statistics South Africa said in a statement.
And overall, “the reported electricity supply shortages [...]
Thailand and Cambodia plan to set up Joint Development Areas (JDA) covering 26,000 square kilometres of overlapping border areas to facilitate the exploration of natural gas and crude oil, Foreign Minister Noppadon Pattama said yesterday. Mr Noppadon said the Thai and Cambodian foreign ministries will hold talks on the establishment of the JDA to [...]
Origin Energy Ltd, Australia’s second biggest electricity and gas retailer, has forecast a stronger second half after delivering a 43.5 per cent increase in interim profit.
The power retailer delivered a half year profit of $334.7 million for the six months to December 31, 2007, compared to $233.1 million in the previous corresponding period.
“Based on current [...]
Origin Energy said on Thursday it expects a strong second half after delivering a fall in underlying profit for first half results, propelling the shares in the gas and electricity retailer as much as 8.6% higher.
Shares in ORG ended a five-day losing streak, climbing 63 cents or 7.9% to finish at $8.55.
The Sydney-based company posted [...]
The biggest German power company, EON, plans to sell its high-voltage network in anticipation of new European Union rules, press reports said on Thursday.
Plans to split off distribution networks worth more than one billion euros (1.5 billion dollars) were “well advanced” and EON chief executive Wulf Bernotat had already informed German Chancellor Angela Merkel, the [...]
