CHAMUNDI POWER SEEKS OKAY FOR ALMATTI PHASE 1

Article Abstract:

Chamundi Power has requested the Union ministry of power for permission to start work on the 300 mw phase 1 of the Almatti power project. The project has been delayed due to differences between Karnataka and Andhra Pradesh over raising the height of the Almatti dam. Phase 1 of the project does not require the height of the dam to be increased to 524 metres from 519.6 metres. The project will have a total power generation capacity of 1200 mw, from five power houses, at an investment of $1.2 billion. The Central Electricity Authority has already given its in-principle clearance for the project. (khr)

Comment:

Requests Union ministry of power for permission to start work on the 300 MW phase 1 of the Almatti power project

Facilities & equipment, Hydroelectric Power, Hydroelectric Power Generation, Chamundi Power

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CHAMUNDI MACHINE MAY DOWN SHUTTERS

Article Abstract:

The Karnataka government is most likely to close the loss-making Chamundi Machine Tools Limited (CMTL), producer of LB 17 centre lathes in technical collaboration with HMT Limited. The company is facing losses due to a decline in demand with availability of advanced technology machines at cheaper rates. The products of CMTL are considered obsolete as no efforts have been made to upgrade the technology since the unit was started. (gsh)

Comment:

Karnataka government is most likely to close this co, producer of LB 17 center lathes in technical collaboration with HMT

Machine Tool (Metal Cutting Types) Manufacturing, Lathes, Chamundi Machine Tools Ltd.

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BENCKISER (I) CLOSES DOWN INDIAN SHOP

Article Abstract:

The Indian subsidiary of Benckiser GmbH of Germany, Benckiser India (BI), has closed its operations in India. The closure was due to the inability of BI to achieve the targeted sales. BI started operations in 1995. It had posted sales of just Rs14 crore until its closure. Its product portfolio included the Jovan range of colognes and aftershaves and the Coty range of skin care products for women. (ag)

Comment:

Closes operations in India due to inability to achieve targeted sales

Toiletries, Toilet Preparation Manufacturing, Benckiser India

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