Public Sector – Page 15 – Kerala Biz News

Inkel to invest Rs.5,000 crore in infrastructure projects in Kerala

January 7, 2012April 17, 2013 Kerala Biz News

Tvm: Infrastructures Kerala Limited (Inkel), will invest Rs.5,000 crores in the next four years to support the basic and industrial infrastructure in Kerala. The Government has given in-principle nod for ten projects which is expected to get clearance by the end of this financial year. The fund will be raised through equity and borrowings from financial institutions and some of the directors of the company have expressed interest to invest in feasible projects.

KSIDC ties up with Gail Gas for JV project

December 7, 2011April 17, 2013 Kerala Biz News

Kochi: The Kerala State Industrial Development Corporation Ltd (KSIDC) has tied up with Gail Gas Ltd. to set up a joint venture company, Kerala Gail Gas Ltd. (KGGL) to implement supplementary gas infrastructure in Kerala. KGGL will also be setting up a Gas Training Institute at Angamaly, near Kochi on land to be provided by KSIDC.

TELK registers turnaround, declares dividend

August 23, 2011April 17, 2013 Kerala Biz News

Tvm: The Angamaly based State Owned Enterprise, Transformers and Electricals Kerala Ltd. (TELK) has turned around from being a ‘sick’ company to register a turnover of Rs.200 crore and declared dividend for 2009-10 and 2010-11 after 30 years. The company has benefited from its three-year-old association with the National Thermal Power Corporation (NTPC).