San Miguel, through its subsidiary Universal LRT (ULC), has reached financial close on the Metro Rail Transit (MRT) Line 7 project in Philippines.
After the Spanish housing construction market was severely damaged during the recession, the country’s crane manufacturers had to look abroad and expand their portfolios. Daniel Searle reports from Zaragoza.
Bharat Heavy Electricals Limited (BHEL) has secured a contract from NTPC for the supply of two 800MW steam generators (boilers) with supercritical parameters for a power plant project in Telangana, India.
Chinese bio-energy company Sunshine Kaidi New Energy Group is set to construct a €1bn ($1.13bn) biofuel refinery in Kemi, Finland.