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RTS Power secures orders worth Rs 18.25 cr

New Delhi, May 15: RTS Power Corporation Ltd today said it has bagged orders worth Rs 18.25 crore in its power and EHV units at Jaipur for supply of power transformers from power utilities.

The first two contracts valued at Rs 8.12 crore and Rs 5.27 crore are for a 10 MVA and 5 MVA transformer, respectively.

The last order for a 3.15 MVA transformer is worth Rs 4.96 crore, a statement said.

The company also stated it has started supplying cables and conductors against the orders received from various power utilities.

UNI

Obama memorabilia industry 'worth at least a quarter of a billion dollars'

Washington, Jan 20 (ANI): As the world continues to drown in recession, a surprising new finding has come to surface - the Barack Obama industry is reportedly worth at least a quarter of a billion dollars.A CBS News business correspondent has reported that the business of Obama is booming."We even sell an Obama dollar bill now that has his picture on it for 10 dollars. So even his money's more valuable," said Jim Warlick, owner of the Washington,.....
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