Webel-SL cancels plan to buy Singapore JV

Thursday, February 21, 2008, 17:51 [IST]

New Delhi, Feb 21: Solar cell maker Webel-SL Energy Systems Ltd today said its board had decided to cancel its earlier decision to acquire the remaining 75 per cent stake in a joint venture in Singapore. The company, which owns 25 per cent in a joint venture with Micro Power Trading Co Pvt Ltd, had, on February 1, said it has got board approval to buy out the remaining stake for Rs 168 crore. Webel-Sl Energy Systems was to acquire the balance 50,000 shares (equivalent to 75.08 per cent of the equity share capital) in the JV called Micro Power Trading.

UNI

Topics: webel sl, new delhi, joint venture, singapore, equity shares

Other articles published on February 21, 2008

Delhi govt gets Best E-Governed State Award in Northern region

Friday, February 24, 2006,21:02 [IST]

New Delhi, Feb 22 (UNI) Delhi government has been adjudged as the best e-governed state in the Northern region by the first ever survey conducted by Detaquest and IDC. Dataquest was one of the established IT magazines of the country published by Cybermedia group. IDC, an IT research company and Dataquest had devised elaborate procedure for marking the use of technology for providing citizen services, an official statement said today. All citizen-centric departments like transport, revenue, police, taxation,.....

DDA to hold camp at Rohini

Friday, February 24, 2006,21:02 [IST]

New Delhi, Feb 22 (UNI) The Delhi Development Authority (DDA) will organise a Lok Shivir on Friday to deal with conversion cases among its allottees under the Rohini Residential Scheme. Activities such as execution of conveyence deed, sale of conversion application, reciept of conversion applications and reciept of other miscellaneous requests related to conversion and lease will be taken up at the camp, a DDA release said. UNI AR RL RK1930 .....

Limitless Updates

India News

News Archives

Assam Company commences oil delivery from Amguri field

Friday, February 24, 2006,21:01 [IST]

New Delhi, Feb 22 (UNI) Assam Company Ltd (ACL) has begun delivery of oil from its operated field in Amguri to Indian Oil Corporation Ltd (IOCL) refinery in Guwahati, Assam, about 115 km away. The oil is being sold at the same price as a basket of crude oils with similar characteristics traded in the international market, a company release here said. The oil produced from Amguri is first trucked to Oil India Ltd (OIL) facility at Moran.....