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Malawi-Mozambique interconnector starts – foreign companies share contracts

Malawi-Mozambique interconnector starts – foreign companies share contracts

Malawi Interconnection Project (MOMA), the 218 km transmission interconnector and Matambo Substation upgrade under Mozambique to end by October 2023. Electricity Supply Corporation of Malawi (ESCOM) has shared the contract with L&T from India, Sino hydro from China and Gopa Intec International from Germany. It will cost around $127million and add 50 Megawatts to the country’s power grid.

Read the original article here: https://allafrica.com/stories/202110210089.html

Airports set to increase revenue after Tata Group takes over Air India

Airports set to increase revenue after Tata Group takes over Air India

Air India’s acquisition by the Tata Group and privatisation will earn more revenue for India with the increase in luxury and business class travel, improved operational efficiency, and payment of dues on time from which airports will benefit. The Group have the second-largest fleet in the country holding about 57 per cent of the domestic market.

Read the original article here: https://www.moneycontrol.com/news/business/airports-set-to-increase-revenue-after-tata-group-takes-over-air-india-7608371.html

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