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Global oil russia

Russia’s oil production reaches 518.017 MT in 2012 »

Moscow: Russia marked a 1.3% increase in its oil production statistics, touching 518.017 million tonnes (MT), disclosed a data released by the Central Administration of the Fuel and Energy Complex.…

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China kick starts construction of $476 mn nuclear power plant »

Beijing: China has initiated construction of a new nuclear power plant involving an investment of $476 million. The power plant is equipped with a 200 MW fourth-generation reactor, which is…

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Adani completes Carmichael mining exploration in record time »

Mumbai: Adani Group has commenced exploration at the single largest and most comprehensive coal mining programme in Australia. The company deployed a record number of drill rigs to drastic to…

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DEWA opens investment avenues for Indian firms »

Dubai: Spelling out investment opportunities, the Dubai Electricity and Water Authority (DEWA) has sought the participation of Indian firms in the water and energy technology sector in its premium Water,…

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GCC’s Oil & Gas projects to revive with contract worth $50 bn in 2013: Report »

Muscat: The Gulf Cooperation Council (GCC) countries is expected to award project worth $50 billion in 2013, which is estimated at almost double the amount that has been awarded this…

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South Korea shuts two nuclear reactors, unprecedented power shortage in time to come »

Seoul: Following the termination of two nuclear reactors in South Korea, Hong Suk, Knowledge Economy Minister has cited unprecedented power shortages in affected areas. The reactors were shut due to…

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News

OMRON inaugurates its first automation centre in India »

Glimpse of the machine area at the Omron Automation Center in Mumbai, India

Mumbai: OMRON Automation, part of Japan based OMRON Corporation, has launched its fifth automation centre in India yesterday. The company…

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GMR-Megawide consortia inks concession pact for Mactan-Cebu Airport project  »

GMR logo

Bangalore: GMR-Megawide Consortium today signed a formal concession agreement with the Department of Transportation and Communications (DOTC) for the up…

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XANDER Group infuses Rs370 cr in Rustomjee »

Rustomjee logo

Mumbai: Xander Investment Management Pte. Ltd, the private equity arm of the global investment firm, The Xander Group Inc has…

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Metso Board of Directors Rejects Weir’s Proposal »

The Finland based Mesto Corporation is quite confident of it growth prospects as a stand-alone firm and rejects the proposal…

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KMC’s Kalammawadi Direct Pipeline Project gets three bids »

Kolhapur:  Three companies – Larson and Toubro Ltd. (Chennai), Hyderabad based GKC Project Ltd and Megha Engineering – have approached…

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Santacruz – Chembur Link Road to open later this week »

Mumbai: India’s first double-decker flyover, part of the 3.5 km long Santacruz-Chembur Link Road, is expected to open for public…

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New Contracts

Punj Lloyd to design and construct infra facilities of Zliten City »

Punj Lloyd logo

New Delhi: Punj Lloyd has announced that the company has bagged contract to design and construct infrastructure facilities of Zliten City, Libya. The project spread over 2,400 hectares approx. involves design and construction of storm and sewer network, water network, telecommunications and power distribution network, natural…

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Alstom to supply HVDC transformers for Powergrid »

Alstom logo

New Delhi: Alstom T&D India and Alstom Grid UK Ltd recently won a €22.75 million (Rs1820 million) contract from Powergrid Corporation of India Ltd (PGCIL) to supply and refurbish 234 MVA and 400 kV high voltage direct current (HVDC) converter transformers. The scope of contract…

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BHEL wins order for 120 MW hydro electric project in Uttarakhand »

BHEL

New Delhi: Bharat Heavy Electrical Ltd (BHEL) has been awarded contract for setting up a 120 MW Vyasi hydro electric project in Uttarakhand. The contract worth Rs125 crore from Uttarakhand Jal Vidyut Nigam Ltd (UJVNL) has been won in the face of stiff international competition.…

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L&T Construction bags contract valued Rs1009 cr »

l&T Construction

Mumbai: L&T Construction has secured new contracts totaling Rs1009 crore in March 2014 across various business segments – Buildings & Factories, Transport Infrastructure and Power Transmission and Distribution business. The company’s Buildings & Factories business has bagged new design and build orders valued Rs573 crore…

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Alstom to supply supercritical boilers and components for NTPC’s power plant »

Alstom logo

New Delhi: Alstom has bagged contract from BHEL to supply 3×660 MW supercritical boilers and components for NTPC’s North Karanpura coal power plant in Jharkhand. Alstom is the sole licensor for BHEL supercritical technology. “We are delighted to receive this new contract from BHEL, which…

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IL&FS to develop Kolkata metro stations »

IL&FS Engineering

Kolkata: IL&FS Engineering & Construction Company Ltd has bagged contract from Rail Vikas Nigam Ltd, Kolkata to develop Kolkata metro stations. The contract worth Rs299.76 crore includes construction of seven elevated metro stations from Sub CBD -1 to Titumir in New Garia – Airport Metro…

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Oil and Gas

India to be Connected with Russia through $ 30 bn Oil Pipeline »

Riding on the expectation of rising energy demand in the World’s two largest populated nations China and India, Russia will be soon connected with these…

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Shell inaugurates first Research Centre in China »

Shell new global centre in Shanghai

Shanghai: Royal Dutch Shell has unveiled new global centre in Shanghai, China – Shell (Shanghai) Technology Ltd – dedicated to lubricants and oils. The Shanghai…

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GAIL, Chubu Electric ink MoU for joint LNG procurement »

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New Delhi: State-owned natural gas processing and distribution company GAIL and Japan based Chubu Electric Power Co Inc has signed Memorandum of Understanding (MoU) to…

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Performance Highlights India-Economic-Growth

India’s economic growth to not exceed more than 6%: Assocham

New Delhi: Contrary to the Prime Minister’s outlook projecting India to post a 8% growth rate, global research agency Assocham foresees India’s economic growth to register below 6% in the current fiscal. The chamber in its…

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Ports and Shipping

Gujarat Pipavav Approves Expansion Plan

Gujarat Pipavav Port all set to augment container handling capacity and it will be carried out in phased manner. A revised expansion plan for container handling capacity of Phase-II, located in Amreli district of Gujarat has…

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Product Launch jcb

JCB’s new Loadall fleet to be equipped in Brazil

Sao Paulo: Toniolo Busnello, one amongst Brazil’s leading tunneling companies, invested in four additional 535-125 models for the construction of the new highway around Brazil’s largest city, Sao Paulo. The newly launched machines has the potential…

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Projects World Rajpura supercritical thermal plant

L&T Power starts commercial operations at Rajpura supercritical thermal plant

Patiala: L&T Power has commenced commercial operations of the Unit-I of 2×700 MW Rajpura Thermal Power Project at Nalash, Dist Patiala, Punjab after successful commissioning and testing held on January 31, 2014. “We have demonstrated our…

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Railways sil-LMG Tunnel

Lumding-Silchar broad gauge project on track

Work of one of the most important railway projects of North East (Lumding-Silchar broad gauge) is going on in full swing. Work on the Northeast Frontier Railway’s (NFR’s) Lumding-Silchar broad gauge project in Assam is going…

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Real Estate

Merlin Group to come up with two Realty Projects in Gujarat

Merlin Group to build residential projects with excellent amenities like automatic elevator, air-conditioned gymnasium, fully automatic water softening plant in Gujarat. Merlin Group is contemplating to develop two residential projects-Merlin Opal and Merlin Sparsh, in an…

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Urban Infra Mumbai Metro

CMRS to start last safety check of Mumbai Metro Phase 1 soon

The last safety check on the 11.4 km long Versova-Andheri-Ghatkopar corridor (phase 1 Mumbai Metro) will start on 18 April, 2014. The Commissioner of Metro Railway Safety (CMRS) will conduct the safety check. This is the…

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View-Points

Infrastructure will drive India’s Growth Story

Infrastructure will drive India’s Growth Story Infrastructure investment is a key towards achieving double digit growth rate and as the government finances are constrained, PPP is the Way forward. However, due to a slew of reasons,…

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