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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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Mugabe urges to confront energy disparity »

Zimbabwe: Zimbabwean President Robert Mugabe while speaking on the occasion of the African Energy Summit – part of the World Energy Forum has urged the global energy leaders to challenge…

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Oil giants facing growth output dilemma »

London: With the budding cost of exploration and development, leading internal oil and gas companies are biting the bullet to deliver the output growth. The third-quarter results released by Exxon…

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L&T Construction bags Rs1283 cr water project orders »

l&T Construction

Mumbai: The Water & Renewable Energy Business of L&T Construction, a leading player in the water infrastructure and renewable energy…

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New Excavator from BEML for construction segment »

BEML's Excavator BE220G for Construction segment

Bangalore: BEML recently unveiled a robust and high performance excavator BE220G for the construction segment. The ergonomically designed cabin provides…

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Manitowoc delivers India’s first Potain MCi 48 C to Divakar Construction »

Potain MCi 48 C in India

One of the fastest growing construction companies, Divakar Construction & Builders has taken delivery of India’s first Potain MCi 48…

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Lanco sells Udupi Power plant to Adani »

1200 MW Udupi Power plant

New Delhi: Lanco Infratech Ltd (LITL) on Wednesday announced that it has sold its 1200 MW Udupi Power plant to Adani…

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Government to develop Jharsuguda Airport »

New Delhi: Government has outlined plans to develop Jharsuguda Airport for operations of A320 type of aircraft, informs Minister of…

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JSPL launches ready-to-use Cut & Bend rebars unit in Faridabad »

JSPL’s new ready-to-use Cut & Bend rebars facility in Ballabgarh, Faridabad

New Delhi: Jindal Steel and Power Ltd (JSPL), one of India’s leading Steel & Power Company on Yuesday launched a new…

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New Contracts

L&T Construction bags Rs1283 cr water project orders »

l&T Construction

Mumbai: The Water & Renewable Energy Business of L&T Construction, a leading player in the water infrastructure and renewable energy sector in India, has received new orders worth Rs1283 crore in July and August 2014. The major order comes from Uttar Pradesh Jal Nigam for…

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Richa Industries bags additional PEB order worth Rs65 cr »


Faridabad: One of the leading players of pre-engineered buildings in North India, Richa Industries Ltd has been awarded full turnkey projects by Bihar State Warehousing Corporation for building warehouses at different locations. Earlier this order was of just Rs45 crore but after adding more sites…

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IL&FS Engg bags pipe laying contract worth Rs213 cr »

IL&FS logo

Mumbai: IL&FS Engineering and Construction Company has bagged EPC contract worth Rs213 crore from Indian Strategic Petroleum Reserves, Ministry of Petroleum and Natural Gas, Government of India. The company received the Letter of Award for pipeline laying contract from land fall point, Mangalore port to…

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L&T bags multiple orders worth Rs2000 cr »

l&T Construction

Mumbai: The Construction division of L&T, L&T Construction has received multiple orders worth Rs2002 crore across various business verticals in June 2014, according to the company statement. Amongst this, the major order is from Goa State Infrastructure Development Corporation for design and construction of 900…

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Punj Lloyd ventures into Kuwait, bags order Rs1400 cr »

Punj Lloyd awarded dual carriageway project in Yemen

New Delhi: Punj Lloyd has expanded its geographical presence to Kuwait with the new order worth Rs1418 crore (US $236.09 million). The Kuwait National Petroleum Company (KNPC) has awarded global EPC conglomerate Punj Lloyd a contract for expansion and revamping of Ahmadi Depot, Kuwait. Punj…

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IRB Infra’s arm bags road project in Haryana »

IRB Infra

Mumbai: IRB Infrastructure Developer, one of the largest BOT road developers in India, announced that the company has entered in to a concession agreement with NHAI for widening of a highway stretch in Haryana. With this project the company has expanded its base to Haryana.…

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Oil and Gas

Govt preparing draft policy for coal gasification »

Goyal keen

  The government is preparing a draft policy on underground coal gasification, according to Coal and Power Minister Piyush Goyal. “A draft policy is under…

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India’s FY15 Budget Neutral for Oil & Gas sector: Fitch »

News 2

Mumbai: Fitch Ratings says that the Indian budget for the year ending 31 March 2015 (FY15) did not introduce any major new measures for the…

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ONGC to invest Rs 5,700 cr in Mumbai High »

Mumbai: Oil and Natural Gas Corp (ONGC) will invest over Rs 5,700 crore in redevelopment of its giant Mumbai High (North) oil and gas field…

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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 dhamraport

Dhamra Port’s capacity to increase to 100 MT

Adani Group is all set to expand the Dhamra Port’s capacity to 100 MT per annum which is located in Odisha’s Bhadrak district. According to Adani Group, work will soon start on expansion and orders have…

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Product Launch BEML's Excavator BE220G for Construction segment

New Excavator from BEML for construction segment

Bangalore: BEML recently unveiled a robust and high performance excavator BE220G for the construction segment. The ergonomically designed cabin provides comfort and excellent all round visibility to the operators. The cabin also comes with AC as…

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Projects World Manoj Sinha, Minister of State Railways

Two DFCs likely to cost Rs73,392 cr excluding Sonnagar-Dankuni Section

New Delhi: The two Dedicated Freight Corridors (DFCs) namely Eastern Corridor (Dankuni-Ludhiana, 1839 Kms.) and the Western Corridor (Jawaharlal Nehru Port Terminal (JNPT) to Dadri, 1499 Kms.) is estimated to cost Rs73,392 crore, informed Minister of…

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Railways cst

FOB to be inaugurated at CST

A railway foot overbridge (FOB), connecting from the suburban side to the non-suburban side at Chhatrapati Shivaji Terminus (CST) in Mumbai, will be inaugurated on 15 August. The 270 mtr long, 5.3 mtr wide elevated walkway…

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Real Estate Commercial space

SEBI approves REITs Rules

The capital markets regulator– Securities and Exchange Board of India (SEBI) has approved the proposal for creating trusts for real estate and infrastructure investments in the country. This was proposed in the Budget 2014-15 by the…

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Urban Infra shoba developers

Sobha launches luxury residential project

‘Arena’ a luxury residential project was launched by Shoba Developers in South Bangalore. The project is coming up at Kanakapura Road over 10.76 acre of land. It will have 657 units of two BHKs and three…

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View-Points Rumi Engineer, Head -Green Buildings, Godrej Green Building Consultancy Services & Head of Energy Conservation, Godrej & Boyce Ltd

Budget Wish List: Building Energy Savings Structures

Rumi Engineer shares expectations from the upcoming Union Budget 2014-15 Promoting energy efficiency is a critical area where the industry is hopeful that the new government would prioritize. Lending to renewable energy projects need to be…

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