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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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nuclear-power-plant-china

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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News

Govt likely to take back coal blocks »

INDIA-ECONOMY-MINING-FILES

In a surprise move the Union Government has decided to take back coal mines awarded to around 50 companies. Prominent…

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Kolte-Patil Developers strengthens Mumbai presence with two new projects »

kolte-patil

Mumbai: Leading Pune-based real estate company, Kolte-Patil Developers Ltd has bagged two new redevelopment projects located in western suburbs of…

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GMR divests 74% stake in GMR Ulundurpet Expressways »

GMR logo

Bangalore: Infrastructure major GMR Group has successfully disinvested majority stake i.e. 74% in GMR Ulundurpet Expressways Pvt Ltd (GUEPL) to…

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Eaton displays energy efficient solutions for Oil & Gas industry »

eaton

Mumbai: Diversified power management company Eaton today hosted an Oil & Gas Technology Day at The Leela Ambience Hotel, Gurgaon…

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Sahar Elevated Road opens for public »

Sahar Elevated Road

Mumbai: Adding another feather to Mumbai’s transport infrastructure was the inauguration of Sahar Elevated Road on Wednesday by Prithviraj Chavan,…

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New Contracts

IL&FS Transportation bags road contract in Spain »

IL&FS Transportation logo

Mumbai: IL&FS Transportation Networks Ltd in joint venture with Elsamex SA has been awarded road contract by Roads Department Ministry of Transport and Communications, Republic of Botswana. Elsamex SA is the wholly owned subsidiary of the company in Spain.  The contract valued Rs1,348.52 crore (US…

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Alstom bags €25 mn contract for NTPC’s Vindyachal super thermal power plant »

Alstom logo

Noida: Alstom has bagged around €25 million contract from NTPC to supply Flue Gas Desulphurisation (FGD) system for its 500 MW Vindyachal super thermal power plant in Madhya Pradesh. “As the first full scope turnkey lime stone based FGD project in India, this project will…

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Ashoka Buildcon selected bidder for Karnataka State Highways Improvement Project »

Ashoka Buildcon

Mumbai: Ashoka Buildcon Ltd in consortium with GVR Infra Projects Ltd has bagged Karnataka State Highways Improvement Project (KSHIP) WAP – 2 from the Public Works Department, Government of Karnataka. The project awarded on design, build, finance, operate, maintain and transfer Annuity basis is part…

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IVRCL bags orders worth Rs550.56 cr »

IVRCL Logo

Mumbai: The Power, Building and Transportation division of IVRCL Ltd have bagged orders worth Rs550.56 crore. The Rs394.36 crore order for power division comes from Madhyanchal Vidyut Vitran Nigam Ltd, Lucknow. The contract is for supply of equipment and materials and erection, testing and commissioning…

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Lemminkäinen arm bags $37.32 mn contract »

Mumbai: A consortium of Finland based firm Lemminkäinen Oyj and YIT has received a contract worth $37.32 million for the construction of an extension to a container terminal in Klaipeda, a sea port in Lithuania. Scope of work under the said contract also involves civil engineering…

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Elecon Engineering wins orders worth Rs14.42 cr »

Mumbai: Elecon Engineering Company Ltd bagged orders worth Rs14.42 crore from Monnet Ispat & Energy Ltd for design, engineering, manufacture, shop testing inspection etc for its facility located at Raigarh, Chhattisgarh. Additional work under the said order involves packaging and forwarding, erection, start-up, trail operation,…

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Oil and Gas

ONGC to augment gas production »

Gas production

ONGC expects to augment its gas production up to 2 million standard cubic meters per day (MMSCMD) as two of its eastern offshore wells are…

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GSPL to receive 1 MTPA natural gas from Petronet LNG »

pipeline GSPL

Ahmedabad: Gujarat State Petronet Ltd (GSPL) entered into a contract with Petronet LNG Ltd (PLL) to purchase 1 million tonne per annum (MTPA) of natural…

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Russia’s oil production reaches 518.017 MT in 2012 »

oil russia

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…

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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 Essar

Essar commissions 16 MTPA terminal at Paradip

Paradip: One amongst the country’s private majors involved in the port segment, Essar Ports commissioned its 16 million tonne per annum (MTPA) dry bulk terminal at Paradip in Odisha. The commissioning of the recent terminal 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 locomotive factory

Cabinet approves locomotive factory in Bihar

New Delhi: The Union Cabinet recently approved setting up of an electric locomotive factory and a diesel locomotive factory at Madhepura and Marhowra in Bihar respectively. The two factories estimated to cost Rs1293.57 crore and Rs2052.58…

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Real Estate kolte-patil

Kolte-Patil Developers strengthens Mumbai presence with two new projects

Mumbai: Leading Pune-based real estate company, Kolte-Patil Developers Ltd has bagged two new redevelopment projects located in western suburbs of Mumbai. In August 2013, the company had announced its first redevelopment project on Khar-Linking Road and…

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Urban Infra

Smart City Phase-1 to be completed in 2 years: Chandy

Kochi: The first phase of Kerala government’s ambitious Rs 2,000 crore Smart City project will be completed in two years expressed Kerala Chief Minister Oommen Chandy. The Chief Minister speaking at a workshop on the project…

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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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