News archive

IOC awards USD 255m contract to Tecnimont Private Ltd

IOC awards USD 255m contract to Tecnimont Private Ltd

Indian Oil Corporation has placed a USD 255M contract on Tecnimont Private Ltd, the Indian entity of Italian firm Tecniont SpA, for the implementation of new Acrylic Acid and Butyl Acrylate Units for the...
04 January 2021
Private sector coal-based PP to get liquidity boosts

Private sector coal-based PP to get liquidity boosts

Private sector coal-based power plants could get a liquidity boost of Rs 40,000 crore this year because of the government's Atmanirbhar Bharat scheme which provided liquidation of overdue receivables from...
04 January 2021
KPTL receives orders of Rs 1,300 crores

KPTL receives orders of Rs 1,300 crores

Kalpataru Power Transmission Limited (KPTL), a global EPC player in the power and infrastructure contracting sector has secured new orders/notification of award of about Rs 1,300 crores. The details are:...
04 January 2021
SJVN gets 3 hydroelectric projects in the Chenab basin

SJVN gets 3 hydroelectric projects in the Chenab basin

State-owned power producer SJVN Ltd. has been awarded three hydroelectric power projects totaling 501 megawatts (MW) by the Himachal Pradesh government. The three projects are to be developed in the Chenab...
04 January 2021
L&T awarded significant EPC contract

L&T awarded significant EPC contract

The Water and Effluent Treatment business of L&T Construction has secured an EPC order involving Design, Engineering, Supply & Installation of Plant and Equipment to lay 135 km of Slurry Pipeline...
04 January 2021
HFL announces Capex of Rs 125 cr in Northern region

HFL announces Capex of Rs 125 cr in Northern region

Hindustan Foods (HFL), an FMCG contract manufacturer, will be undertaking a capital expenditure of Rs 125 crore in the Northern Region of India, via its wholly-owned subsidiary, HFL Consumer Products....
04 January 2021
DEME & OQ to start Duqm green hydrogen project

DEME & OQ to start Duqm green hydrogen project

Concessions (DEME) and OQ Alternative Energy (OQ) are proud to announce the start of a joint project to develop a green hydrogen plant in the Special Economic Zone at Duqm, Oman in cooperation with The...
04 January 2021
Saudi Arabia awards Shuqaiq 4, Shuaiba 5 desal projects

Saudi Arabia awards Shuqaiq 4, Shuaiba 5 desal projects

Saudi Arabia’s Saline Water Conversion Corporation (SWCC) announced in a statement that, it has signed contracts for the construction of Shuqaiq 4, Shuaiba 5 desalination projects. The combined capacity...
04 January 2021
Russia, Iran & US to lead methanol capacity additions

Russia, Iran & US to lead methanol capacity additions

Global methanol capacity is poised to see considerable growth by 2030, potentially increasing from 148.44 million tonnes per annum (mtpa) in 2019 to 310.94 mtpa in 2030, registering a total growth of 109%....
04 January 2021
Punjab approves IOCL's proposal to set up CBG plant

Punjab approves IOCL's proposal to set up CBG plant

The Punjab cabinet gave in-principle approval to Indian Oil Corporation Ltd (IOCL) for setting up a compressed biogas (CBG) plant at the site of closed cooperative sugar mills at Rakhra in Patiala. The...
28 December 2020