Project News Details
NHIDCL Starts Work for Better Road Connectivity in NE Region
he National Highway & Infrastructure Development Corporation Limited (NHIDCL) has started development work in NER and so far projects aggregation to 1188km at a cost of Rs.14,830 Crore.
The improvement of NH 27 (old NH-54) connecting Dima Hasao and Cachar districts aggregating to about 130km is in progress as part of East West Corridor. Improvement of about 166km of NH-6 (62km of old NH-40 & 104km of old NH-44) in the Meghalaya is in progress. For improvement and maintenance of Malidhar-Badarpur section of NH-6 (old NH-44) of about 33km and for Dhaleswari-Bilkawthlir section of NH-6 (old NH-154) aggregating to about 147km works have been sanctioned by the Ministry and are in various stage of progress. In respect of Badarpur – Sabroom section of NH-8 (old NH-44) aggregating to about 387km, works for its improvement and maintenance have been sanctioned by the Ministry except for a length of about 114 km between Churaibari and Agartala.
The Ministry of Road Transport and Highways is primarily responsible for the development and maintenance of National Highways in the Country. The maintenance & repair of National Highways is a continuous process the National Highways in the North-Eastern Region are kept in traffic worthy condition from time to time within the available resources. The total amount of funds allocated and expenditure incurred on the repair and maintenance of NHs in the North Eastern Region during the last three years and the current year is Rs.979.92 Crore and Rs.612.61 Crore respectively.
Punj Lloyd wins Haldia Refinery EPCC Package from IOC
Diversified global conglomerate, Punj Lloyd has announced receiving a lump-sum turnkey contract for the EPCC Package 2 at Haldia Refinery, West Bengal from Indian Oil Corporation Ltd (IOCL) for a value of Rs 1094 crore.
The scope of work for the project involves the Residual Process Design, Detailed Engineering including HAZOP study, engineering, procurement, construction and commissioning of the Sulphur Block comprising the Sulphur Refinery Unit (SRU), Amine Regeneration Unit (ARU), the Sou...
L&T Bags 1700 Cr. International EPC Order for 400 MW Gas Based Power Plant in Bangladesh
Larsen & Toubro (L&T) has received an order valued at around 1700 Crores from Marubeni Corporation, Japan, for setting up the Bibiyana III 400 MW Combined Cycle Power Plant Project of Bangladesh Power Development Board (BPDB).
BPDB awarded the EPC contract for setting up the 400 MW gas based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub-contract to L&T on turnkey basis. This plant will be located at Nabiganj Upzila in H...
IOC Planning Petrochemical Plant in Iran
As per the reports in the media, Indian Oil Corp. (IOC) is planning to build USD 3 billion petrochemicals plant in Iran which will have access to cheap natural gas as its feedstock.
India is planning investments in energy infrastructure in Iran. This includes ports and upstream gas production.
IOC is looking at petrochemicals to drive growth. The company is planning an investment of around USD 4.5 billion in coming years to expand its business.