Project News Details
Four laning of Guna-Biaora and Biaora-Dewas section of National Highway – 3 in Madhya Pradesh
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for development of the four laning of the Guna-Biaora and Biaora-Dewas section of National Highway – 3 in Madhya Pradesh with an estimate cost of Rs.2815.69 crore.
This work will be under the National Highways Development Project (NHDP) Phase-IV. The approval is in Design, Build, Finance, Operate and Transfer (DBFOT) basis in BOT (Toll) mode.
The cost is estimated to be Rs.1081.9 crore for Guna-Biaora including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 93.5 kms.
The total cost for Biaora-Dewa section will be approximately 1733.79 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 141.26 kms.
The main object of the project is to expedite the improvement of infrastructure in Madhya Pradesh and also in reducing the time and cost of travel for traffic, particularly heavy traffic, plying between Guna-Biaora-Dewas, which are major cities of Madhya Pradesh. The development of this stretch will also help in uplifting the socio-economic condition of the concerned regions of the State and would also increase employment potential for local labourers for project activities. The project is covered in the region of Guna-Biaora-Dewas.
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.