Project News Details
Comissioning of Jaitapur nuclear power plant
Several rounds of discussions have been held between Nuclear Power Corporation of India Limited (NPCIL) and M/s AREVA of France to devise appropriate business model for implementation of Jaitapur Nuclear Power Project. These discussions have covered both technical and commercial aspects of the Project. The schedule of project implementation will emerge on conclusion of these discussions.
An agreement for Rehabilitation & Resettlement (R&R) of Project Affected Persons (PAP) of Jaitapur as announced by the Government of Maharashtra is under implementation. As of June 30, 2015, out of 2336 Khatedars (Title holders), 1773 PAPs have accepted the compensation and 1753 have collected the additional compensation. In addition, 431 PAPs have been sanctioned Rs.5 lakh each in line with the provisions of R&R in lieu of direct employment. The other works included in the agreement are also taken up.
This information was given by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in reply to unstarred question in Rajya Sabha today.
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.