Project News Details

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.

Other News

  • 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...
  • DoNER launches e-portal for Northeast projects Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER) Dr, Jitendra Singh launched a new hi-tech online “e- Portal” for submission, surveillance and follow up of development projects relating to Northeast falling under the category of Non-Lapsable Central Pool of Resource (NLCPR). Speaking on the occasion Dr. Jitendra Singh said, he was glad to note that DoNER is one of the first Ministries to have opted for hi-tech method of submission of projects and th...

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