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5/25 scheme may benefit projects with stable cash flows

5/25 scheme may benefit projects with stable cash flows

We must understand project finance in the traditional sense. Project finance works only when all material approvals for a particular project are in place and the same is then handed over to a successful bidder like the bidding for UMPP was done in India. The bidder can then straightaway proceed for financial closure. This will ensure there are no time and cost over-runs on account of delay in approvals.

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Technip bags -C100 mn ONGC order

Technip bags -C100 mn ONGC order

Engineering and construction firm Technip, which specialises in subsea construction, has got a 100-million euro contract from Oil and Natural Gas Corporation (ONGC) to build an onshore oil and gas terminal in Andhra Pradesh.

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Story of an engineering art deco

Story of an engineering art deco

Octamec Engineering Limited founded in 1983 by a dynamic Aeronautical Engineer from Mangalore Mr. Navin Hegde who introduced 1st time ever in India, a marvelous engineering solution which provided a free span column free lightweight engineering structure technology called SPACEFRAMES.

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Building Bridges

Building Bridges

There have been several technology achievements in bridge design and construction in India over the past decade. Indian engineers, contractors and bridge designers have developed several state-of-the-art construction

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Seeking Stable Ground

Seeking Stable Ground

From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.