Otis Elevator Company (India), a subsidiary of United Technologies Corporation India, has bagged a Rs 400-crore contract from L&T Metro Rail (Hyderabad) this year. The order is termed as the largest-ever to be bagged by any elevator company in India.
Tag: contract
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AAI offers 30-year contract of Chennai, Lucknow airports
As part of privatisation, the Airports Authority of India (AAI) is offering a 30-year contract for Chennai and Lucknow airports. The privatisation is to be extended to Ahmedabad, Jaipur and Guwahati airports. The Union Civil Aviation Ministry said that eleven firms have shown interest to take up maintenance of the airports.
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Cairn India seeks govt nod to raise output
Media reports indicate that the union ministry for environment & forests received an application from Cairn India seeking permission to produce 300,000 barrels of oil equivalent and more from the RJ-ON-90/1 block. Cairn is looking to close this fiscal with production at 200,000-
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Essar secures Rs 700 cr BPCL contract in Kochi refinery
Essar Projects (EPL) has bagged a contract worth Rs 700 crore from Bharat Petroleum Corporation (BPCL). The scope of work includes project management, residual process design, detailed engineering, procurement, fabrication, construction, commissioning, and performance testing of the Coke Drum Structure Package (CDSP) of the Delayed Coker Unit (DCU) at the BPCL Kochi Refinery for the Integrated Refinery Expansion Project.
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L&T bags Rs 1,500 cr EPC contract from Oman firm
Larsen & Toubro has bagged an EPC (engineering, procurement and construction) contract worth Rs 1,500 crore from the Petroleum Development Oman LLC (PDO). The project at the Yibal-Natih gas reservoir in Oman is scheduled to be completed in 39 months. Larsen & Toubro stated this on August 20 in a filing to the BSE. Yibal-Natih is a sweet gas reservoir with recoverable reserves estimated at 90 per cent.
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Punj Lloyd bags 358 cr project from CPCL near Chennai
A contract of Rs 358 crore has been bagged by engineering and construction major Punj Lloyd from the Chennai Petroleum Corporation (CPCL) to build the Sulphur Block of Resid Upgradation Project at its Manali refinery near Chennai.
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Govt awards Rs 205-cr contract to Pratibha Industries
The Public Health Engineering Department of Rajasthan government awarded a Rs 205 crore contract to Pratibha Industries for water supply scheme to 161 villages of Phagi Tehsil in Jaipur under Bisalpur Dudu Phagi Water Supply Project. The infrastructure major is scheduled to complete work on the project in 30 months from date of commencement, Prati
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L&T bags Rs 8,250-cr order from Saudi Arabia
L&T Construction's Heavy Civil Infrastructure Business has bagged a contract worth $1.403 billion (Rs 8,250 crore) from Riyadh Development Authority for a metro project in Saudi Arabia.
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CPT loses cargo volume due to exit of HBT
RPS Kahlon, Chairman of Calcutta Port Trust remarked that the exit of Haldia Bulk Terminal (HBT) is one of the reasons for the port losing out on 3-4 million-tonne of cargo in 2012-13. HBT, which is a mechanised cargo handler working in berth number 2 & 8 in Haldia Dock Complex (HDC), exited the contract with the port prematurely in November 2012
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HPCL does not have oil import contract with NIOC
Media reports indicate that Hindustan Petroleum Corporation (HPCL) does not have any crude-lifting contract with National Iranian Oil Company (NIOC) for 2013-14. This is because NIOC turned down the proposal of HPCL
to have only an optional contract of 1 million tonne with the f