Larsen & Toubro has received two engineering, procurement and construction (EPC) orders valued at around $480 million for setting up dual fuel-fired gas-based com-¡bined cycle power plants in Bangladesh. One order of $280 million, has been received from Marubeni Corporation Japan for setting up a 360 MW Bheramara Combined Cycle Power Plant Development Project.
Tag: EPC
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Road-building exercise to be reviewed
The roads ministry is looking at a new dispensation at the Centre to overhaul the road-building exercise. Ministry officials, while preparing a wish list for the new government, will seek streamlining the process of land acquisition and clearances from various
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MoRTH wish list for new government
The Ministry of Road Transport and Highways (MoRTH) is preparing a wish list for the new government to seek, among other things, greater leeway to choose between public-private partnership (PPP) and engineering, procurement and construction (EPC) modes
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We have offered the best package for PAPs
The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
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BHEL bags Rs.7,900 cr order
BHEL has bagged a contract worth Rs 7,900 crore related to 1,980 MW thermal power project in Jharkhand. The contract, won through international competitive bidding, is for NTPC´s 1,980 MW North Karanpura super thermal power project. The plant will have three units, each having a generation capacity of 660 MW. The work involves design, engineering, manufacture, supply, construction, erection, testing and commissioning for the EPC package. The key equipment for the contract will be manufactured at
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L and T and Marg Group consider exiting port trade
Larsen and Toubro (L and T) and Marg Group are looking at the possibilities of exiting their port business. These engineering, procurement and construction (EPC) firms bid aggressively for port projects hoping to benefit from a booming economy and fast-growing world trade. But with the slowdown hitting both global and local economies.
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.