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L&T bags EPC order in Bangladesh

L&T bags EPC order in Bangladesh

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.

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JICA loan to Uttarakhand forest project

JICA loan to Uttarakhand forest project

The Japan International Cooperation Agency (JICA) has approved a loan of about Rs 674 crore for a forest project in Uttarakhand. The loan at a concessional interest rate of 0.30 per cent carries a repayment period of 40 years with a grace period of 10 years.

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Japan to support infra growth in India

Japan to support infra growth in India

Japan is keen on strengthening its investments in India. Apart from industrial investments it is also contributing to upgrading infrastructure. After the completion of the preliminary report on the corridor in 2012,

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Our assistance purely depends on the bilateral relationship

Our assistance purely depends on the bilateral relationship

The Japan International Cooperation Agency (JICA) is cautious to comment on the progress of the Delhi-Mumbai Industrial Corridor (DMIC). The DMIC project being a greenfield, that has taken a long time and faced land-acquisition delays, has made JICA alter their strategy for other projects in the country especially on Chennai-Bengaluru-Industrial Corridor (CBIC).

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GAIL strikes MoU with Chubu Electric

GAIL strikes MoU with Chubu Electric

GAIL has signed a Memorandum of Understanding (MoU) with Chubu Electric Power Co Japan for exploring the possibilities of collaboration in joint LNG procurement. Chubu and GAIL are large LNG importers having considerable synergy between their LNG business profiles.

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Japan ODA for five projects

Japan ODA for five projects

Japan has announced a Rs 15,000-crore official development assistance (ODA) loan for five projects in India including expansion of Delhi Metro and works related to wind and solar energy. The loan agreement will include three energy sector projects - new and renewable energy, micro, small and medium enterprises energy saving, and Haryana Distribution System Upgradation.

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Afcons eyes bigger LNG projects

Afcons eyes bigger LNG projects

Afcons Infrastructure, which has completed the engineering procurement and construction (EPC) work on the Kochi LNG terminal, is now looking for more such projects in this space. Afcons was the only Indian company at Kochi involved in the construction of the terminal facility, besides CTCI Corporation from Taiwan and IHI of Japan.

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India, Japan examine to buy LNG jointly

India, Japan examine to buy LNG jointly

To hammer down high prices of liquefied natural gas (LNG), India and Japan have come together to buy the fuel jointly. India and Japan are the two biggest buyers of LNG in the world. India's Oil Secretary Vivek Rae said this on the sidelines of the 8th Asia Gas Partnership Summit in Delhi.