Engineers India has bagged orders from HPCL for execution of the Vizag Refinery Modernisation Project (VRMP). EIL will execute the project contract under two separate contracts, PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis.
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Russia to help India in four key areas
Russia has agreed to help India in four key areas of civil aviation, fertilisers, mining and metallurgy, said an official statement after the fifth meeting of the India-Russia working group on modernisation and industrial cooperation.
Tax money and high-risk prospecting
Without investment in exploration leading to discovery of mineral deposits, no investment would be forthcoming in mining, India is a densely populated country with an ancient heritage of mining and metallurgy.