Due to the cyclone Phailin all operations at Dhamra, Paradip and Gopalpur ports in Odisha were suspended for two days. Since ships also run the risk of damaging the berths, all ports have moved the vessels away.
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IOC expects Paradip project to be over by October
M Vijaywargiya, Executive Director of Indian Oil Corporation's (IOC) Paradip refinery project informed reporters that 93.2 per cent work on the Rs 29,777-crore project has already done. He said the Rs 29,777-crore project is scheduled to be commissioned in Sepetmber-October this year. More than 500 engineers and officers of IOC are toiling round the clock at the project site, he said adding the refinery would be the most modern export-orientated processing unit and IOC'
IOC to commission Paradip project in 2013
Indian Oil Corporation (IOC) expects to commission its 15-million-tonne Paradip refinery project in the second half of 2013. Meanwhile, the company has installed the world's largest coke drum on November 15 at the Paradip refinery site. The drum weighs 630 million tonne (mn t) and is 45.52 metre in height and 10.67 meter diameter.
6,500 km road contract awarded by NHAI during FY2011-12
8 Projects of 1144 kms were on bid on the 28th and 30th of March 2012. Seven projects got premium and in the remaining one case, the quoted amount was much lower than the expected bid. These bids gave a NPV saving of Rs 6451 Crores.
Ports and Jetties: Back with a Bang
As a company, Essar commenced its construction activity from ports and jetties way back in 1969; they started with the Chennai Port and slowly expanded into marine construction, and moved on to Mumbai in the late 1970s.
Power Builder
Having constructed about 1,600 MW Power Projects that are under successful operation and targeting for a completion of total of 11,470 MW by 2014, EPIL Power SBU gained vast experience and capabilities in executing Essar Groups' as well as external Power projects on EPC basis.
Rs 10k cr expansion stalled
Expansion projects worth close to Rs 10,000 crore have been stranded, awaiting environment clearances.
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