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: Port
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Odisha Government gives in-principle approval for Dhamra Port expansion
Dhamra Port Company Ltd (DPCL) is an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T). DPCL is implementing the Dhamra port development project. The port has sought 745 acre of land to facilitate its second phase expansion. This project phase is likely to cost Rs 10,000 crore.
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MoEF questions new port project in Nellore
The Ministry of Environment and Forests (MoEF) has questioned the rationale behind setting up a new port in Nellore district of Andhra Pradesh when a major port is already located there.
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Berth No. 18 under construction at New Mangalore Port
Petroleum Oil and Lubricant (POL) berth no. 13 was recently commissioned at New Mangalore Port to cater to the additional demand of the potential users. This berth has the cargo handling capacity to the tune of 7.8 MTPA. The construction of this berth had cost Rs 79.17 crore.
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LNG boom to benefit ports in India
To reduce its dependence on traditional and costly fossil fuels, India is looking to set up liquefied natural gas (LNG) receiving terminals in every port. India is taking efforts to cash in on the countryÂ’s efforts to reduce its dependence on traditional and costly fossil fuels and switch to the more efficient, cleaner and ecofriendly option.
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Palghar locals holds protest against cargo port
Opposing the proposed cargo-handling port by JSW Infrastructure in Palghar taluk, residents of the area observed a Black Day on October 8. Even the local peoples representatives including MPs and MLAs took part in the protest.
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Govt clears Beypore port project
Kerala government gave administrative approval for a Rs 380-lakh project to develop the Beypore port, Minister for Ports K Babu was quoted as saying in an official press note. Of the total amount, Rs 300 lakh would be spent on installing reach stackers for the movement of cargo containers from the wharf to the stacking
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AP govt must set up maritime board to boost port sector
Industry watchers suggest Andhra Pradesh government to set up a state maritime board (SMB) in order to boost the port and shipping sector in the state. There are 12 minor ports and one major port in the state. Earlier in 2010, the state government introduced a draft Bill for a maritime board in the Asse
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Major ports witness decline in profits
The country's 12 major ports witnessed decline in profit in recent years. The aggregate profit of the 12 major ports declined to Rs 1,790.92 crore in 2011-12 from Rs 1,946.38 crore in 2010-11. The combined net profit of these ports declined further to Rs 1,220.61 crore in 2012-13. These 12 ports also witnessed contraction in cargo volume from 570 mn t in 2010-11 to 560 mn t in 2011-12.
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Capacity of major ports stand at 744 mn tpa
As on March 31, 2013, the aggregate capacity of all major ports in the country stood at 744.91 million tonne per annum (mn tpa). This information was given by the minister of state for shipping Milind Deora in Rajya Sabha. Owing to ban on iron-ore mining and global slowdown, the traffic at major ports declined last year, the minister