Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
Tag: procurement
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Maximising Value in the Energy Sector
In response to the collapse of oil prices in 2014 and the continuing low price environment for natural gas, leading US oil & gas companies have concentrated on improving their capital effectiveness and delivering more value with less investment.
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Guj Alkalies sets up 15 MW solar unit
Gujarat Alkalies and Chemicals may set up a 15 MW solar power project. The solar project will be based on engineering, procurement and construction with an estimated cost of Rs.100 crore.
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Smart Cities Workshop | Revenue Generation and Procurement Agenda
How do you unleash innovation in your city? How can you benefit from innovation in other cities? Cities that can enable vibrant business ecosystems and find the best ways of serving their citizens will succeed in digital transformation.
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DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.
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Punj Lloyd wins orders worth Rs.2,070 cr in Oman
Engineering, procurement and construction (EPC) major Punj Lloyd won orders worth Rs.2,070 crore in the oil & gas sector from Oman Oil Refineries and Petroleum Industries Company (ORPIC) and Oman Gas Company (OGC) earlier in February.
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Organisations are realising the need for structured project management
Airport infrastructure and operation involve various stages from concept, design, quantity estimates costing, financial close, pre-construction activities (land acquisition, removal of encumbrances), EPC (Engineering, Procurement
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protection
The road sector has gathered steam with the government´s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
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Funding Dichotomy
The population surge, rapid urbanisation, and the consequent congestion have time and again fuelled the ´need for speed´. Mass rapid transit system like the metro rail has dawned as a panacea in this regard.
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L&T wins Saudi Aramco order
L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged an engineering, procurement and construction order from the Saudi Arabian Oil Company (Saudi Aramco).