India in the spot light at the Russian trade show!
The Dollar Business Bureau Towards promoting investment and foreign collaboration in the field of technology, the Indian industry is gearing up for the upcoming global Russian industrial trade show- ‘INNOPROM SHOW’, where India would be the partner country. Taking precedence of the fact that India wants to become the manufacturing hub in the global supply chain, the Government is keen to exhibit its interest in attracting global technology in the trade show that is going to be held in Yekaterinburga city, Russia, during July 11-14, 2016. India’s apex engineering industry body Engineering Export Promotion Council (EEPC) will be leading the Indian side at the show, under the aegis of the Ministry of Commerce and Industry. “India has been named as the ...
L&T wins international orders worth Rs.1404 crore
L&Ts power transmission and distribution vertical bagged orders worth Rs.1014 crore, while its heavy civil infrastructure vertical received additional order worth Rs.390 crore The Dollar Business Bureau L&T bagged an additional order worth Rs.390 crore from an ongoing metro job in the international market. Larsen & Toubro on Friday announced that it secured international orders that are valued at Rs 1,404 crore across its various business segments. The companys power transmission and distribution vertical bagged orders valued at Rs.1014 crore, while its heavy civil infrastructure vertical received additional order worth Rs.390 crore. A major order has been received for an electrification upgradation work in the Middle East from a prestigious customer, L&T said in a press release. L&Ts Oman arm Larsen &Toubro (Oman) LLC secured ...
L&T bags orders worth $63.58 million from Oman-based petroleum company
The Dollar Business Bureau L&T won power transmission and distribution projects orders worth Rs. 515 crore in both international and domestic markets Larsen & Toubro (L&T) on Wednesday announced that it has won engineering, procurement and construction (EPC) order worth $63.58 million from Oman Oil Refineries and Petroleum Industrial Company (ORPIC). “The scope covers design, engineering, procurement, supply, construction erection, installation and commissioning of the petroleum coke handling and storage facility at Sohar, Oman,” Larsen & Toubro said in a statement. L&T also secured an EPC order from the world's largest integrated producer of Zinc for the construction of a 1.5 MTPA Lead – Zinc Ore beneficiation plant at the Sindesar Khurd mines in Rajasthan, which also involves EPC, installation ...
Adani inks MoU with L&T to acquire Kattupalli Port
The Dollar Business Bureau Adani Ports and Special Economic Zone (APSEZ) through its subsidiary Adani Kattupalli Port Private Limited (AKPPL), on Monday, entered into an agreement with L&T Shipbuilding (L&T) to acquire the latter’s Kattupalli Port in Tamil Nadu. The strategically-located port has the potential to become the biggest trans-shipment hub in the region. The two operators are waiting for the necessary approval from the government of Tamil Nadu as well as the central government for completing the acquisition process. “The Kattupalli agreement is yet another step by us to continue to enable the development of the port infrastructure that is critical for our country. The Kattupalli port is a strategic complement to our Ennore Container terminal which is getting commissioned ...
Indian infra major to build 400 MW power plant in Bangladesh
The Dollar Business Bureau Larsen & Toubro (L&T) on Wednesday announced that it has received a Rs.1,700-crore order from Japan’s Marubeni Corporation for setting up the Bibiyana III 400 MW combined cycle power plant project of Bangladesh Power Development Board (BPDB). “BPDB awarded the EPC contract for setting up the 400 MW gas based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub-contract to L&T on turnkey basis,” said L&T in a statement. The plant will be developed at Nabiganj in Habiganj district of Sylhet division, in the northeastern part of Bangladesh, at around 130 kms from Agartala, India. The project will be executed by L&T’s Baroda-based gas based power projects business unit. L&T’s scope of ...
India eyes new avenues for collaborations to boost economic ties with Algeria
The Dollar Business Bureau Around 70 Indian companies from various sectors will showcase their products and technological expertise at an international trade fair in Algeria, beginning Tuesday. Commerce Minister Nirmala Sitharaman, who is leading a business delegation in the African county, will inaugurate the India Pavilion along with the Prime Minister of Algeria. The Federation of Indian Chambers of Commerce and Industry (FICCI) with the support of Ministry of Commerce and Industry and Indian embassy in Algeria is organising the India Pavilion at the 48th Algiers International Trade Fair. Exhibitors from 38 countries will participate in the week-long event which will conclude on June 1. India has been given a status of ‘Guest of Honour’ country for the trade ...
