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L&T Construction wins orders to establish 380kV overhead power transmission lines
L&T Construction’s Power Transmission & Distribution (PT&D) Business wins EPC orders in India and overseas. The order won are to establish 80kV overhead power transmission lines in Kingdom of Saudi Arabia and Gujarat’s southern region.Read more
Essar launches EET to invest $3.6 billion in energy transition in the UK and India
Essar Group announced the formation of Essar Energy Transition (EET) with $2.4 billion investment in blue and green hydrogen, ammonia, biofuels, and decarbonisation of refinery in the UK to reduce industrial emissions in North West England. With this company is to invest $1.2 billion investment in India as well.Read more
India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Nuberg EPC bags $ 53 mn contract for chemical project in Saudi Arabia
The agreement covers EPC & LSTK services and solutions for chlor alkali and calcium chloride plants in Riyadh (Saudi Arabia)Read more
Maharashtra refinery attracts biggest overseas investment from Saudi Aramco
Saudi Aramco will pick up 50% stake in the planned integrated mega refinery and petrochemicals complex, being built with an investment of $ 44 billion at Ratnagiri.Read more
MHPS CEO opens new repair facility and plans to manufacture the world's most efficient gas turbine
MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today opened its new turbine rotor repair facility in Dammam, and announced plans to manufacture its most advanced gas turbines in the kingdom, as part of a phased investment strategy in the Kingdom.Read more
