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At least nine firms are interested in taking over the electricity distribution functions of Puducherry.
The firms include Italy’s Enel Group, the Adani Group, Torrent Power, Greenko, ReNew Power Ventures, Sterlite Power, and state-run NTPC.
The other firms eyeing the electricity distribution privatisation plan of Puducherry are RP-Sanjiv Goenka Group’s CESC and Tata Power Company. The request for proposal (RfP) is likely to be floated in August 2021.
Deloitte is running the sale process for Puducherry electricity department with the electricity distri... |
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The onshore arm of Abu Dhabi National Oil Company (Adnoc Onshore) is engaged in price negotiations with contractors that have bid for a project to build crude oil blending and flexibility facilities at the Fujairah oil export terminal. Abu Dhabi-based Al-Nasr Contracting Company has submitted the lowest bid for the estimated $20mn to $25mn project, according to sources close to the project. Adnoc Onshore then approached other bidders who have a better In-Country Value (ICV) score to match the target price, in line with policies of the Adnoc localisation programme. Technical bids for the Fujairah oil terminal crude oil blend... |
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Saudi's Alkhorayef Water Wins Agreements Worth $84.53mnDate : Jul 23, 2021Alkhorayef Water and Power Technologies Company has been awarded nine agreements from the National Water Company at a total value of SAR 316.6 million.
The contract duration stands at 36... |
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TotalEnergies Secures Apicorp Loan to Finance 50MW PV Solar Projects in DubaiDate : Jul 23, 2021France’s TotalEnergies has secured a $34mn loan from the Arab Petroleum Investments Corporation (Apicorp) and the National Bank of Fujairah (NBF) to finance the construction of a 50MW portfolio of photovoltaic (PV) solar... |
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India: GPCB gets ‘No Objection’ for 487-km Mundra-Barmer Crude Oil Pipeline ProjectDate : Jul 23, 2021The Gujarat Pollution Control Board (GPCB) on Tuesday held a public hearing at Rapar for a 487-kilometre long pipeline that will transport crude oil from Mundra port in Kutch district to a proposed refinery and petrochemical complex of HPCL... |
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Dewa’s Al-Aweer Power Project Set to be Commissioned in 2022Date : Jul 23, 2021The 829MW fourth phase of the H-Station power plant in Al-Aweer, Dubai, is due to be commissioned by the second quarter of 2022, Dubai Electricity & Water Authority (Dewa) has revealed.
Dewa revealed on... |
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China's SASAC to Fund Faw Refinery in IraqDate : Jul 22, 2021China’s State-owned Assets Supervision and Administration Commission (SASAC) has agreed to fund a project to build a 300,000-barrels per day oil refinery in the Southern Iraq Faw Peninsula, the Arab country’s oil minister... |
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Kuwait PPP Projects on Hold due to PandemicDate : Jul 22, 2021The projects of the Public-Private Partnership Authority were not spared from the repercussions and negative effects of the COVID-19 pandemic.
The project for the construction of labor cities has been... |
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India: Vijayawada Station Platforms Get Solar RooftopsDate : Jul 22, 2021The Indian Railways’ Vijayawada station in Andhra Pradesh has been equipped with an innovative solar photovoltaic cover-over-platform.
The new equipment will save around Rs 8.1 lakh annually. The... |
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Adnoc Invests Over $750mn to Support Production ExpansionDate : Jul 20, 2021The Abu Dhabi National Oil Company (Adnoc) has announced an investment of $763.7 million in integrated rigless services across six of its artificial islands to support its production capacity expansion to 5 million barrels per day (mmbpd) by... |
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33 Petchem Projects Underway in IranDate : Jul 20, 2021The Director of Planning and Development at the National Petrochemical Company said 33 petrochemical projects are under way in the country by which 22 new items will be added to the country’s production... |
Rewa Ultra Mega Solar Limited (RUMSL) has received bids for 450 MW of solar projects at the Shaja
NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package wit
Odisha Power Generation Corporation Limited (OGPC) has awarded a contract for Wet Limestone Flue
Saudi Aramco has extended the bids submission deadline for the Onshore Packages of its estimated
Ras Madrakah Petroleum Industry Company (RMPIC) and Beijing Petrochemical Engineering Company, a
GAIL India Limited has invited bids for the site enabling works for Usar PDH-PP project.
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