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Marafi, Dolphin Sign Agreement to Develop Terminal at Sohar Port

Date : Jun 22, 2018

Oman-based Marafi, an Aysad Group subsidiary, and Qatar’s Dolphin Integrated have signed a shareholders’ agreement to develop an aggregate terminal at Sohar Port, a media report said.

 

The proposed terminal with a loading capacity of approximately 8 million tonnes per year will enable large-volume export of gabbro, a coarse-grained rock used in asphalt and other minerals.

 

The project will be developed in two phases. The hybrid phase will facilitate aggregate exports by the end of 2018, and the permanent phase equipped with state-of-the-art stacker-reclaimer system, conveyor and ...

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Odisha’s Mesco to Invest in Maithan Ispat Expansion

Date : Jul 17, 2015

Odisha based steel maker Mesco Steel will pump in Rs 1,000 crore for revamp and expansion of Maithan Ispat. Mesco acquired the steel company in March 2015.

 

The projex plans will be executed in two phases. In...

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Karnataka Govt Scraps 112 Mini Hydro Projects

Date : Jul 16, 2015

The Karnataka energy minister informed the state council that of the 495 mini hydro projects allocated to the private developers, the state has cancelled 112 projects due to environmental issues.

 

The minister further stated...

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APSEZ in Talks to Acquire Gangavaram Port for $2.1 Billion

Date : Jul 16, 2015

Adani Ports & Special Economic Zone (APSEZ ) has entered into exclusive talks to acquire Gangavaram Port near Vishakhapatnam in Andhra Pradesh for $2.1 billion, a deal which could make the company a dominant player on the...

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BPCL to Invest $4bn in Oman-India JV

Date : Jul 16, 2015

India’s Bharat Petroleum Corporation Limited (BPCL), a major state-owned refiner, plans to invest around $4 billion to expand a refinery joint venture in India that is partly owned by Oman, a report said.

Oman Oil...

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Qatargas Issues 2014 Sustainability Report

Date : Jul 16, 2015

Qatargas has issued its 2014 Sustainability Report, covering the company’s economic, environmental and social performance. The report, which is the fifth Sustainability Report of Qatargas, includes historical performance data, coverage...

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Project Iraq - 9th Erbil International Fair, from 5 to 8 October 2015

Date : Jul 15, 2015

Organized by International Fairs & Promotions (IFP) Iraq, Project Iraq - Erbil 2015, the 9th International Trade Exhibition for Construction Materials and Equipment and Environmental Technology, will be taking place at the Erbil...

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Arab Smart City Projects to Use Cloud-based Solutions

Date : Jul 15, 2015

DUBAI, 15 hours, 18 minutes ago

Leading IT solution providers are experimenting with cloud-based computing solutions to help governments deliver smart city projects in the Arab world and across the...

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SEC Seeks Multi-Billion-Dollar Loan

Date : Jul 15, 2015

Saudi Electricity Company (SEC), the Gulf's largest utility firm, is in talks with local and international banks to raise a multi-billion-dollar loan, according to two sources aware of the matter.

 

The...

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IGL Raises Stake in MNGL to 50%

Date : Jul 14, 2015

Indraprastha Gas Ltd (IGL) has acquired 2.5 million more shares of Maharashtra Natural Gas Ltd (MNGL) to become a 50 per cent shareholder in the company.

 

Earlier this year, IGL acquired 47.5 million shares in MNGL in the...

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NIGC Denies Agreement on Gas Price Discount

Date : Jul 14, 2015

NIGC denies report that have been published in the media last week regarding an alleged agreement with Botas to give it a discount in the gas price, NIGC's director for international affairs, Azizollah Ramezani...

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Gujarat Govt Announces Solar-Wind Hybrid Power Policy

Date : Jun 22, 2018

The Gujarat government has announced a new solar plus wind hybrid power policy in a bid to promote the simultaneous production of wind and solar power in the state.   Under this policy, various benefits can be achieved by developers for a period of 25 years or through the life of the project, whichever is shorter. The hybrid policy will remain in force for five years.   One of the major highlights of this policy is land optimization. A developer can set up a solar power project on land meant for wind power project and vice versa. Similarly, transmission lines meant for solar can also be used for wind farms.   The Gujarat Energy D...

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Ahmedabad’s Gensol to Make India ‘Back-End Hub’ for Solar Plant Monitoring

Date : Jun 22, 2018

Ahmedabad-based Gensol Group, which specialises in design, engineering, operation and maintenance and advisory services for solar projects, is planning to make India a global back-end hub for engineering and remote monitoring of solar...

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Dewa Commissions Substations Worth $471mn

Date : Jun 22, 2018

Dubai Electricity and Water Authority (Dewa) has commissioned 15 132/11 kV substations as of May 20 at a total cost of Dh1.73 billion ($471 million), supporting the ambitious national development plans.

 

The...

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Govt to Launch Single Solar Power Bid of 100,000 Mw: R K Singh

Date : Jun 21, 2018

Union Minister R K Singh has said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components.

 

"The biggest (renewable energy)...

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Alfanar Group Plans to Bid in India's Renewable Energy Auctions

Date : Jun 21, 2018

The $3 billion Riyadh-headquartered Alfanar Group is making a major foray into India’s renewable energy sector, looking to raise $200 million for investments, half of which will be its own funds.

 

The...

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Eaton Bags Kuwait University Power Project Contract

Date : Jun 20, 2018

Leading power management company Eaton said it had been awarded a major contract to provide complete power distribution solutions for the administration facility at Kuwait University’s Sabah Al-Salem University City in...

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Spain's FRV Seeking Sale of 100-MW Solar Project in India

Date : Jun 20, 2018

Madrid-based developer of large-scale solar power plants, Fotowatio Renewable Ventures (FRV), is in talks to sell its 100-MW power project in India in a deal worth Rs 500-600 crore, according to two people aware of the...

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MNRE Announces 30 GW Offshore Wind Energy Target by 2030

Date : Jun 20, 2018

The Ministry of New and Renewable Energy (MNRE) today announced medium and long term offshore wind energy target of 5GW by 2022 and 30 GW by 2030, respectively, to provide confidence to the industry.

 

The...

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Solar Industries India Partners Eurenco for Major Artillery Tender

Date : Jun 20, 2018

On Tuesday, Solar Industries India Ltd (hereafter Solar), one of India’s fastest growing companies in defence manufacturing, announced a strategic tie-up with Eurenco, the European leader in high-energy materials for explosives...

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Strong Winds Push Wind Power Generation in Gujarat to 4,280 MW

Date : Jun 19, 2018

High wind velocity in coastal areas of Saurashtra region has increased state’s wind power generation which reached a record level of 4,280MW Friday last. Electricity generation from wind remained above 3,500MW on Saturday and...

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