Contract

Project management, engineering, manufacturing and construction firm Nuberg EPC has signed a contract for the expansion of existing 45 TPD chlor-alkali plant and Greenfield calcium chloride plant project of Oman Chlorine in Sohar, Oman.

Forty-five different systems and equipment worth over Rs.118,882.6 crore designed and developed by Defence Research and Development Organisation (DRDO) have been approved for induction into the Armed Forces during the last five years.

India needs to reduce the time taken in drafting the Detailed Project Report (DPR) for construction of roads and highways which will not only ensure faster turnaround but will also help in reducing costs.

Most of renewable energy projects in India are being implemented by the private sector developers selected through transparent bidding process, Minister of State for New and Renewable Energy R.K. Singh said in written reply to parliament on 5 Dec 2019.

The Asian Development Bank (ADB) has prepared an Action Plan for Infrastructure Creation to Increase the Use of Coastal Shipping in India, parliament was told on 5 Dec 2019.

National Stock Exchange’s (NSE) index services subsidiary, NSE Indices Limited has launched the Nifty BHARAT Bond Index series on 5 Dec 2019.

Airbus India has selected L&T Technology Services (NSE: LTTS) to manage its Avionics S/W Development, V&V (Validation & Verification) and Data Analytics.

The Cabinet has approved the plan and authorised India Trade Promotion Organisation (ITPO) to transfer 3.7 acres of land at Pragati Maidan for a five-star hotel.

The Asian Development Bank (ADB) has signed a US$206 million loan to develop water supply and sewerage infrastructure in five cities of Tamil Nadu and strengthen capacities of urban local bodies (ULBs) for improved service delivery.

Twenty-three contracts for procurement for defence equipment have been signed with US and Israel during 2016-17 to 2018-19, Minister of State for Defence Shripad Naik said in a written reply to Rajya Sabha on 2 Dec 2019.