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L&T bags 693 crore IOC deal for Koyali plant

Mumbai, Oct 9 (UNI) Engineering and construction giant Larsen&Toubro has bagged Rs 693 crore Indian Oil Corporation (IOC) project order on Engineering Procurement Construction (EPC) basis.

The project will enable IOC to set up Sulphur Recovery Plants as part of their Fuels Upgradation project at Koyali, Gujarat.

The deal includes sulphur recovery units along with associated facilities such as Amine Regeneration Unit, Sour Water Stripper&Tail Gas Treatment Unit for enhanced Sulfur recovery up to 99.9 per cent which would enable IOCL in the production of low sulphur clean fuels to meet regulatory requirements, a release said.

UNI
Topics: BUSINESS-L

Foreign capital inflow at 3% of GDP, only 1.1% untilised

New Delhi, Oct 9 (UNI) The government today said the capital inflows into the country is at three per cent of GDP but is able to absorb only 1.1 per cent of this into productive investment with the rest of the inflows going into the reserves of the Reserve Bank of India (RBI). Buoyed by a positive climate, progressive liberalisation of the policy regime and simplification of procedure, forex reserves of India has been rising rapidly and Finance Secretary D Subba.....

Warwick University plans to set up partnerships, branches in India

Bangalore, Oct 9 (UNI) Warwick University Vice Chancellor Nigel Thrift today said his University, as part of its effort to promote transborder education, had planned to set up several collaborative partnerships and branches in India. Addressing a session on 'Emerging Trends in University Education' here, he said that the latest trend for universities was to cross the borders and project themselves as global citizens in providing education related global issues like energy conservation, security in terms of climate change. Stating that.....

NCC cadets set out on backwaters expedition

Kochi, Oct 9 (UNI) Thirty NCC cadets drawn from various colleges in the city today set out on a ten-day 'Whaler sailing expedition' from here to Kollam. The expedition, comprising two 'Whaler sail boats' and two motor rescue boats, was flagged off from the Naval base by Captain T P Jaison Thomas, Ernakulam NCC Group Commander. With night halts at Vaikom, Thannermukkam, Alappuzha, Pallana, Clappana and Kollam en route, the expedition will transit through the backwaters of Vembanad, Kayamkulam and Ashtamudi.....
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