Power Project in Pipavav
Petronet Deal with KPPL
Contract Awarded to P&O
A 2000-megawatt Pipavav power project in Gujarat will be awarded under the new policy on tariff-based, international bidding. Nineteen companies have bid for the project in Gujarat, including joint venturers ABB/PowerGen/Siemens, National Power/Larsen & Toubro and China Light & Power/Tata Electric.
Petronet LNG has signed a memorandum of understanding with Kannur Power Project Limited (KPPL) to supply the latter with gas from its Kochi LNG receiving and re-gasification terminal. The 513-megawatt project in Kerala is being developed by KPP Nambiar. The plant will initially operate on liquid fuel but will eventually switch over to natural gas.
The operations and maintenance contract for the container terminal at Kandla Port, the first privatization project in Gujarat, has been awarded to P&O Ports Australia. The project involves a total investment of $43 million of which $ 28 million will be invested in new container-handling equipment. The cost of upgrading the existing 400-metre quay and constructing new buildings and other facilities has been estimated to be $15 million.
For further information on this topic please contact Shardul Thacker at Mulla & Mulla & Craigie Blunt & Caroe by telephone (+91 22 204 4960) or by fax (+91 22 285 0315) or by e-mail ([email protected]).
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