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Archive for December 31, 2009

New terminal to be set up at Bhubaneswar Airport

December 31, 2009 Leave a comment

The construction work of the new domestic terminal of the Biju Patnaik Airport in Bhubaneswar, Orissa, is likely to begin soon.

The new terminal to be set up at a cost of Rs 144 crore is likely to have a capacity to handle 800 passengers, which includes 400 incoming and 400 outgoing passengers. Once the construction of the new domestic terminal is completed, this will be converted to international terminal.

Meanwhile, Naveen Patnaik, Chief Minister of Orissa, inaugurated a new parking lot at Biju Patnaik airport on 28 December 2009.

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HCC bags Hindalco order for Lapanga project

December 31, 2009 Leave a comment

Hindustan Construction Company (HCC) bagged an order worth Rs 108.73 crore from Hindalco Industries, Orissa, for pot shell fabrication works for greenfield smelter project at Lapanga, Sambalpur, Orissa.

The order is to be completed in 19 months from the date of issue of this order.

IOT to develop crude oil terminal at Paradip

December 31, 2009 3 comments

A consortium of IOT Infrastructure & Energy Services (IOT) and Oiltanking GmbH, Germany, (OT) has bagged an order for development of crude/product tankages facilities at Paradip refinery project in Orissa on BOOT basis by Indian Oil Corporation (IOC). The total project cost is estimated at around Rs 3,000 crore.

IVRCL Infrastructures & Projects is expected to be the JV partner in the SPV called IOT Utkal Energy Services, which has been set up for the implementation of the project.

IOT/OT is to have an equity stake of 62.5 per cent in the SPV and IVRCL through its subsidiary will get 37.5 per cent stake.

The project involves installation, operation and maintenance of nearly 1.4 million tankages for crude oil, petroleum products, LPG and sulphur and associated facilities at Paradip refinery which is expected to go on-stream, during 2012. The concession period is to be 15 years after commissioning.

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