Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

generic cialis
Govt extends RFQ date for metro, again
The ongoing agitation for a separate Telangana and a unified Andhra has impacted the Rs 12,132 crore Hyderabad Metro Rail project with the government further extending the request for qualification (RFQ) date till January 16.

B-schools believe sponsors will back festive mood this year
Encouraged by the improving business sentiment, India’s premier management schools are hopeful of a higher budget and sponsorship amount for their annual festivals which are held between October and March.

News of the day

Forex reserves dip $144 million
The country’s foreign exchange reserves fell by $144 million for the week ended December 25, 2009, mainly due to revaluation of currencies. The rupee ended the week at Rs 46.65 to the dollar as against Rs 46.73 at the end of the preceding week.
Public Relations

IndianOil takes BOOT route for Paradip

What was till now a popular model in the road sector has now become a strategy for cash-strapped Indian Oil Corporation to save on capital investment. The company has managed to bring down the cost of its Rs 29,777-crore Paradip refinery by Rs 5,000 crore, by taking recourse to the build-own-operate-transfer (BOOT) model. - FinMin against issuing bonds to oil marketing companies - Teri Inc - Compensation not enough, say OMCs - Money floods into wastewater treatment - IOCL invests Rs 2,200 cr in Paradeep refinery - IOCL invests RS 2200-cr in Paradeep refinery It has outsourced work for its nitrogen and hydrogen units, crude and product tankages and water line to different companies. This is the first time IOC has followed the BOOT model on such a large scale. It had earlier experimented with the model during the construction of the Panipat refinery, where the nitrogen plant was built on a BOOT basis. IndianOil is setting up a 15-million tonne refinery at Paradip, expected to go onstream by 2012-end. The nitrogen and hydrogen units are being constructed by US-based Praxair. The company will build a hydrogen plant with a capacity of 90 million standard cubic ft a day and a nitrogen plant of 500-tonne a day capacity. The crude and product tankages will be constructed by IOT Infrastructure & Energy Services, a joint venture company between IndianOil and Oiltanking GmbH. These companies will operate the units for 15 years.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009