SME Times is powered by   
Search News
Just in:   • Sensex rises 120 pts, FMCG, realty, metal stocks up  • Rupee recovers from record low; Sensex up  • AI crisis enters 10th day, losses touch Rs.188 cr  • India must have option of nuclear power: Manmohan  • BJP raises concern over depreciating rupee 
Last updated: 21 Dec, 2011  

Gas.9.Thmb.jpg Abu Dhabi gas company signs deal with L&T

GasPipeLine.jpg
IANS/WAM | 21 Dec, 2011
The Abu Dhabi Gas Industries Ltd. Tuesday signed an agreement with India's Larsen & Toubro Ltd. for the construction of a gas pipeline in the country.

Mohammed Abdulla Bin Sahoo Al-Suwaidi, CEO of Abu Dhabi Gas, and K. Venkataramanan, president (operations) of L&T Ltd. inked the contract worth 695 million dirhams ($189 million).

The 122-km Habshan-Ruwais-Shuweihat gas pipeline will supply natural gas to a new refinery and Abu Dhabi's Water & Electricity Authority in Shuweihat. The project is scheduled to be completed by September 2013.

L&T hire construction labour and equipment locally.

Abu Dhabi Gas Industries Ltd. and L&T are committed to implement the project in line with highest standards and compliance, the companies said.
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Rupee recovers from record low; Sensex up
» Govt to continue TUFS for textile industry further
» 'Unregistered MSMEs to benefit from new mfg. plan'
» 215 textiles mills shut down in last 8 years: Sharma
» Exports from service sector surge to $12.89 bn in March
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» Exporters need push, not pull(10)
» SME Conclave – awareness on SME stock exchange(6)
» Industrial city Kanpur at its deathbed(3)
» 'NRI deposits, internal demand can check Rupee fall'(2)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 18 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies