Reliance Infrastructure Archives

RInfra wins Rs 5,000 cr EPC contracts in Bangladesh

by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Large Enterprise, Muslim World

Mumbai : Reliance Infrastructure (RInfra) on Wednesday announced it has won two major engineering, procurement and construction (EPC) contracts in Bangladesh valued at Rs 5,000 crore through an international competitive bidding.

The first EPC contract is for setting up the entire infrastructure of a 750 MW liquefied natural gas (LNG)-based combined cycle power plant at Meghnaghat near Dhaka.

The second project is for building a 500 million metric square cubic feet per day (mmscfd) floating storage regasification unit-based integrated LNG terminal project at Kutubdia Island.

“Both the contracts are to be executed in a project schedule of 24 months, and are to be completed by 2019.

“The integrated LNG terminal project works would include setting up jetty and onshore and offshore gas pipelines,” an RInfra release said here.

“This power project win comes after winning an EPC order for Rs 3,675 crore from NLC India Ltd for setting up two lignite based thermal power projects of 250 MW capacity each,” RInfra Chief Executive (EPC) Arun Gupta, said in the statement.

On Tuesday, subsidiary firm Reliance Power (R-Power) announced that the Asian Development Bank (ADB) had approved its debt financing and partial risk guarantees totalling $583 million for the integrated project in Bangladesh.

Last week, it announced the signing of the project agreements for executing the first phase of its gas-fired power plant and LNG terminal integrated project.

R-Power said the Terminal Use Agreement for the LNG Terminal project was signed with Bangladesh state-run PetroBangla.

“The project agreements for the power project have already been executed with Bangladesh Power Development Board,” it added.

The integrated project entails an investment outlay of over $1 billion, which represents the largest foreign direct investment (FDI) in Bangladesh and the largest investment in the country’s energy sector, the statement said.

—IANS

Mumbai Metro set to become ‘germ-free’

by admin | May 25, 2021 | Corporate, Corporate Governance, Economy, News

Mumbai:(IANS) Reliance Infrastructure’s Mumbai Metro, already noted for its spotless clean environs, is now all set to become ‘germ free’ with a new hygiene initiative, an official said here on Saturday.

A series of trials were conducted by an international independent agency to test the bacterial loads, identifying the right set of disinfectants and spraying them to successfully bring down the bacterial loads on washroom basins, floors and door handles to negligible levels.

“The highly effective sanitation and hygiene programme made a soft loanch at Ghatkopar, Andheri and Sakinaka Metro stations. As a part of its Swachh Metro Abhiyaan, the new initiative was formally unveiled to mark the first anniversary of the launch of the Swachh Bharat campaign,” the official said.

This has taken to a whole new level of sanitation and hygiene operations in Mumbai Metro that are comparable with the best practices adopted by most of the top-flight healthcare institutions for their public areas and OPDs, as well as five-star hospitality establishments around the world.

A commuter – Metro Hero Sameer Bhatt – was honoured for stopping a co-passenger from spitting on the Airport Road Station platform and later handing him over to the concerned authorities.

BMC Commissioner Ajoy Mehta felicitated Bhat, the Mumbai Metro staff, officials and others for maintaining cleanliness in the presence of Mumbai Metro One Pvt. Ltd. CEO A.K. Mishra

Its much-appreciated cleanliness model involved rigorous manual and mechanical cleaning of the trains, station premises, internal roof, station equipment and depot buildings.

While light cleaning work is done every night, heavy cleaning work is carried out every 45 days besides pest control every 90 days on the network which carried over 12 crore commuters since its launch last year.