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American oil giant Chevron has given the go-ahead to the $36.8bn Tengiz oil field expansion project in Kazakhstan.The Future Growth and Wellhead Pressure Management Project ((FGP-WPMP) is expected to raise crude oil production at the Tengiz oil field — owned and operated by Tengizchevroil (TCO), which is an affiliate of Chevron — by about 260,000 barrels daily.$27.1bn of the project’s cost will be used for facilities, while $3.5bn will be used for wells and $6.2bn for contingency and escalation. The project will make use of advanced sour gas injection technology, which has been successfully developed and proven during TCO’s expansion in 2008. Chevron’s chairman and CEO John Watson said: "The Future Growth and Wellhead Pressure Management Project represents an excellent opportunity for the company. The project builds on a record of strong performance at Tengiz and will add value for Chevron and its stockholders." Chevron Upstream executive vice president Jay Johnson added: "This project builds on the successes of prior expansions at Tengiz and is ready to move forward. It has undergone extensive engineering and construction planning reviews and is well-timed to take advantage of lower costs of oil industry goods and services." First oil is expected to be delivered in 2022.
Italian construction firm Salini Impregilo has signed a framework agreement worth $3.9bn to construct a hydropower project in Tajikistan.The firm has been awarded the first lot of the project’s work, valued at $1.95bn, which includes the construction of a 335m-high rockfill dam with a clay core on the Vakhsh River. The dam will be located in Pamir — one of Central Asia's main mountain ranges.The agreement between Salini Impregilo and Rogun Hydropower Project, the state-run company that is coordinating the project, concerns the exploitation of the Pamir’s hydroelectric potential and include four lots. The three remaining lots are seen being assigned to the group by 30 September 2016.Upon completion, the project will include six turbines of 600MW each with a total installed capacity of 3,600MW — the equivalent of three nuclear power plants.
Larsen & Toubro subsidiary L&T Hydrocarbon Engineering Limited (LTHE) has secured contracts worth INR11.7bn ($174M) across its various business segments.The business has won a lump-sum turnkey contract valued at INR3.55bn ($53M) from Indian Oil Corporation Limited (IOCL) for a coke drum system package including a 1.7M metric tonnes per annum delayed coker unit at its Haldia Refinery in West Bengal, India. Reliance Industries Limited has awarded another contract worth INR5bn ($74.4M) to L&T Hydrocarbon for its MEG, LDPE and CO shift & AGR shift of DTA units.LTHE has won an INR2bn ($29.7M) contract from Hindustan Mittal Energy Limited (HMEL) for composite mechanical works of its Low Cost Expansion Project and services for capacity expansion at Guru Gobind Singh Refinery, Bathinda. The scope of work involves the structural fabrication and erection, piping for multiple process units, tankage works, equipment erection, E&I works and shutdown works.The business has secured an order worth INR1.15bn ($17.1M) for an on-going project in Kuwait, which includes the fabrication of piping spools, to be supplied from L&T’s Kattupalli Yard near Chennai, and supply of static equipment to an Indian client from L&T’s Hazira Yard located in Gujarat.
Hydro projects of all stages continue to make Asia a growth sector, says Patrick Reynolds. Among the many hydropower projects in development in Asia, expansions are underway at the Baglihar scheme in India, the Tarbela dam in Pakistan, and Lamtakong Jolabha Vadhana pumped storage plant in Thailand.Also in Pakistan milestone progress has been achieved recently at Neelum Jhelum, and studies are advancing plans for Thakot and other projects in the Indus basin.A range of further supporting studies for hydro projects are underway in Nepal and Bhutan, respectively, and also Vietnam — including Lai Chai where works are advanced. A refurbishment project is in preparation for a key hydro scheme in Tajikistan.Nepal also has a focus on irrigation needs, including a wider examination of flood hazard risk.Himalayas/Central AsiaIndia: Baglihar-II The 450MW Baglihar-II project in Jammu & Kashmir, India, was inaugurated recently by Prime Minister Narendra Modi. Developed on the Chenab River, the project is the second stage of the Baglihar scheme and doubles the installed capacity at the site to 900MW. The Stage I plant was built over 2000-2008. Their joint output is expected to be approximately 4180GWh of electricity annually.Project developer is the Jammu & Kashmir State Power Development Corporation. Lahmeyer International — part of Tractebel Engineering, a division of ENGIE previously GDF Suez — is the Engineer-in-Charge of the Baglihar site, and since 1999 has had engineering responsibilities on both stages of the development.Contractor on both stages is Jaiprakash Associates. E&M supplier on Stage II are Voith Hydro and Andritz Hydro, and for Stage I were Voith Siemens and VATECH, respectively.Both stages are served by a 144.5m-high concrete gravity dam with an integrated overflow spillway. Each stage also features significant underground infrastructure. The intakes to both are located in the bank, immediately upstream of the dam.The stages have parallel diversion tunnels at the dam. The headrace tunnels also run together for most of their distance, and each has a 77m high surge shaft.The underground powerhouses of the two stages, each with 3 x 150MW Francis units, are close together — Stage II complex is located immediately upstream of the Stage I caverns. The cavern complexes are approximately 180m apart.Each powerhouse cavern is 50m high x 24m wide x 121m long; and, the transformer caverns are 24m high x 15m wide x 112m long. The caverns were excavated over 2011-2013.Downstream of each powerhouse complex are further underground works, located before the tailrace tunnels: the underground structures are ‘Collection Galleries’. For Stage I, the collection gallery is a single cavern; for Stage II, the system includes a lower gallery 20.6m high x 14m wide x 95m long, three 14m-wide riser shafts and a gate operating top gallery 9m high x 16m wide x 57m long.The tailrace tunnels are different, too — Stage I is short (130m), high (29m) and flow is free-flowing; Stage II is a 350m-long, 10m-diameter pressurised tunnel.Other projects on the Chenab that Lahmeyer has worked on include Sawalkote, Ratle and Pakal Dul.Separately, in Himachal Pradesh, Lahmeyer recently provided consultancy services for the Thana Plaun project being developed on the Beas River by Himachal Pradesh Power Corporation. The 187MW scheme involves dam works and an underground powerhouse, and is expected to generate about 530GWh annually.Pakistan: Thakot Investigations are underway to prepare a feasibility study for the Thakot hydro scheme being developed on the Indus River by Pakistan's Water & Power Development Authority (WAPDA).Thakot is being developed as a project of at least 2GW, and is located immediately upstream of the existing Tarbela reservoir. It is part of a cascade of large hydro schemes planned to be built on the river, and upstream projects include 2.4GW Patan and 4.5GW Daimer-Basha.Lahmeyer is working with local partners on studies for the three WAPDA projects — Thakot, Patan and Daimer-Basha, respectively.The next project upstream from Thakot in the Indus cascade is Patan, and others being planned include Dasu and Daimler-Basha, which is 315km upstream of Tarbela dam.For the Thakot project, WAPDA is seeking to exploit a head of approximately 180m between Patan and Tarbela. Planning studies for Thakot are investigating options for either a single project or a few created as a small, intermediate cascade, says Lahmeyer. Thakot dam site is at a narrow section of the river, just downstream of Besham.At Tarbela itself, WAPDA is currently constructing the 4th Extension Project at the site to add 1410MW by June 2017 — an earlier deadline to an accelerated programme, announced in January. The extension will increase the installed capacity at Tarbela to 4888MW.Civils works on the 4th Extension Project are being executed by SinoHydro, and the E&M package is being supplied by Voith Hydro. Consultants working on the project are Mott MacDonald and Coyne et Bellier with subconsultants MM Pakistan and ACE Pakistan. The consulting team has also undertaken studies for the 5th Extension project.Tarbela was completed in the 1970s, and generating units have been added in phases up to the early 1990s.An earlier project for Lahmeyer was a feasibility study review for the high-head, 34MW Harpo scheme, on a tributary on the Indus. Separately from Indus developments, WAPDA noted the milestone progress achieved in underground works in February, with a key tunnel breakthrough on the 969MW Neelum Jhelum scheme. The project is to be commissioned over the second half of 2017. Contractor is Chinese consortium CGGC-CMEC. Consultants are Neelum Jhelum Consultants, which is a joint venture of MWH, Norplan, Nespak, ACE and NDC.Tajikistan: Qairokkum rehab ILF is providing consultancy services to national utility Barqi Tojik for the rehabilitation, uprating and safety improvements at Qairokkum hydro plant, in Tajikistan.The 66-year old plant on the Syr-Darya River is to have its capacity increased from 126MW to 174MW, and various E&M and civil engineering packages of works undertaken for the rehabilitation.The project is also to deliver dam safety improvements, the quality of electricity supply, and climate change resilience.ILF will provide services during procurement and construction phases, and commissioning.Funding support for the scheme has been given by the European Bank for Reconstruction and Development (EBRD).The bank also — along with the World Bank and European Investment Bank (EIB) — has given funding support to the related CASA-1000 transmission line project, which will help Tajikistan export hydropower to the Kyrgyz Republic, Pakistan and Afghanistan. Mott MacDonald has also carried out climate resilience studies on Tajikistan's water sector for the Asian Development Bank (ADB).Nepal Consultants Lahmeyer, Total Management Services (TMS), Entura and Manitoba Hydro International (MHI) are working across a number of water studies and projects in Nepal. The different contracts range from flood hazard studies and providing consultancy services to the Nagmati irrigation scheme and development of Tanahu hydro project, respectively.Lahmeyer is working with local partner TMS on flood hazard studies in 25 key river basins — including a focus of mitigation measures in six catchments — for the Ministry of Irrigation. The studies were due for completion in the first quarter of this year.The client division managing the task is the ministry's Water Resources Project Preparation Facility (WRPPF), which has ADB funding support to focus on urgent projects to mitigate both climate change impacts and ensure sustainability of food supply.Separately, the ministry and ADB have commissioned Entura as lead consultant for the initial services of investigations and updating the feasibility study of the Nagmati dam, near Kathmandu.Following consultancy services will include detailed design of the dam and reservoir operation regime, and assistance with procurement for the construction stage of the project to be built in the Bagmati river basin.In hydropower, development services for the 140MW Tanahu hydro project — the country's first large storage reservoir — are being provided by Lahmeyer with the support of MHI.The consultants were appointed to the project last year by the developer, Tanahu Power Ltd, a special project company established by the Nepal Electricity Authority (NEA) to build and operate the scheme.Tanahu is located on the Upper Seti River, and key infrastructure includes a 140m high gravity dam, chute spillway, underground powerhouse and associated tunnels. The reservoir will have a sediment flushing capability to help maintain the active storage volume.Bhutan The World Bank has appointed ÅF — a Swedish engineering and consulting company — to undertake an environmental and sustainability study of the 720MW Mangdechhu hydro project, currently under construction in Bhutan.ÅF is more than half way through the assignment on the Mangdechhu project being built in Trongsa Dzongkhag district in the centre of Bhutan.The run-of-river scheme is designed to operate under a minimum gross head of 344m, and includes significant dam and underground works: a 101.5m high concrete gravity dam, diversion tunnel, 13.5km long headrace, and powerhouse caverns.The consultant is due to report its findings to the bank and Bhutanese authorities before the middle of this year. The work is being conducted in accordance with the Hydropower Sustainability Assessment Protocol, which covers a wide range of areas, including climate change and human rights.The Mangdechhu scheme is being developed by Mangdechhu Hydroelectric Project Authority — a joint venture of the governments of Bhutan and India, the latter providing most of the finance. The project is due for completion in 2018, generating more than 2900GWh/year, and supplying power domestically and to India.In fiscal year 2006-7, India's NHPC entered into an agreement with the Government of Bhutan to prepare a detailed project report of the proposed scheme, then envisaged with a capacity of 672MW. Feasibilities studies for the scheme were supported by Japan and Norway.SE AsiaThailand: Lamtakong Jolabha Vadhana PS, Phase 2 ÅF is supporting the Electricity Generating Authority of Thailand (EGAT) on the extension project to double the capacity of the 500MW Lamtakong Jolabha Vadhana pumped storage plant.The underground plant has two pump-turbines in operation, and was initially commissioned in 2002. The 500MW expansion project at Lamtakong Jolabha Vadhana is due for completion in late 2018.Lamtakong Jolabha Vadhana is located in Nakhon Ratchasima province, was the first underground plant hydro facility in Thailand and remains the principal plant supplying power in the northeast provinces, says Electricity Generating Authority of Thailand (EGAT). Its upper reservoir is on Yai Tieng Mountain, and the powerhouse in 350m underground.Phase 2 of the project will add two further 250MW units, taking the total capacity of the PS plant to 1GW. Work at the plant is also to include installation of two circuits of 95km-long high-voltage transmission lines to connect with the Tha Lan 3 substation, in Saraburi province.ÅF signed a contract with EGAT to provide a range of services while the extension project is executed under by an engineering, procurement and construction (EPC) contractor.The consultant's services include design review, project management, engineering and field services through all stages of execution, including commissioning.Vietnam: Lai Chau HEP ÅF is also active in neighbouring Vietnam, where the consultant most recent began work on the supporting the implementation of the environmental and social action plan for the Lai Chau hydro project.The 1200MW Lai Chau project is under development on the Da River, in Lai Chau province, in the northwest of the country close to the border with China. Construction of the 131m high roller compacted concrete (RCC) dam at Lai Chau was completed in mid-2015.Lai Chau is being development by Electricity of Viet Nam (EVN). ÅF has already been working on the project as sub-consultant to Power Engineering Consulting JSC No1 (PECC1), a former subsidiary of EVN, and the assignment continues to 2017.ÅF was awarded the environmental and social action plan contract by Son La Hydropower Management Board (SLaMB). The board and ÅF worked together previously on the 2400MW Son La project, on the same river and also featuring a major, 138m high RCC dam. Son La was completed in early 2011.The environmental and social action plan contract for Lai Chau is funded by KfW, and ÅF is already working on another contract in Vietnam funded by the German development bank — gap analysis on environmental aspects of a smart grid transmission project. ÅF says the contract is similar to the objectives at Lai Chau by checking environmental and social due diligence, in this case for 6 x 220kV transmission lines.
The ATAL-Degremont-China Harbour joint venture has secured a HKD$3.14bn ($404M) contract from Hong Kong’s Drainage Services Department for the first phase of the San Wai Sewage Treatment Works (STW) upgrade.The project will use the latest sedimentation technology, which is more efficient than conventional clarifiers and requires less space, saving almost 40% of the land. It will also deploy the BIM technology to visualise the plant’s design with 3D images.Drainage Services Department director Edwin Tong said: “The project comprises the design and construction of sewage treatment facilities with a daily treatment capacity of 200,000cb m to cater for the projected additional sewage flow due to development needs in the Northwest New Territories after 2020.“The works will also upgrade the treatment level of the STW to the chemically enhanced primary treatment level with ultraviolet disinfection facilities for reducing pollution loads to the northwestern waters.”Upon completion of construction works in 2020, the joint venture will undertake the operation, repair and maintenance of the STW for a contractual operation period of 15 years.
The European Bank for Reconstruction and Development (EBRD) is providing a €294M loan to enhance natural gas storage and distribution in Kazakhstan.EBRD will provide €242M to Intergas Central Asia to enhance the gas storage to its full capacity of four billion cubic metres (bcm) from the current limit of 2.6bcm, and €52M to KazTransGas-Aimak for the expansion and modernisation of the natural gas distribution network in several regions of Kazakhstan. The improvement will allow the utility to connect new households and industrial customers to gas supplies, while reducing the current dependency on coal-generated electricity.EBRD’s president Sir Suma Chakrabarti said: “We have worked consistently with Kazakhstan on projects which develop the green economy. “Few approaches create such immediate progress as a switch to cleaner sources of energy. Gas is much cleaner than coal and helps to complement renewable energy.“We are very pleased to start our cooperation with KazTransGas and to continue our enhanced partnership with Kazakhstan with these two major steps towards a sustainable future.”
Hyflux and Mitsubishi Heavy Industries (MHI) consortium’s project company TuasOne Pte Ltd has secured project financing for TuasOne waste-to-energy plant in Singapore.The project company has secured a SGD653M ($472.7M) 27-year loan facility, which will be utilized to fund the development, its construction and start-up costs.The project financing is provided by DBS Bank, Malayan Banking Berhad Singapore Branch, Mizuho Bank Ltd and The Bank of Tokyo-Mitsubishi UFJ Ltd, which are the underwriters and book-runners for the facility.DBS Bank Ltd, Maybank Kim Eng Securities Pte Ltd, Mizuho Bank Ltd and The Bank of Tokyo-Mitsubishi UFJ Ltd were the lead arrangers in the project financing.
Korea Gas Corporation (KOGAS) has inked an agreement with Indonesia-based PT Perusahaan Daerah Pertambangan dan Energi South Sumatra to build a 363km gas pipeline.Under the $600M contract, KOGAS will construct a 245km gas pipeline in South Sumatra, Indonesia and another gas pipeline, measuring 118km, in Bali. It will also operate and provide the project’s maintenance services over a 30-year period.KOGAS aims to conduct a feasibility study and assess the results before making a decision whether to proceed with the project.Established in 1983 by the Korean government, KOGAS operates four LNG regasification terminals and 4,440km of natural gas pipelines in South Korea.
Bharat Heavy Electricals Limited (BHEL) has secured an INR16bn ($239.3M) contract for the construction of a coal-based thermal power project in Odisha, India. Under the contract, BHEL will be responsible for the design, engineering, manufacture, supply, construction, erection, testing and commissioning of the 1x250MW coal-based thermal unit at Rourkela Power Project on an Engineering, Procurement and Construction (EPC) basis.BHEL’s Trichy, Haridwar, Bhopal, Ranipet, Hyderabad, Jhansi, Thirumayam and Bengaluru plants will manufacture key equipment for the project, and the power sector division of the company will be responsible for civil works and erection or commissioning of the equipment.
UK-based oil and gas services company Wood Group has won two new contracts, worth more than $140M, to provide technical services and expertise to an oil firm in Iraq.Under the three-year contracts, Wood Group PSN (WGPSN) — one of the group’s three businesses — will offer brownfield front-end engineering design, detailed engineering, project management, procurement services, system completion and commissioning support for operations and start-up on a significant onshore asset in southern Iraq.Both contracts, set to create over 100 new jobs in the region, will be executed from southern Iraq and Dubai, where WGPSN opened an office in 2015. WGPSN's eastern region managing director David Buchan said: “These two significant contract wins demonstrate Wood Group’s commitment to working closely with key clients to extend our operations in Iraq, where we see a growth market that complements our broad service capabilities, international knowledge and strong expertise. “Establishing an office in Dubai and a base in Iraq reflects our intention to build lasting customer relationships and focus on the development of our Iraqi workforce and supply chain partnerships.”
India-based Reliance Power has secured approval from the government of Bangladesh to develop a $1.3bn liquefied natural gas (LGN) power project.
Saipem and consortium partners Bos Shelf and Star Gulf have secured the $1.3bn contract for Stage 2 of the Shah Deniz natural gas project in Azerbaijan. The Shah Deniz field is located 90km offshore Azerbaijan, in water depths from 75-550m.The five-year scope of work will include the transport and installation of subsea production systems and subsea structures, and the installation of fibre optic cables and production umbilicals.It will also involve the installation of 90km of pipelines, the activation, crewing and operations management of the new-build subsea construction vessel (SCV) Khankendi.Saipem’s CEO Stefano Cao said: “We are delighted to have secured this major award, which enables us to continue and consolidate our 20-year relationship with BP and Socar in Azerbaijan and to put our world-class people and technologies at their disposal for the timely and efficient delivery of Shah Deniz Stage 2. “This award also further strengthens Saipem’s key role in the construction of the Southern Gas Corridor where the company has a total of four contracts, in the upstream segment and in gas transportation infrastructure both onshore and offshore.”
Atlantis has entered into an agreement with privately-owned international marine, subsea and renewable energy developer SBS to establish a joint venture to develop a 150MW tidal stream site in Indonesia.SBS has been studying the potential of ocean energy resources for tidal stream devices around the Indonesian archipelago since 2013. The project will now be implemented as SBS has completed the feasibility study. The project will be supported by a 25-year power purchase agreement with the state-owned electricity company, Perusahaan Listrik Negara (PLN).Atlantis CEO Tim Cornelius said: "The Indonesian archipelago of over 17,000 islands represents an extremely promising tidal stream resource. We are looking forward to working with SBS on this exciting project that offers the potential to provide highly predictable tidal stream power generation to the people of Indonesia."This also represents an opportunity for us to demonstrate our industry-leading tidal energy technology in a range of tidal conditions and export some of the intellectual property we have created through the development of the MeyGen project from Scotland to other parts of the world."The total cost of the project has been estimated at $750m and will be constructed over a number of stages.
Hyundai Engineering has begun construction on the $2.66bn Kandym gas processing plant in Uzbekistan.The South Korean company obtained orders for the front end engineering design (FEED) services for the Kandym gas field development in 2011, and received the engineering, procurement and construction (EPC) contract for Kandym gas processing plant in February 2015 from LUOC —a joint venture between Russia's Lukoil and Uzbekistan's state-run oil and gas company UNG.The processing plant is being constructed in the Kandym gas field, which is about 520km southwest from Uzbekistan's capital city Tashkent. When completed, the facility will have an annual production capacity of 8.2bn cubic metres, or 6.35m tonnes, of natural gas.The Hyundai Engineering's stake of the project is $2.01bn and construction work is expected to be complete in the first half of 2019.
The World Bank has approved $100m of funding for the Karnataka Urban Water Supply Modernization Project (KUWSMP) in India to provide clean water to citizens of Hubballi-Dharwad.The project will be implemented by the Hubballi-Dharwad Municipal Corporation. The municipality will hire a professional water supply operating company to help improve its water supply system through a 12-year contract. It will retain ownership of the water supply assets and control of the service delivery set up. KUWSMP will enable the Hubballi-Dharwad Municipal Corporation to set up a city-level water utility that will take over water supply operations from the operating company at the end of its contract period.The $100m loan from World Banks’ International Bank for Reconstruction and Development (IBRD) has a five-year grace period, and a maturity of 24 years.World Bank country director for India Onno Ruhl said: “No major city in fast-urbanizing India provides its residents with continuous piped water supply, a situation that particularly affects the poor, women and children, who spend time and money to secure water for their basic needs.“The government of Karnataka and the city authorities of Hubballi-Dharwad are trying to change this reality. The World Bank is pleased to support their efforts to ensure that all the citizens of the twin cities, including the poor who usually remain under-served in most urban areas, have access to clean water in their homes.”
Bangladesh-China Power Company (BCPCL) has signed a $1.56bn EPC contract with a Chinese consortium for a 1,320MW coal-fired power plant in Bangladesh.BCPCL is an equal stake joint venture between North-West Power Generation Company of Bangladesh and China National Machinery Import and Export Corporation. The Chinese consortium includes First Northeast Electric Power Engineering Company (NEPC) of China and China National Energy Engineering and Construction Company (CECC).The plant will be located on a 397-hectare site at Payra in Patuakhali district, about 204km south of Dhaka, near Payra maritime port.It will have two units of 660MW capacity each. The first unit is expected to supply electricity by April 2019, while the second one will start generation six months later.The project is a part of Bangladeshi government's plan to construct a series of coal-fired power projects to produce 20,000MW electricity by 2030. The EPC contractor is slated to arrange the project fund from the Chinese banking system as credit.
China Power Engineering Consulting Co. (CPECC), a subsidiary of Energy China, has started construction on the 1,200MW Hai Duong Thermal Power Plant in Vietnam.The project will involve an investment of around $1.87bn. CPECC holds 70% stake in the project, while Jaks Resources Berhad has the remaining 30% stake.It is located in Hai Duong Province, 60km away from Vietnam’s capital city Hanoi. The construction of the power plant includes two 600MW subcritical generating units and four circulating fluid bed boilers. The thermal power plant is being constructed in a build-operate-transfer (BOT) model, with a construction period of 54 months. The concession period of the BOT contract is 25 years.Within the concession period, profits from selling electricity will be divided among the shareholders in proportion to the number of shares owned. At the end of the concession period, the plant will be transferred to Vietnam’s Ministry of Industry and Trade.
The Asian Development Bank (ADB) has granted a $123.3m loan to Metropolitan Waterworks and Sewerage System (MWSS) of Manila to build a new water tunnel in Manila, Philippines.The proposed tunnel will stretch over 6km in length, with an internal span of about 4m. It will be an intake structure at the Ipo reservoir, and a new transition basin at Bigte, with connecting infrastructure. The project will implement structural measures to minimise impact of earthquakes and other hazards, and environmental degradation. ADB Southeast Asia Department senior urban development specialist Paul van Klaveren said: "The Angat transmission system provides more than 95% of Manila's water but its existing tunnels are up to 75 years old and in poor condition, leaving the metropolitan area highly vulnerable to serious supply disruptions.“This assistance will allow the Metropolitan Waterworks and Sewerage System to build a fourth tunnel, clearing the way for it to upgrade and modernize its other existing tunnels and aqueducts to maximize and strengthen supplies.”
A consortium of Hock Seng Lee (HSL) has secured a contract worth MYR750m ($185.1m) for a wastewater treatment plant and the sewer network project in Kuching, Sarawak, Malaysia.HSL said in a filing with the stock exchange that it owns 75% of the Kumpulan Nishimatsu Hock Seng Lee consortium.The contract has been awarded by the state government of Sarawak through Jabatan Perkhidmatan Pembetungan Sarawak for the Kuching city central wastewater management system.The scope of the contract will include the construction and commissioning of the plant, the main, secondary and tertiary lines, property connections, and the provision of the process plant and equipment.The consortium will also be responsible for related building works, as well as mechanical and electrical works. The project is anticipated to be completed and commissioned in six years.“The contract is expected to contribute positively to the earnings and net assets of HSL Group as the project progresses during the contract period. However, the transaction will not have any effect on the share capital and substantial shareholdings of HSL,” HSL said in a statement.
German automaker Daimler has announced plans to invest about €500m for the construction of a new battery factory in the Saxon city of Kamenz, Germany.
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