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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.
Japanese engineering services firm JGC has secured a contract worth JPY40bn ($329.9m) to construct a gas processing plant in Bahrain.
Bharat Heavy Electricals Limited (BHEL) has won a contract worth INR27.59bn ($405.8m) for building a supercritical thermal power project in Tamil Nadu, India.
Indian construction firm Punj Lloyd has secured $304m worth of oil and gas EPC contracts in Oman from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC).
Tekfen Construction has secured a contract to provide engineering, procurement and construction services for the Trans-Anatolian Natural Gas Pipeline Project (TANAP).
Sumitomo and IHI have bagged a turnkey engineering, procurement, and construction (EPC) contract to build an 110MW gas-fired combined-cycle power plant in Mozambique’s capital Maputo.
The construction unit of Larsen & Toubro (L&T) has bagged contracts worth $204m across various business verticals.
South Korean firm POSCO E&C has secured a $650m EPC turn-key contract from Gas Natural Atlantico and Costa Norte LNG Terminal for the Colon combined cycle power plant and LNG terminal project in Panama.
Indian construction firm Punj Lloyd has secured $304m worth of oil and gas EPC contracts in Oman from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC).
Bharat Heavy Electricals Limited (BHEL) has secured a contract from NTPC for the supply of two 800MW steam generators (boilers) with supercritical parameters for a power plant project in Telangana, India.
Chinese bio-energy company Sunshine Kaidi New Energy Group is set to construct a €1bn ($1.13bn) biofuel refinery in Kemi, Finland.
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