Page 11 - Refinery Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KARACHI: Stocks remained subdued on Monday for the second consecutive session as the 47,000-point barrier again proved a tough nut to crack. Trading started on a dismal note with the KSE 100-share index barely moving as investors were undecided on the direction of the market. The trend remained choppy with the index swaying between intraday low of 247 points and high of 168 points. The benchmark settled with a loss of 184 points, or 0.39 per cent, at 46,721.87. The figures released by the National Clearing Company of Pakistan in the evening showed foreign selling of stocks worth $1.36m. Amon...

January 27, 2021 Mukesh Kumar Surana, CMD, HPCL× PCPIR in Rajasthan eyes ₹15,000 crore investment and 1.5 lakh jobs by 2030 Post-Covid consumption spike is set to drive the growth for the petrochemicals segment and fuel the growth opportunity for the downstream players, informed Mukesh Kumar Surana, Chairman and Managing Director (CMD), Hindustan Petroleum Corporation Limited (HPCL) on Wednesday. Surana also stated that overall consumption of petrochemicals will go up substantially and grow at the 1.5-times the GDP growth of the country. “Due to pandemic, there is a general uptrend in th...

Perma-Pipe International Holdings Announces $6.7M Contract Awarded In India SPRING, TEXAS--(BUSINESS WIRE)-- Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced its subsidiary Perma-Pipe India Pvt. Ltd. (PPIL) has been awarded a $6.7 million contract by JSIW Infrastructure Pvt. Ltd. (JSIW) for application of a thermal insulation system on pipe to be used for the construction of the 12” diameter, 74 km long Mangla crude oil pipeline. The skin effect heat traced and insulated crude oil pipeline is being developed by HPCL Rajasthan Refinery Ltd (HRRL) (a joint venture compan...

Shares of Larsen & Toubro (L&T) traded 1 per cent higher at Rs 1,296 on the BSE on Friday in an otherwise subdued market on report that the company’s wholly-owned subsidiary, L&T Hydrocarbon (LTHE), is the lowest bidder for HPCL Rajasthan Refinery. The stock of the construction & engineering company was trading close to its 52-week high level of Rs 1,384, touched on February 1, 2020. In comparison, the S&P BSE Sensex was down 0.25 per cent at 46,767 points, at 12:20 pm. LTHE has emerged as the lowest bidder for HPCL Rajasthan Refinery Ltd's two engineering, procurement, construction and ...

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has emerged as the lowest bidder for HPCL Rajasthan Refinery Ltd's two engineering, procurement, construction and commissioning (EPCC) packages, coming up at Barmer in Rajasthan, according to sources. HRRL opened the financial bids submitted by the 2 bidders (Petrofac and L&T Heavy Engineering) for Petro FCC Package and 3 bidders (Tecnimont+JGC, Petrofac and LTHE) for DFCU Package in December 2020. The combined value for both the packages will be around Rs 13,000 crore. Petrofac's bid got disqualified for both ...