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INTERNATIONAL Adani Ports & Special Economic Zone Ltd has incorporated a Joint KKR & Co and Abu Dhabi state fund Mubadala Investment Co
ADANI PORTS INCORPORATES JV WITH GADOT
MUBADALA, KKR TO INVEST ABOUT $1 BLN IN ASIA
CHEMICAL TERMINALS TO BUY ISRAEL’S HAIFA PORT
have entered into an agreement to invest about $1 billion in Asia.
The agreement will see the two firms investing across performing
Venture Company with Gadot Chemical Terminals (1985) Ltd. in
private credit opportunities in the Asia Pacific region.
Israel namely “Mediterranean International Ports A.D.G.D Ltd” on
November 13, 2022. As per the regulatory filing, Mediterranean
MUDUNURU RECEIVES ORDER IN GABON, WEST AFRICA
has been incorporated as a Joint Venture Company (“JVC”) with
Gadot Chemical Terminals (1985) Ltd. for acquisition of Haifa Port
Company (“HPC”), which currently operates Haifa Port in Israel.
Project to implement SmartPort Solution for Mineral Port, Gabon
(West Africa). The order was received from Owendo Mineral Port,
Further, for acquisition of HPC, following approvals inter-alia are Mudunuru Limited has received orders worth USD 355,395 in
obtained/are in process in Israel, as per the extant regulations: S.A. (OMP) and the order is for Supply, Design, Development,
• Approval of Competition Authority - Obtained Implementation, commissioning and maintenance of People
• Approval of Ministers (Minister of Finance and Minister of and Resource Monitoring and Management system for Owendo
Transportation) – In process Mineral Port and maintaining the project for 5 years, the company
said.
EIL BAGS INTEGRATED NGL AND CCGT POWER PLANT
PROJECT IN THE REPUBLIC OF GUYANA RAMKRISHNA FORGINGS BAGS `121.50 CRORE ORDER
Engineers India Limited (EIL) has been entrusted by the Republic of FROM A MAJOR SWEDISH OEM
Guyana to render the Project Management Consultancy Services Ramkrishna Forgings Limited, a leading supplier of rolled, forged,
for setting up an Integrated Natural Gas Liquids (NGL) Plant and and machined products, announced that a reputable Swedish
300 MW CCGT Power Plant project in Guyana with an estimated OEM major has awarded a long-term supply contract worth
contract value of $22 Million, the company announced to the `121.50 crore for two components for an Electric Vehicle (EV). The
exchanges on Wednesday. As part of this assignment, EIL shall company expects the supplies to be completed by 2030.
provide Consultancy Services for setting up the Integrated Plant and This purchase will be in phases, with supply ramping up until 2030.
manage the Engineering, Procurement and Construction of the This order demonstrates not just Ramkrishne Forgings’ outstanding
project on behalf of the Government of the Republic of Guyana. product development capabilities but also the faith that significant
The stated project in the Republic of Guyana is another milestone OEMs have in the company. The company is confident in its
achieved by EIL towards its commitment to go beyond national capacity to leverage this deal to further expand its position in the
boundaries. EIL has already been active in providing services EV area in the future.
in the Middle East, Africa, Central and South East Asia and this
project will further bolster EIL’s presence in the international market. SAMVARDHANA MOTHERSON INAUGURATES NEW
FACILITY IN MOROCCO
L&T CONSTRUCTION SECURES POWER TRANSMISSION Samvardhana Motherson’s new facility at Tanger Med Industrial
ORDERS IN SAUDI ARABIA Platform, Morocco, was inaugurated by V. C. Sehgal, Chairman of
The Power Transmission & Distribution business of Larsen & Toubro Motherson,. Representatives from the Moroccan government and
has secured multiple EPC orders in the current quarter to build administration, Tanger Med Group, and significant participants in
Transmission Lines and Substations in the Kingdom of Saudi Arabia. the automobile sector attended the opening event.
The business will undertake engineering, design, procurement and This new plant will create interior modules and components such
construction of more than 400KM of 380kV Overhead Transmission as instrument panels and door panels for passenger vehicles and
Lines and a new 230kV Gas Insulated Substation with associated light commercial vehicles as part of Motherson’s Modules and
automation and protection systems. Polymer Products business. This is Motherson’s newest facility in
The transmission network strengthening augurs well for providing Morocco, replacing the previous Tétouan location, which opened
reliable, safe and efficient electricity supply as Saudi Arabia is in 2010. At peak production, the new 15,000 m2 facility (which is
embarked on an ambitious National Renewable Energy Program twice the size of the existing facility) will employ 300 people, with
towards attaining optimal generation mix as envisaged in its highly skilled capabilities focusing on plastic injection moulding
strategic vision for 2030. and other cutting-edge processes such as high-precision robot-
aided milling, plastic welding, and airbag integration solutions.
COCHIN SHIPYARD GETS `1000 CRORE ORDER FROM Motherson will be able to give additional employment and growth
EUROPEAN CLIENT prospects in Tangier because of its better proximity to the client
A European client has placed a roughly `1,000 crore order with and greater capacity.
Cochin Shipyard to build boats.The project will take 35 months to Motherson’s Tangier growth ambitions include the creation of
complete. CSL has received a global order for the construction in-house capabilities for high-quality soft-touch surfaces for car
of two Commissioning Service Operation Vessels (CSOV) from a interior parts based on contemporary polymer-based finishes.
European Client, with an option to build four more such vessels, Motherson’s continued success in the area reinforces the
which the Owner may exercise within a year. These boats are company’s worldwide position as a leading automotive solutions
designed to assist with the commissioning and maintenance of supplier and a dependable long-term partner to its clients,
offshore wind farm projects. contributing to their future production demands and growth.

54 CONSTRUCTION OPPORTUNITIES|DECEMBER 2022