NRL to complete construction of IBFPL by end of year

22 Sep 2022 CW Team

The India-Bangladesh Friendship Pipeline (IBFPL) would be completed by the end of this year, according to the Assam-based Numaligarh Refinery (NRL).

The business is investing around Rs 350 billion to complete the Refinery Expansion Project (NREP), the Paradip Numaligarh Crude Oil Pipeline (PNCPL), and the Crude Oil Import Terminal at Paradip (COIT).

On Monday, the NRL had its 29th Annual General Meeting. Dr. R Rath, Chairman NRL and CMD OIL, presided over the meeting, which was attended by MD NRL B J Phukan. During the fiscal year 2021-22, the company declared a 150 percent dividend, which was already paid as an interim dividend during the year.

Also read
World Bank to help Gurugram with waste management expertise
KKR of US, Hero Group put $450 mn into Hero Future Energies

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..